Honolulu vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 87% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,937/mo in Honolulu — saving $10,788/year.
Rent by Unit Size
| Unit Size | Honolulu | Madison | Difference |
|---|---|---|---|
| Studio | $1,256 | $676 | $580 |
| 1 Bedroom | $1,543 | $827 | $716 |
| 2 Bedrooms | $1,937 | $1,038 | $899 |
| 3 Bedrooms | $2,397 | $1,222 | $1,175 |
| 4 Bedrooms | $2,745 | $1,400 | $1,345 |
| Median Income | $116,677 | $64,691 | $51,986 |
Honolulu
- Studio
- $1,256/mo
- 1 BR
- $1,543/mo
- 2 BR
- $1,937/mo
- 3 BR
- $2,397/mo
- 4 BR
- $2,745/mo
- Median Income
- $116,677/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 Honolulu or Madison cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,937/mo in Honolulu. That's $899/mo or $10,788/year more expensive in Honolulu (87% higher).
What is the 2-bedroom rent in Honolulu vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Honolulu is $1,937/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Honolulu and Madison?
The median household income in Honolulu is $116,677/year. In Madison it is $64,691/year. Honolulu has the higher median income.
What is the studio rent in Honolulu vs Madison?
A studio apartment Fair Market Rent in Honolulu is $1,256/mo. In Madison it is $676/mo.