Fort Wayne vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fort Wayne is 34% cheaper for renters. A 2-bedroom rents for $777/mo vs $1,038/mo in Madison — saving $3,132/year.
Rent by Unit Size
| Unit Size | Fort Wayne | Madison | Difference |
|---|---|---|---|
| Studio | $499 | $676 | $177 |
| 1 Bedroom | $639 | $827 | $188 |
| 2 Bedrooms | $777 | $1,038 | $261 |
| 3 Bedrooms | $969 | $1,222 | $253 |
| 4 Bedrooms | $1,175 | $1,400 | $225 |
| Median Income | $47,806 | $64,691 | $16,885 |
Fort Wayne
- Studio
- $499/mo
- 1 BR
- $639/mo
- 2 BR
- $777/mo
- 3 BR
- $969/mo
- 4 BR
- $1,175/mo
- Median Income
- $47,806/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 Fort Wayne or Madison cheaper to rent in?
Fort Wayne is cheaper — a 2-bedroom Fair Market Rent is $777/mo vs $1,038/mo in Madison. That's $261/mo or $3,132/year more expensive in Madison (34% higher).
What is the 2-bedroom rent in Fort Wayne vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Fort Wayne is $777/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Fort Wayne and Madison?
The median household income in Fort Wayne is $47,806/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Fort Wayne vs Madison?
A studio apartment Fair Market Rent in Fort Wayne is $499/mo. In Madison it is $676/mo.