Charleston-North Charleston vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 12% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,159/mo in Charleston-North Charleston — saving $1,452/year.
Rent by Unit Size
| Unit Size | Charleston-North Charleston | Madison | Difference |
|---|---|---|---|
| Studio | $766 | $676 | $90 |
| 1 Bedroom | $923 | $827 | $96 |
| 2 Bedrooms | $1,159 | $1,038 | $121 |
| 3 Bedrooms | $1,459 | $1,222 | $237 |
| 4 Bedrooms | $1,529 | $1,400 | $129 |
| Median Income | $57,454 | $64,691 | $7,237 |
Charleston-North Charleston
- Studio
- $766/mo
- 1 BR
- $923/mo
- 2 BR
- $1,159/mo
- 3 BR
- $1,459/mo
- 4 BR
- $1,529/mo
- Median Income
- $57,454/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 Charleston-North Charleston or Madison cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,159/mo in Charleston-North Charleston. That's $121/mo or $1,452/year more expensive in Charleston-North Charleston (12% higher).
What is the 2-bedroom rent in Charleston-North Charleston vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Charleston-North Charleston is $1,159/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Charleston-North Charleston and Madison?
The median household income in Charleston-North Charleston is $57,454/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Charleston-North Charleston vs Madison?
A studio apartment Fair Market Rent in Charleston-North Charleston is $766/mo. In Madison it is $676/mo.