Lynchburg vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lynchburg is 44% cheaper for renters. A 2-bedroom rents for $721/mo vs $1,038/mo in Madison — saving $3,804/year.
Rent by Unit Size
| Unit Size | Lynchburg | Madison | Difference |
|---|---|---|---|
| Studio | $494 | $676 | $182 |
| 1 Bedroom | $589 | $827 | $238 |
| 2 Bedrooms | $721 | $1,038 | $317 |
| 3 Bedrooms | $933 | $1,222 | $289 |
| 4 Bedrooms | $1,024 | $1,400 | $376 |
| Median Income | $37,857 | $64,691 | $26,834 |
Lynchburg
- Studio
- $494/mo
- 1 BR
- $589/mo
- 2 BR
- $721/mo
- 3 BR
- $933/mo
- 4 BR
- $1,024/mo
- Median Income
- $37,857/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 Lynchburg or Madison cheaper to rent in?
Lynchburg is cheaper — a 2-bedroom Fair Market Rent is $721/mo vs $1,038/mo in Madison. That's $317/mo or $3,804/year more expensive in Madison (44% higher).
What is the 2-bedroom rent in Lynchburg vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Lynchburg is $721/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Lynchburg and Madison?
The median household income in Lynchburg is $37,857/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Lynchburg vs Madison?
A studio apartment Fair Market Rent in Lynchburg is $494/mo. In Madison it is $676/mo.