Last updated
Average Rent in Tenney-Lapham & Rent Trends
Rent prices and market trends across 11 apartment communities in Tenney-Lapham, Madison, WI. Updated daily.
Market Average
$2,818/mo
▲ +7.1% from last month
Lowest Available
$1,599/mo
cheapest unit on market
Communities
11
tracked daily
Units Listed
41
available now
Rent Watch: cuts and increases
Open Rent Watch →1 cuts and 0 increases among 24 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.
- Park Place
↓ $50/mo
Cut of 1.9% · Unit 414
Tenney-Lapham vs Madison, WI Average
Tenney-Lapham is more expensive than the Madison, WI average by $486/mo (21%). The citywide average is $2,332/mo across all neighborhoods.
Is Rent Going Up or Down in Tenney-Lapham?
As of October 2026, the average rent in Tenney-Lapham is $2,818 per month across 11 apartment communities and 41 available units. Rents have increased $188 (7.1%) over the past month.
The most affordable option is Chapter at Madison Student Apartments starting at $1,599/mo. By unit type, a 2-bedroom averages $2,818/mo.
Prices range from $1,599 to $4,000 per month. The most common price point is the $2,800 range, where 10 units are currently listed.
Tenney-Lapham Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| April 2026 | $2,311 | - | 5 |
| May 2026 | $2,273 | -$38 | 5 |
| June 2026 | $2,363 | +$90 | 8 |
| July 2026 | $2,293 | -$70 | 12 |
| August 2026 | $2,141 | -$152 | 11 |
| September 2026 | $2,170 | +$29 | 13 |
| October 2026 | $2,225 | +$55 | 17 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Rent Price Distribution
Rent by Bedroom Type in Tenney-Lapham
Rent Prices by Apartment in Tenney-Lapham
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Chapter at Madison Student Apartments | $1,599/mo | $1,599/mo | 1 | 4.7 |
| The Waterfront Apartments | $1,607/mo | $1,607/mo | 1 | 4.3 |
| Capitol Centre Court Apartments | $1,855/mo | $1,933/mo | 4 | 4.2 |
| Park Place | $2,050/mo | $2,621/mo | 7 | 3.9 |
| SEVEN27 at The Yards | $2,290/mo | $2,934/mo | 10 | 4.1 |
| The Madison Mark | $2,450/mo | $2,450/mo | 1 | 3.7 |
| Quarter Row at The Yards | $2,470/mo | $2,856/mo | 6 | 4.9 |
Frequently Asked Questions About Rent in Tenney-Lapham
What is the average rent in Tenney-Lapham?
Is rent going up or down in Tenney-Lapham?
What is the cheapest apartment in Tenney-Lapham?
How many apartments are available in Tenney-Lapham?
What salary do I need to live comfortably in Tenney-Lapham?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$113,000/year
Based on the 30 percent rule, using our tracked average rent of $2,818/mo.
Comfortable income
$135,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,599/mo), you need to earn at least $64,000/year.
Median household income in Tenney-Lapham is $76,983 , about 43% below the comfortable-living threshold.
Cost of living in Tenney-Lapham
Overall prices in Tenney-Lapham runs below the national average by about 4% (BEA Regional Price Parity index 95.9, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Tenney-Lapham's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,818 |
| Utilities | $413 |
| Groceries | $507 |
| Transportation | $983 |
| Healthcare | $480 |
| Other goods and services | $768 |
| Estimated total | $5,968/mo |
Population
275,568
Median household income
$76,983
Census median rent
$1,364/mo
Census rent burden
29.5%
Median age
31.8
Mean commute
19 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Tenney-Lapham Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Tenney-Lapham Apartments
Browse all 11 communities with daily-updated pricing and availability.