Boulder vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 34% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,393/mo in Boulder — saving $4,260/year.
Rent by Unit Size
| Unit Size | Boulder | Madison | Difference |
|---|---|---|---|
| Studio | $912 | $676 | $236 |
| 1 Bedroom | $1,165 | $827 | $338 |
| 2 Bedrooms | $1,393 | $1,038 | $355 |
| 3 Bedrooms | $1,797 | $1,222 | $575 |
| 4 Bedrooms | $2,079 | $1,400 | $679 |
| Median Income | $78,256 | $64,691 | $13,565 |
Boulder
- Studio
- $912/mo
- 1 BR
- $1,165/mo
- 2 BR
- $1,393/mo
- 3 BR
- $1,797/mo
- 4 BR
- $2,079/mo
- Median Income
- $78,256/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 Boulder or Madison cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,393/mo in Boulder. That's $355/mo or $4,260/year more expensive in Boulder (34% higher).
What is the 2-bedroom rent in Boulder vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Boulder is $1,393/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Boulder and Madison?
The median household income in Boulder is $78,256/year. In Madison it is $64,691/year. Boulder has the higher median income.
What is the studio rent in Boulder vs Madison?
A studio apartment Fair Market Rent in Boulder is $912/mo. In Madison it is $676/mo.