US5.com
  1. Home
  2. States
  3. Wisconsin
  4. ZIP 53704
  5. Housing & Real Estate
Madison city, WI

ZIP 53704 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 53704

Median Home Value
$289,000
Median Rent
$1,133
Affordability Snapshot
$80,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,856/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 53704 in Madison city, WI, a household would need roughly $80,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,856. That is roughly in line with the local median household income ($75,007). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
53.5%-18% vs US avg
x
Vacancy Rate
4.1%-60% vs US avg
x
Broadband Access
93.2%+7% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
6.2%-51% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
19.6%-61% vs US avg
x
Mortgage-Free
33.4%-12% vs US avg
x
$289,000
Home Value
$1,133
Rent
1971
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached44.9%
  • 1-unit attached4.2%
  • 2-9 units27.8%
  • 10+ units21.2%
  • Mobile home & other2.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$289,000
Median rent$1,133
Owner-occupied53.5%
Vacant4.1%
Price-to-income3.9x
Est. income to buy$80,000