Madison vs Portland-South Portland
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 10% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,145/mo in Portland-South Portland — saving $1,284/year.
Rent by Unit Size
| Unit Size | Madison | Portland-South Portland | Difference |
|---|---|---|---|
| Studio | $676 | $765 | $89 |
| 1 Bedroom | $827 | $906 | $79 |
| 2 Bedrooms | $1,038 | $1,145 | $107 |
| 3 Bedrooms | $1,222 | $1,402 | $180 |
| 4 Bedrooms | $1,400 | $1,638 | $238 |
| Median Income | $64,691 | $58,824 | $5,867 |
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
Portland-South Portland
- Studio
- $765/mo
- 1 BR
- $906/mo
- 2 BR
- $1,145/mo
- 3 BR
- $1,402/mo
- 4 BR
- $1,638/mo
- Median Income
- $58,824/yr
Frequently Asked Questions
Is Madison or Portland-South Portland cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,145/mo in Portland-South Portland. That's $107/mo or $1,284/year more expensive in Portland-South Portland (10% higher).
What is the 2-bedroom rent in Madison vs Portland-South Portland?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In Portland-South Portland, a 2-bedroom FMR is $1,145/month.
How do incomes compare between Madison and Portland-South Portland?
The median household income in Madison is $64,691/year. In Portland-South Portland it is $58,824/year. Madison has the higher median income.
What is the studio rent in Madison vs Portland-South Portland?
A studio apartment Fair Market Rent in Madison is $676/mo. In Portland-South Portland it is $765/mo.