Like any large city, home prices in Madison have continued to increase over the years. Fortunately, there are still some neighborhoods in Madison that offer some affordable housing options. These are the cheapest neighborhoods in Madison for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Madison.

Population 235
-63%
Median Home Value $174,222
63% less expensive than Madison
Population 1,527
-59%
Median Home Value $196,346
59% less expensive than Madison
Population 1,105
-58%
Median Home Value $199,394
58% less expensive than Madison
Population 2,526
-39%
Median Home Value $289,301
39% less expensive than Madison
Population 3,770
-39%
Median Home Value $289,728
39% less expensive than Madison
Population 1,287
-39%
Median Home Value $292,241
39% less expensive than Madison
Population 3,132
-38%
Median Home Value $295,817
38% less expensive than Madison
Population 279
-38%
Median Home Value $296,558
38% less expensive than Madison
Population 182
-37%
Median Home Value $301,355
37% less expensive than Madison
Population 666
-36%
Median Home Value $306,174
36% less expensive than Madison
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
  • Use local data to guide a smarter investment
  • Compare neighborhoods side by side
Local Insights Report