Asheville vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 7% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,106/mo in Asheville — saving $816/year.
Rent by Unit Size
| Unit Size | Asheville | Madison | Difference |
|---|---|---|---|
| Studio | $689 | $676 | $13 |
| 1 Bedroom | $875 | $827 | $48 |
| 2 Bedrooms | $1,106 | $1,038 | $68 |
| 3 Bedrooms | $1,316 | $1,222 | $94 |
| 4 Bedrooms | $1,577 | $1,400 | $177 |
| Median Income | $64,400 | $64,691 | $291 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/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 Asheville or Madison cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,106/mo in Asheville. That's $68/mo or $816/year more expensive in Asheville (7% higher).
What is the 2-bedroom rent in Asheville vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Asheville and Madison?
The median household income in Asheville is $64,400/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Asheville vs Madison?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Madison it is $676/mo.