Madison vs Roanoke
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Roanoke is 29% cheaper for renters. A 2-bedroom rents for $803/mo vs $1,038/mo in Madison — saving $2,820/year.
Rent by Unit Size
| Unit Size | Madison | Roanoke | Difference |
|---|---|---|---|
| Studio | $676 | $518 | $158 |
| 1 Bedroom | $827 | $643 | $184 |
| 2 Bedrooms | $1,038 | $803 | $235 |
| 3 Bedrooms | $1,222 | $980 | $242 |
| 4 Bedrooms | $1,400 | $1,168 | $232 |
| Median Income | $64,691 | $51,099 | $13,592 |
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
Roanoke
- Studio
- $518/mo
- 1 BR
- $643/mo
- 2 BR
- $803/mo
- 3 BR
- $980/mo
- 4 BR
- $1,168/mo
- Median Income
- $51,099/yr
Frequently Asked Questions
Is Madison or Roanoke cheaper to rent in?
Roanoke is cheaper — a 2-bedroom Fair Market Rent is $803/mo vs $1,038/mo in Madison. That's $235/mo or $2,820/year more expensive in Madison (29% higher).
What is the 2-bedroom rent in Madison vs Roanoke?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In Roanoke, a 2-bedroom FMR is $803/month.
How do incomes compare between Madison and Roanoke?
The median household income in Madison is $64,691/year. In Roanoke it is $51,099/year. Madison has the higher median income.
What is the studio rent in Madison vs Roanoke?
A studio apartment Fair Market Rent in Madison is $676/mo. In Roanoke it is $518/mo.