Lake Charles vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lake Charles is 41% cheaper for renters. A 2-bedroom rents for $735/mo vs $1,038/mo in Madison — saving $3,636/year.
Rent by Unit Size
| Unit Size | Lake Charles | Madison | Difference |
|---|---|---|---|
| Studio | $490 | $676 | $186 |
| 1 Bedroom | $592 | $827 | $235 |
| 2 Bedrooms | $735 | $1,038 | $303 |
| 3 Bedrooms | $930 | $1,222 | $292 |
| 4 Bedrooms | $984 | $1,400 | $416 |
| Median Income | $45,479 | $64,691 | $19,212 |
Lake Charles
- Studio
- $490/mo
- 1 BR
- $592/mo
- 2 BR
- $735/mo
- 3 BR
- $930/mo
- 4 BR
- $984/mo
- Median Income
- $45,479/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 Lake Charles or Madison cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $1,038/mo in Madison. That's $303/mo or $3,636/year more expensive in Madison (41% higher).
What is the 2-bedroom rent in Lake Charles vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Lake Charles is $735/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Lake Charles and Madison?
The median household income in Lake Charles is $45,479/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Lake Charles vs Madison?
A studio apartment Fair Market Rent in Lake Charles is $490/mo. In Madison it is $676/mo.