Bangor vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Bangor is 34% cheaper for renters. A 2-bedroom rents for $774/mo vs $1,038/mo in Madison — saving $3,168/year.
Rent by Unit Size
| Unit Size | Bangor | Madison | Difference |
|---|---|---|---|
| Studio | $510 | $676 | $166 |
| 1 Bedroom | $653 | $827 | $174 |
| 2 Bedrooms | $774 | $1,038 | $264 |
| 3 Bedrooms | $996 | $1,222 | $226 |
| 4 Bedrooms | $1,108 | $1,400 | $292 |
| Median Income | $53,743 | $64,691 | $10,948 |
Bangor
- Studio
- $510/mo
- 1 BR
- $653/mo
- 2 BR
- $774/mo
- 3 BR
- $996/mo
- 4 BR
- $1,108/mo
- Median Income
- $53,743/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 Bangor or Madison cheaper to rent in?
Bangor is cheaper — a 2-bedroom Fair Market Rent is $774/mo vs $1,038/mo in Madison. That's $264/mo or $3,168/year more expensive in Madison (34% higher).
What is the 2-bedroom rent in Bangor vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Bangor is $774/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Bangor and Madison?
The median household income in Bangor is $53,743/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Bangor vs Madison?
A studio apartment Fair Market Rent in Bangor is $510/mo. In Madison it is $676/mo.