Madison vs New Haven-Milford
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 15% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,189/mo in New Haven-Milford — saving $1,812/year.
Rent by Unit Size
| Unit Size | Madison | New Haven-Milford | Difference |
|---|---|---|---|
| Studio | $676 | $808 | $132 |
| 1 Bedroom | $827 | $974 | $147 |
| 2 Bedrooms | $1,038 | $1,189 | $151 |
| 3 Bedrooms | $1,222 | $1,507 | $285 |
| 4 Bedrooms | $1,400 | $1,637 | $237 |
| Median Income | $64,691 | $68,368 | $3,677 |
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
New Haven-Milford
- Studio
- $808/mo
- 1 BR
- $974/mo
- 2 BR
- $1,189/mo
- 3 BR
- $1,507/mo
- 4 BR
- $1,637/mo
- Median Income
- $68,368/yr
Frequently Asked Questions
Is Madison or New Haven-Milford cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,189/mo in New Haven-Milford. That's $151/mo or $1,812/year more expensive in New Haven-Milford (15% higher).
What is the 2-bedroom rent in Madison vs New Haven-Milford?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In New Haven-Milford, a 2-bedroom FMR is $1,189/month.
How do incomes compare between Madison and New Haven-Milford?
The median household income in Madison is $64,691/year. In New Haven-Milford it is $68,368/year. New Haven-Milford has the higher median income.
What is the studio rent in Madison vs New Haven-Milford?
A studio apartment Fair Market Rent in Madison is $676/mo. In New Haven-Milford it is $808/mo.