El Paso vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 20% cheaper for renters. A 2-bedroom rents for $868/mo vs $1,038/mo in Madison — saving $2,040/year.
Rent by Unit Size
| Unit Size | El Paso | Madison | Difference |
|---|---|---|---|
| Studio | $557 | $676 | $119 |
| 1 Bedroom | $685 | $827 | $142 |
| 2 Bedrooms | $868 | $1,038 | $170 |
| 3 Bedrooms | $1,052 | $1,222 | $170 |
| 4 Bedrooms | $1,194 | $1,400 | $206 |
| Median Income | $45,964 | $64,691 | $18,727 |
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/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 El Paso or Madison cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $1,038/mo in Madison. That's $170/mo or $2,040/year more expensive in Madison (20% higher).
What is the 2-bedroom rent in El Paso vs Madison?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between El Paso and Madison?
The median household income in El Paso is $45,964/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in El Paso vs Madison?
A studio apartment Fair Market Rent in El Paso is $557/mo. In Madison it is $676/mo.