Laredo vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 49% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,038/mo in Madison — saving $4,080/year.
Rent by Unit Size
| Unit Size | Laredo | Madison | Difference |
|---|---|---|---|
| Studio | $463 | $676 | $213 |
| 1 Bedroom | $552 | $827 | $275 |
| 2 Bedrooms | $698 | $1,038 | $340 |
| 3 Bedrooms | $851 | $1,222 | $371 |
| 4 Bedrooms | $966 | $1,400 | $434 |
| Median Income | $40,343 | $64,691 | $24,348 |
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/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 Laredo or Madison cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,038/mo in Madison. That's $340/mo or $4,080/year more expensive in Madison (49% higher).
What is the 2-bedroom rent in Laredo vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Laredo and Madison?
The median household income in Laredo is $40,343/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Laredo vs Madison?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Madison it is $676/mo.