Erie vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Erie is 55% cheaper for renters. A 2-bedroom rents for $668/mo vs $1,038/mo in Madison — saving $4,440/year.
Rent by Unit Size
| Unit Size | Erie | Madison | Difference |
|---|---|---|---|
| Studio | $457 | $676 | $219 |
| 1 Bedroom | $553 | $827 | $274 |
| 2 Bedrooms | $668 | $1,038 | $370 |
| 3 Bedrooms | $861 | $1,222 | $361 |
| 4 Bedrooms | $985 | $1,400 | $415 |
| Median Income | $45,773 | $64,691 | $18,918 |
Erie
- Studio
- $457/mo
- 1 BR
- $553/mo
- 2 BR
- $668/mo
- 3 BR
- $861/mo
- 4 BR
- $985/mo
- Median Income
- $45,773/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 Erie or Madison cheaper to rent in?
Erie is cheaper — a 2-bedroom Fair Market Rent is $668/mo vs $1,038/mo in Madison. That's $370/mo or $4,440/year more expensive in Madison (55% higher).
What is the 2-bedroom rent in Erie vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Erie is $668/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Erie and Madison?
The median household income in Erie is $45,773/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Erie vs Madison?
A studio apartment Fair Market Rent in Erie is $457/mo. In Madison it is $676/mo.