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Green Bay, WI vs Madison, WI

Side-by-side rent vs. buy comparison using 2026 market data — home prices, rents, price-to-rent ratios, and more.

Green Bay

Wisconsin

Buy Favored

Median Price

$281K

Avg Rent

$1,758/mo

Price-to-Rent Ratio

13.3×

Madison

Wisconsin

Buy Favored

Median Price

$445K

Avg Rent

$2,781/mo

Price-to-Rent Ratio

13.3×

Head-to-Head Comparison

MetricGreen Bay, WIMadison, WIWinner
Median Home Price$281K$445KGreen Bay — More Affordable
Average Rent$1,758/mo$2,781/moGreen Bay — Lower Rent
Price-to-Rent Ratio13.3×13.3×
Median List Price$255K$400KGreen Bay — Lower List Price
Price per Sq Ft$168/sqft$243/sqftGreen Bay — Lower Cost/SqFt
Days on Market44 days54 daysMadison — Hotter Market

Market Context

Madison, WI

Navigating the housing market in Madison, Wisconsin, presents a unique set of considerations for prospective homeowners and renters alike. The city, nestled in Dane County, has seen its median home prices hover around the $420,000 to $440,000 range recently, reflecting a market that has experienced steady growth with some fluctuations. While not as volatile as some larger metropolitan areas, Madison's market remains competitive, particularly in desirable neighborhoods like Monroe Street, Atwood, or the vibrant Williamson-Marquette area. This sustained demand, fueled by a strong job market anchored by major employers such as the University of Wisconsin-Madison, Epic Systems, and American Family Insurance, contributes to the city's relatively high entry point for homeownership.

Full Madison analysis →

Frequently Asked Questions

Is it cheaper to live in Green Bay or Madison?

Green Bay has a median home price of $281K and average rent of $1,758/mo, while Madison has a median home price of $445K and average rent of $2,781/mo.

Should I rent or buy in Green Bay?

Green Bay has a price-to-rent ratio of 13.3×. This suggests buying may be more cost-effective long-term.

Should I rent or buy in Madison?

Madison has a price-to-rent ratio of 13.3×. This suggests buying may be more cost-effective long-term.

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