Madison vs Phoenix-Mesa-Chandler
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 12% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,158/mo in Phoenix-Mesa-Chandler — saving $1,440/year.
Rent by Unit Size
| Unit Size | Madison | Phoenix-Mesa-Chandler | Difference |
|---|---|---|---|
| Studio | $676 | $752 | $76 |
| 1 Bedroom | $827 | $943 | $116 |
| 2 Bedrooms | $1,038 | $1,158 | $120 |
| 3 Bedrooms | $1,222 | $1,495 | $273 |
| 4 Bedrooms | $1,400 | $1,715 | $315 |
| Median Income | $64,691 | $62,754 | $1,937 |
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
Phoenix-Mesa-Chandler
- Studio
- $752/mo
- 1 BR
- $943/mo
- 2 BR
- $1,158/mo
- 3 BR
- $1,495/mo
- 4 BR
- $1,715/mo
- Median Income
- $62,754/yr
Frequently Asked Questions
Is Madison or Phoenix-Mesa-Chandler cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,158/mo in Phoenix-Mesa-Chandler. That's $120/mo or $1,440/year more expensive in Phoenix-Mesa-Chandler (12% higher).
What is the 2-bedroom rent in Madison vs Phoenix-Mesa-Chandler?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In Phoenix-Mesa-Chandler, a 2-bedroom FMR is $1,158/month.
How do incomes compare between Madison and Phoenix-Mesa-Chandler?
The median household income in Madison is $64,691/year. In Phoenix-Mesa-Chandler it is $62,754/year. Madison has the higher median income.
What is the studio rent in Madison vs Phoenix-Mesa-Chandler?
A studio apartment Fair Market Rent in Madison is $676/mo. In Phoenix-Mesa-Chandler it is $752/mo.