Madison vs Providence-Warwick
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 8% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,122/mo in Providence-Warwick — saving $1,008/year.
Rent by Unit Size
| Unit Size | Madison | Providence-Warwick | Difference |
|---|---|---|---|
| Studio | $676 | $784 | $108 |
| 1 Bedroom | $827 | $946 | $119 |
| 2 Bedrooms | $1,038 | $1,122 | $84 |
| 3 Bedrooms | $1,222 | $1,429 | $207 |
| 4 Bedrooms | $1,400 | $1,663 | $263 |
| Median Income | $64,691 | $69,693 | $5,002 |
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
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/yr
Frequently Asked Questions
Is Madison or Providence-Warwick cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,122/mo in Providence-Warwick. That's $84/mo or $1,008/year more expensive in Providence-Warwick (8% higher).
What is the 2-bedroom rent in Madison vs Providence-Warwick?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In Providence-Warwick, a 2-bedroom FMR is $1,122/month.
How do incomes compare between Madison and Providence-Warwick?
The median household income in Madison is $64,691/year. In Providence-Warwick it is $69,693/year. Providence-Warwick has the higher median income.
What is the studio rent in Madison vs Providence-Warwick?
A studio apartment Fair Market Rent in Madison is $676/mo. In Providence-Warwick it is $784/mo.