Madera vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madera is 10% cheaper for renters. A 2-bedroom rents for $960/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville — saving $1,164/year.
Rent by Unit Size
| Unit Size | Madera | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $646 | $712 | $66 |
| 1 Bedroom | $763 | $871 | $108 |
| 2 Bedrooms | $960 | $1,057 | $97 |
| 3 Bedrooms | $1,195 | $1,335 | $140 |
| 4 Bedrooms | $1,347 | $1,531 | $184 |
| Median Income | $57,586 | $62,156 | $4,570 |
Madera
- Studio
- $646/mo
- 1 BR
- $763/mo
- 2 BR
- $960/mo
- 3 BR
- $1,195/mo
- 4 BR
- $1,347/mo
- Median Income
- $57,586/yr
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Frequently Asked Questions
Is Madera or Palm Bay-Melbourne-Titusville cheaper to rent in?
Madera is cheaper — a 2-bedroom Fair Market Rent is $960/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $97/mo or $1,164/year more expensive in Palm Bay-Melbourne-Titusville (10% higher).
What is the 2-bedroom rent in Madera vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in Madera is $960/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between Madera and Palm Bay-Melbourne-Titusville?
The median household income in Madera is $57,586/year. In Palm Bay-Melbourne-Titusville it is $62,156/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Madera vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in Madera is $646/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.