Cleveland-Elyria vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cleveland-Elyria is 23% cheaper for renters. A 2-bedroom rents for $844/mo vs $1,038/mo in Madison — saving $2,328/year.
Rent by Unit Size
| Unit Size | Cleveland-Elyria | Madison | Difference |
|---|---|---|---|
| Studio | $566 | $676 | $110 |
| 1 Bedroom | $677 | $827 | $150 |
| 2 Bedrooms | $844 | $1,038 | $194 |
| 3 Bedrooms | $1,081 | $1,222 | $141 |
| 4 Bedrooms | $1,197 | $1,400 | $203 |
| Median Income | $59,020 | $64,691 | $5,671 |
Cleveland-Elyria
- Studio
- $566/mo
- 1 BR
- $677/mo
- 2 BR
- $844/mo
- 3 BR
- $1,081/mo
- 4 BR
- $1,197/mo
- Median Income
- $59,020/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 Cleveland-Elyria or Madison cheaper to rent in?
Cleveland-Elyria is cheaper — a 2-bedroom Fair Market Rent is $844/mo vs $1,038/mo in Madison. That's $194/mo or $2,328/year more expensive in Madison (23% higher).
What is the 2-bedroom rent in Cleveland-Elyria vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Cleveland-Elyria is $844/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Cleveland-Elyria and Madison?
The median household income in Cleveland-Elyria is $59,020/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Cleveland-Elyria vs Madison?
A studio apartment Fair Market Rent in Cleveland-Elyria is $566/mo. In Madison it is $676/mo.