Madison vs Olympia-Lacey-Tumwater
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 13% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,178/mo in Olympia-Lacey-Tumwater — saving $1,680/year.
Rent by Unit Size
| Unit Size | Madison | Olympia-Lacey-Tumwater | Difference |
|---|---|---|---|
| Studio | $676 | $769 | $93 |
| 1 Bedroom | $827 | $945 | $118 |
| 2 Bedrooms | $1,038 | $1,178 | $140 |
| 3 Bedrooms | $1,222 | $1,376 | $154 |
| 4 Bedrooms | $1,400 | $1,633 | $233 |
| Median Income | $64,691 | $67,966 | $3,275 |
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
Olympia-Lacey-Tumwater
- Studio
- $769/mo
- 1 BR
- $945/mo
- 2 BR
- $1,178/mo
- 3 BR
- $1,376/mo
- 4 BR
- $1,633/mo
- Median Income
- $67,966/yr
Frequently Asked Questions
Is Madison or Olympia-Lacey-Tumwater cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,178/mo in Olympia-Lacey-Tumwater. That's $140/mo or $1,680/year more expensive in Olympia-Lacey-Tumwater (13% higher).
What is the 2-bedroom rent in Madison vs Olympia-Lacey-Tumwater?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In Olympia-Lacey-Tumwater, a 2-bedroom FMR is $1,178/month.
How do incomes compare between Madison and Olympia-Lacey-Tumwater?
The median household income in Madison is $64,691/year. In Olympia-Lacey-Tumwater it is $67,966/year. Olympia-Lacey-Tumwater has the higher median income.
What is the studio rent in Madison vs Olympia-Lacey-Tumwater?
A studio apartment Fair Market Rent in Madison is $676/mo. In Olympia-Lacey-Tumwater it is $769/mo.