Real Estate Investing in Madison, Wisconsin (53705)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53705 (Madison, WI)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Madison, WI (53705)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 53705 Madison
The 53705 ZIP covers a section of Madison that demands careful diligence. Prices near $568K look accessible, but the work to make a deal cash flow is real.
Rent of $1,902/mo on a $568K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 53705 sits below the stated 0.0% once reality is priced in.
The gap between 53705 and stronger Madison ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 53705 ZIP's population of 25,045 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
Experienced landlords with local relationships tend to find 53705 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Madison:
Property Strategy for 53705
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $240,384 | $1,500 | 4.5% | +7.5% | $240,384 |
| 2BR | $392,635 | $1,720 | 3.2% | +8.3% | $196,318 |
| 3BR | $542,229 | $2,270 | 3.0% | +7.9% | $180,743 |
| 4BR | $692,906 | $2,550 | 2.6% | +8.6% | $173,227 |
| 5BR | $809,148 | — | — | +8.8% | $161,830 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 53705 Compare?
| Metric | 53705 | Madison | Madison, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $567,874 | $306,543 | N/A | $320,446 |
| 5-Year CAGR | 6.4% | 5.6% | N/A | 7.3% |
| Avg Rent | $1,902 | $1,679 | N/A | - |
| Cap Rate | 2.6% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53705 (Madison, WI). Anonymous, moderated, never written by AI.
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Property managers serving Dane County
Manage rentals here? List your business →Evans Property Management Services, LLC (PRIMA™) offers pet-friendly apartments and rentals in and around Madison, WI. summary from their website
Kader Property Management offers residential and multi-family property management services in Madison. summary from their website
Madison Property offers apartments and housing for rent in Madison, WI. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $567,874 |
| Monthly Rent | $1,902 |
| Price-to-Rent | 24.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | -7.4% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 53705
Population: 25,045
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 53705
Schools in This ZIP Code
Nearby Schools (4 more)
Schools in adjacent ZIP codes that may serve this area
Ezekiel Gillespie Middle School
Randall Elementary School
Vel Phillips Memorial High School
West High
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 7,911 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Madison, WI?
The median home value in Madison, WI is roughly $568K. That puts it reasonable relative to the WI statewide average.
How landlord-friendly is Madison, WI?
Landlord-friendliness in Madison, WI is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What approach is best for Madison, WI real estate?
The best-fit strategy in Madison, WI is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Can I live-in-and-rent in Madison, WI?
The house hack math a challenging in Madison, WI. Owner-occupant buyers benefit from the $1,902/mo rents and $568K home values.
Is Madison, WI a good market for buy-and-hold investors?
Our data puts Madison, WI at 3.0/5 for investability. Home prices of $568K and rents around $1,902/mo create a solid backdrop for investor activity.
You know 53705 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 53705 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 53705 ranks in Madison, WI
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