Cost of Living in Dane County, Wisconsin

$1,345/mo
Median Monthly Rent
$366,100
Median Home Value
51% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,345/mo
51% above state average
Median Home Value
$366,100
30% above national
Rent-to-Income Ratio
28.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Dane County Compares

Median monthly rent comparison

Dane County$1,345/mo
Wisconsin Average$891/mo
National Median$1,163/mo

Detailed Housing Stats

$1,345/mo
Median Gross Rent
$366,100
Median Home Value
$1,742/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Dane County, Wisconsin

Dane's housing costs strain even high earners

Dane County's rent-to-income ratio of 18.3% is the highest among these eight counties and well above national norms, despite having the strongest median household income at $88,108. Median rent of $1,345 per month and median home values of $366,100 reflect Madison's status as Wisconsin's hottest housing market.

Wisconsin's priciest housing market

Dane County's 18.3% rent-to-income ratio is the highest statewide, more than 3 percentage points above Wisconsin's 14.9% average. This elevated burden reflects the Madison metro area's strong job market, population growth, and competitive real estate demand.

Significantly costlier than all regional peers

Dane's $1,345 median rent crushes every neighbor—Clark ($786), Crawford ($809), and Chippewa ($963) all cost far less. Similarly, Dane's $366,100 median home value dwarfs Columbia ($258,700), Door ($305,800), and all other neighbors, underscoring Madison's premium.

Housing claims 37% of gross household income

Dane residents allocate roughly $1,345 in rent or $1,742 in monthly ownership costs, totaling about 37% of the $88,108 median household income. Even with Wisconsin's highest incomes, Dane households dedicate more than one-third of earnings to housing—a level considered severely unaffordable.

Dane demands strong income before relocating

Dane County's 18.3% rent-to-income ratio signals that only well-compensated professionals should consider moving here without significant savings. If Madison's job market justifies the move, budget for housing to consume substantially more of your paycheck than in rural Wisconsin counties like Clark or Crawford.

Affordability Calculator

See how your income compares to housing costs in Dane County

$

Rent Burden

18.3%

of gross income

Max Housing (28% Rule)

$2,056

per month

Owner Cost Burden

23.7%

of gross income

The median home in Dane County may be a stretch

Median home value is $366,100. Estimated monthly cost: $2,923 vs. your max of $2,056.

Rent Affordability Guide

Your rent-to-income ratio18.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Dane County, Wisconsin?
Dane County, Wisconsin has a median monthly rent of $1,345/mo and a median home value of $366,100. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Dane County?
The median gross rent in Dane County is $1,345/mo. This is 51% above state average for Wisconsin.
Is Dane County affordable?
Dane County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Dane County's rent compare to the state average?
Dane County's median rent of $1,345/mo is 51% above state average of $891/mo for Wisconsin.
What is the median home value in Dane County?
The median home value in Dane County, Wisconsin is $366,100. This is 30% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.