Bismarck vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Bismarck is 27% cheaper for renters. A 2-bedroom rents for $817/mo vs $1,038/mo in Madison — saving $2,652/year.
Rent by Unit Size
| Unit Size | Bismarck | Madison | Difference |
|---|---|---|---|
| Studio | $555 | $676 | $121 |
| 1 Bedroom | $667 | $827 | $160 |
| 2 Bedrooms | $817 | $1,038 | $221 |
| 3 Bedrooms | $1,020 | $1,222 | $202 |
| 4 Bedrooms | $1,141 | $1,400 | $259 |
| Median Income | $52,444 | $64,691 | $12,247 |
Bismarck
- Studio
- $555/mo
- 1 BR
- $667/mo
- 2 BR
- $817/mo
- 3 BR
- $1,020/mo
- 4 BR
- $1,141/mo
- Median Income
- $52,444/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 Bismarck or Madison cheaper to rent in?
Bismarck is cheaper — a 2-bedroom Fair Market Rent is $817/mo vs $1,038/mo in Madison. That's $221/mo or $2,652/year more expensive in Madison (27% higher).
What is the 2-bedroom rent in Bismarck vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Bismarck is $817/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Bismarck and Madison?
The median household income in Bismarck is $52,444/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Bismarck vs Madison?
A studio apartment Fair Market Rent in Bismarck is $555/mo. In Madison it is $676/mo.