Lincoln vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lincoln is 24% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,038/mo in Madison — saving $2,436/year.
Rent by Unit Size
| Unit Size | Lincoln | Madison | Difference |
|---|---|---|---|
| Studio | $561 | $676 | $115 |
| 1 Bedroom | $685 | $827 | $142 |
| 2 Bedrooms | $835 | $1,038 | $203 |
| 3 Bedrooms | $1,007 | $1,222 | $215 |
| 4 Bedrooms | $1,216 | $1,400 | $184 |
| Median Income | $40,210 | $64,691 | $24,481 |
Lincoln
- Studio
- $561/mo
- 1 BR
- $685/mo
- 2 BR
- $835/mo
- 3 BR
- $1,007/mo
- 4 BR
- $1,216/mo
- Median Income
- $40,210/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 Lincoln or Madison cheaper to rent in?
Lincoln is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,038/mo in Madison. That's $203/mo or $2,436/year more expensive in Madison (24% higher).
What is the 2-bedroom rent in Lincoln vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Lincoln is $835/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Lincoln and Madison?
The median household income in Lincoln is $40,210/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Lincoln vs Madison?
A studio apartment Fair Market Rent in Lincoln is $561/mo. In Madison it is $676/mo.