Property Management in Madison, Wisconsin

Madison is Wisconsin’s capital and the Dane County seat, on an isthmus between Lakes Mendota and Monona, about 77 miles west of Milwaukee. Employers include UW–Madison, UW Health, state government, American Family Insurance, and Exact Sciences, with Epic Systems a major private employer in nearby Verona. Metro Transit serves the city and many nearby communities.

This is the market with the best public rental data in our footprint, and recent figures are more mixed than the tight years just after 2022. HUD’s Madison Housing Market Area analysis (Columbia, Dane, Green, and Iowa Counties), current as of May 1, 2025, put apartment vacancy at 5.3% in the first quarter of 2025, up from 4.3% a year earlier and from a recent low of 3.3% in the first quarter of 2022 (CoStar, as cited by HUD). Average apartment rent was $1,612, up $40, or 3%, year over year. HUD expected demand for 9,675 new rental units over the next three years, with 7,250 units then under construction (HUD CHMA). The Greater Madison Chamber, citing CoStar, later reported that the metro added a net 2,802 multifamily units in 2025, vacancy rose from 5.9% to 6.2%, and asking-rent growth slowed from 2.5% to 1.4% (Metro Metrics, January 2026). The City of Madison’s 2025 Housing Snapshot, also citing CoStar, reported a 4.8% “stabilized” vacancy in late 2025, which excludes lease-up supply and is not the same number (City snapshot).

Census Bureau Vintage 2025 estimates put Madison at 286,233 residents on July 1, 2025, up 11,382, or 4.1%, from 274,851 in 2020. Dane County grew 4.9% and accounted for a large share of the state’s gain. The Chamber, citing the Wisconsin REALTORS Association, also notes a longer-run housing undersupply in the county. New supply and leftover demand can be true at the same time; a rental analysis has to look at your building, not only the metro headline.

Patriot Properties lists 26 Madison rentals on Our Properties. Communities with their own pages include Liberty Valley Apartments, Timber Bluff Apartments, Freedom Park Apartments, Martin Street Apartments, Andes Apartments, and Garfield Street Triplex in the Vilas neighborhood near Monroe Street, the Arboretum, and Henry Vilas Zoo. The rest of the list includes near-east side addresses on Williamson, Jenifer, and East Johnson Streets, plus other duplexes, small houses, Arboretum Row Condominiums, and Starr Grass Condominiums.

That spread is the point: Madison is not one product. We lease and maintain the mix with the same AppFolio reporting, the same screening rules, and a Dane County field team. Owners who want more on vacancy and loss-to-lease can read Why Us. Renters should use the Madison apartments page; owners can start with Property Management Services.

Owner FAQ

How many Madison properties do you manage?

Twenty-six are listed under Madison on Our Properties, from Liberty Valley and Timber Bluff to duplexes and small houses. Ask us on a rental-analysis call if a specific address is already in the portfolio.

The metro vacancy rate has risen. Should I still hire a manager?

Higher vacancy and slower rent growth in 2025, documented by HUD and the Chamber, are exactly why leasing speed, pricing, and turns matter. We will not promise a vacancy rate. We will show you how listings, showings, and work orders are handled.

Do you manage condominiums as well as apartment buildings?

Yes. Arboretum Row and Starr Grass, for example, appear on the Madison Our Properties list. Association rules still apply; we will ask about them during the analysis.

How do I get a Madison rental analysis?

Call (608) 849-6500 or request a free rental analysis.

Get a free rental analysis for your Madison property. Call (608) 849-6500, Monday–Friday, 9 a.m.–5 p.m., or request an analysis.

Madison apartments · Property Management Services · Why Us · Liberty Valley · Timber Bluff