Madison vs Missoula
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 4% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,081/mo in Missoula — saving $516/year.
Rent by Unit Size
| Unit Size | Madison | Missoula | Difference |
|---|---|---|---|
| Studio | $676 | $762 | $86 |
| 1 Bedroom | $827 | $909 | $82 |
| 2 Bedrooms | $1,038 | $1,081 | $43 |
| 3 Bedrooms | $1,222 | $1,423 | $201 |
| 4 Bedrooms | $1,400 | $1,651 | $251 |
| Median Income | $64,691 | $73,596 | $8,905 |
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
Missoula
- Studio
- $762/mo
- 1 BR
- $909/mo
- 2 BR
- $1,081/mo
- 3 BR
- $1,423/mo
- 4 BR
- $1,651/mo
- Median Income
- $73,596/yr
Frequently Asked Questions
Is Madison or Missoula cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,081/mo in Missoula. That's $43/mo or $516/year more expensive in Missoula (4% higher).
What is the 2-bedroom rent in Madison vs Missoula?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In Missoula, a 2-bedroom FMR is $1,081/month.
How do incomes compare between Madison and Missoula?
The median household income in Madison is $64,691/year. In Missoula it is $73,596/year. Missoula has the higher median income.
What is the studio rent in Madison vs Missoula?
A studio apartment Fair Market Rent in Madison is $676/mo. In Missoula it is $762/mo.