Madison vs Provo-Orem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madison is 8% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,125/mo in Provo-Orem — saving $1,044/year.
Rent by Unit Size
| Unit Size | Madison | Provo-Orem | Difference |
|---|---|---|---|
| Studio | $676 | $707 | $31 |
| 1 Bedroom | $827 | $881 | $54 |
| 2 Bedrooms | $1,038 | $1,125 | $87 |
| 3 Bedrooms | $1,222 | $1,330 | $108 |
| 4 Bedrooms | $1,400 | $1,544 | $144 |
| Median Income | $64,691 | $72,225 | $7,534 |
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
Provo-Orem
- Studio
- $707/mo
- 1 BR
- $881/mo
- 2 BR
- $1,125/mo
- 3 BR
- $1,330/mo
- 4 BR
- $1,544/mo
- Median Income
- $72,225/yr
Frequently Asked Questions
Is Madison or Provo-Orem cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,125/mo in Provo-Orem. That's $87/mo or $1,044/year more expensive in Provo-Orem (8% higher).
What is the 2-bedroom rent in Madison vs Provo-Orem?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In Provo-Orem, a 2-bedroom FMR is $1,125/month.
How do incomes compare between Madison and Provo-Orem?
The median household income in Madison is $64,691/year. In Provo-Orem it is $72,225/year. Provo-Orem has the higher median income.
What is the studio rent in Madison vs Provo-Orem?
A studio apartment Fair Market Rent in Madison is $676/mo. In Provo-Orem it is $707/mo.