Madison vs Tallahassee
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Tallahassee is 5% cheaper for renters. A 2-bedroom rents for $989/mo vs $1,038/mo in Madison — saving $588/year.
Rent by Unit Size
| Unit Size | Madison | Tallahassee | Difference |
|---|---|---|---|
| Studio | $676 | $625 | $51 |
| 1 Bedroom | $827 | $784 | $43 |
| 2 Bedrooms | $1,038 | $989 | $49 |
| 3 Bedrooms | $1,222 | $1,193 | $29 |
| 4 Bedrooms | $1,400 | $1,420 | $20 |
| Median Income | $64,691 | $57,994 | $6,697 |
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
Tallahassee
- Studio
- $625/mo
- 1 BR
- $784/mo
- 2 BR
- $989/mo
- 3 BR
- $1,193/mo
- 4 BR
- $1,420/mo
- Median Income
- $57,994/yr
Frequently Asked Questions
Is Madison or Tallahassee cheaper to rent in?
Tallahassee is cheaper — a 2-bedroom Fair Market Rent is $989/mo vs $1,038/mo in Madison. That's $49/mo or $588/year more expensive in Madison (5% higher).
What is the 2-bedroom rent in Madison vs Tallahassee?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In Tallahassee, a 2-bedroom FMR is $989/month.
How do incomes compare between Madison and Tallahassee?
The median household income in Madison is $64,691/year. In Tallahassee it is $57,994/year. Madison has the higher median income.
What is the studio rent in Madison vs Tallahassee?
A studio apartment Fair Market Rent in Madison is $676/mo. In Tallahassee it is $625/mo.