Study: Less than one-third of UW-Madison off-campus housing considered affordable
KIMBERLY WETHAL
Updated
Madison college students camped out overnight and waited for hours ahead of J. Michael Real Estate's opening on Friday, Oct. 7. Students were looking to sign leases for the 2023-24 school year, which were first-come, first-serve.
More than two out of three UW-Madison students pay more for housing than they can afford, according to a first-ever study conducted by the city and the university.
A newly released study, funded by UW-Madison and the city of Madison, shows that nearly 70% of student off-campus housing rentals are not considered affordable based on nearly 3,600 student responses. Students say $980 a month for an apartment is what's affordable to them, while most new apartments near campus have students paying an average of $1,575 per person. Grand Central apartments has a one-bedroom student apartment listed on UW-Madison's off-campus housing website for $2,250.
A newly released study, funded by UW-Madison and the city of Madison, shows that nearly 70% of student off-campus housing rentals are not considered affordable based on nearly 3,600 student responses. Students say $980 a month for an apartment is what's affordable to them, while most new apartments near campus have students paying an average of $1,575 per person. Grand Central apartments has a one-bedroom student apartment listed on UW-Madison's off-campus housing website for $2,250.
