Charlottesville vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 4% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,075/mo in Charlottesville — saving $444/year.
Rent by Unit Size
| Unit Size | Charlottesville | Madison | Difference |
|---|---|---|---|
| Studio | $700 | $676 | $24 |
| 1 Bedroom | $878 | $827 | $51 |
| 2 Bedrooms | $1,075 | $1,038 | $37 |
| 3 Bedrooms | $1,404 | $1,222 | $182 |
| 4 Bedrooms | $1,498 | $1,400 | $98 |
| Median Income | $70,871 | $64,691 | $6,180 |
Charlottesville
- Studio
- $700/mo
- 1 BR
- $878/mo
- 2 BR
- $1,075/mo
- 3 BR
- $1,404/mo
- 4 BR
- $1,498/mo
- Median Income
- $70,871/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 Charlottesville or Madison cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,075/mo in Charlottesville. That's $37/mo or $444/year more expensive in Charlottesville (4% higher).
What is the 2-bedroom rent in Charlottesville vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Charlottesville is $1,075/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Charlottesville and Madison?
The median household income in Charlottesville is $70,871/year. In Madison it is $64,691/year. Charlottesville has the higher median income.
What is the studio rent in Charlottesville vs Madison?
A studio apartment Fair Market Rent in Charlottesville is $700/mo. In Madison it is $676/mo.