Madison vs Ocala
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Ocala is 22% cheaper for renters. A 2-bedroom rents for $850/mo vs $1,038/mo in Madison — saving $2,256/year.
Rent by Unit Size
| Unit Size | Madison | Ocala | Difference |
|---|---|---|---|
| Studio | $676 | $584 | $92 |
| 1 Bedroom | $827 | $712 | $115 |
| 2 Bedrooms | $1,038 | $850 | $188 |
| 3 Bedrooms | $1,222 | $1,069 | $153 |
| 4 Bedrooms | $1,400 | $1,312 | $88 |
| Median Income | $64,691 | $54,036 | $10,655 |
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
Ocala
- Studio
- $584/mo
- 1 BR
- $712/mo
- 2 BR
- $850/mo
- 3 BR
- $1,069/mo
- 4 BR
- $1,312/mo
- Median Income
- $54,036/yr
Frequently Asked Questions
Is Madison or Ocala cheaper to rent in?
Ocala is cheaper — a 2-bedroom Fair Market Rent is $850/mo vs $1,038/mo in Madison. That's $188/mo or $2,256/year more expensive in Madison (22% higher).
What is the 2-bedroom rent in Madison vs Ocala?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In Ocala, a 2-bedroom FMR is $850/month.
How do incomes compare between Madison and Ocala?
The median household income in Madison is $64,691/year. In Ocala it is $54,036/year. Madison has the higher median income.
What is the studio rent in Madison vs Ocala?
A studio apartment Fair Market Rent in Madison is $676/mo. In Ocala it is $584/mo.