Concord vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 5% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,088/mo in Concord — saving $600/year.
Rent by Unit Size
| Unit Size | Concord | Madison | Difference |
|---|---|---|---|
| Studio | $755 | $676 | $79 |
| 1 Bedroom | $912 | $827 | $85 |
| 2 Bedrooms | $1,088 | $1,038 | $50 |
| 3 Bedrooms | $1,418 | $1,222 | $196 |
| 4 Bedrooms | $1,586 | $1,400 | $186 |
| Median Income | $53,649 | $64,691 | $11,042 |
Concord
- Studio
- $755/mo
- 1 BR
- $912/mo
- 2 BR
- $1,088/mo
- 3 BR
- $1,418/mo
- 4 BR
- $1,586/mo
- Median Income
- $53,649/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 Concord or Madison cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,088/mo in Concord. That's $50/mo or $600/year more expensive in Concord (5% higher).
What is the 2-bedroom rent in Concord vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Concord and Madison?
The median household income in Concord is $53,649/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Concord vs Madison?
A studio apartment Fair Market Rent in Concord is $755/mo. In Madison it is $676/mo.