Housing market/Wisconsin/ZIP 53706

ACS 2023 · FY2027 SAFMR

ZIP 53706 Madison, Wisconsin

Madison, WI HUD Metro FMR Area · Wisconsin. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
3,801
Households
25
Median HH income
$2,499
Renter share
100.0%
Median gross rent
$900
Vacancy
35.9%
Pop. change
-37.4%
2BR SAFMR
$1,750
SAFMR / rent
1.944×
2–49 unit stock
2
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 53706 · WI — sent to you.

ZIP 53706 · WI

ACS median rent$900
2BR SAFMR$1,750
90% floor$1,575
110% ceiling$1,925

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 53706

  • 1-unit detached1128.2%
  • 5–49 units25.1%
  • 50+ units2666.7%
TypeUnitsShare
1-unit detached1128.2%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units25.1%
50+ units2666.7%
Mobile00.0%

2–4 unit share 0.0% · 5–49 unit share 5.1% · combined 2–49 5.1%.

Units by bedrooms

Studio
26
1BR
0
2BR
11
3BR
0
4BR
0
5+
2

Rent burden

Rent ≥30% of income48.0%
Rent ≥50% of income48.0%
  • ACS median gross rent $900 (all bedrooms, occupied rentals).
  • Median contract rent $825.
  • Renters paying ≥30% of income 48.0%; ≥50% 48.0%.
  • FY2027 2BR SAFMR $1,750 (1.944× ACS median gross rent).

Population

3,801 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -37.4%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 4,992 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 53706 100.0% of occupied households are renters; vacancy is 35.9%; ACS median gross rent is $900; population changed -37.4% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 2 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,750 versus ACS median gross rent of $900. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Wisconsin research

ZIP 53706 is a Census / HUD profile for Madison, WI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Wisconsin research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 53706?

ZIP 53706 (Madison, WI HUD Metro FMR Area) has 3,801 residents, 25 households, a renter share of 100.0%, median household income of $2,499, and ACS 2023 median gross rent of $900. Vacancy is 35.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 53706?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 2 in 20–49. Combined 2–49 unit stock is 2 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 53706?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,750. See the full schedule and 90–110% payment-standard band on the ZIP 53706 — Madison, WI HUD Section 8 Payment Standards / SAFMR.

Does this Wisconsin ZIP profile include Georgia listings?

No. ZIP 53706 is Census / HUD research for Madison, WI HUD Metro FMR Area. Jeff Crowe CRE does not list Wisconsin property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.