Akron vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Akron is 26% cheaper for renters. A 2-bedroom rents for $822/mo vs $1,038/mo in Madison — saving $2,592/year.
Rent by Unit Size
| Unit Size | Akron | Madison | Difference |
|---|---|---|---|
| Studio | $552 | $676 | $124 |
| 1 Bedroom | $662 | $827 | $165 |
| 2 Bedrooms | $822 | $1,038 | $216 |
| 3 Bedrooms | $1,025 | $1,222 | $197 |
| 4 Bedrooms | $1,215 | $1,400 | $185 |
| Median Income | $43,989 | $64,691 | $20,702 |
Akron
- Studio
- $552/mo
- 1 BR
- $662/mo
- 2 BR
- $822/mo
- 3 BR
- $1,025/mo
- 4 BR
- $1,215/mo
- Median Income
- $43,989/yr
Madison
- Studio
- $676/mo
- 1 BR
- $827/mo
- 2 BR
- $1,038/mo
- 3 BR
- $1,222/mo
- 4 BR
- $1,400/mo
- Median Income
- $64,691/yr
Frequently Asked Questions
Is Akron or Madison cheaper to rent in?
Akron is cheaper — a 2-bedroom Fair Market Rent is $822/mo vs $1,038/mo in Madison. That's $216/mo or $2,592/year more expensive in Madison (26% higher).
What is the 2-bedroom rent in Akron vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Akron and Madison?
The median household income in Akron is $43,989/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Akron vs Madison?
A studio apartment Fair Market Rent in Akron is $552/mo. In Madison it is $676/mo.