Louisville-Jefferson County vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Louisville-Jefferson County 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 | Louisville-Jefferson County | Madison | Difference |
|---|---|---|---|
| Studio | $555 | $676 | $121 |
| 1 Bedroom | $707 | $827 | $120 |
| 2 Bedrooms | $835 | $1,038 | $203 |
| 3 Bedrooms | $1,082 | $1,222 | $140 |
| 4 Bedrooms | $1,307 | $1,400 | $93 |
| Median Income | $52,763 | $64,691 | $11,928 |
Louisville-Jefferson County
- Studio
- $555/mo
- 1 BR
- $707/mo
- 2 BR
- $835/mo
- 3 BR
- $1,082/mo
- 4 BR
- $1,307/mo
- Median Income
- $52,763/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 Louisville-Jefferson County or Madison cheaper to rent in?
Louisville-Jefferson County 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 Louisville-Jefferson County vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Louisville-Jefferson County is $835/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Louisville-Jefferson County and Madison?
The median household income in Louisville-Jefferson County is $52,763/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Louisville-Jefferson County vs Madison?
A studio apartment Fair Market Rent in Louisville-Jefferson County is $555/mo. In Madison it is $676/mo.