Madison vs Terre Haute
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Terre Haute is 54% cheaper for renters. A 2-bedroom rents for $676/mo vs $1,038/mo in Madison — saving $4,344/year.
Rent by Unit Size
| Unit Size | Madison | Terre Haute | Difference |
|---|---|---|---|
| Studio | $676 | $419 | $257 |
| 1 Bedroom | $827 | $537 | $290 |
| 2 Bedrooms | $1,038 | $676 | $362 |
| 3 Bedrooms | $1,222 | $806 | $416 |
| 4 Bedrooms | $1,400 | $964 | $436 |
| Median Income | $64,691 | $40,500 | $24,191 |
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
Terre Haute
- Studio
- $419/mo
- 1 BR
- $537/mo
- 2 BR
- $676/mo
- 3 BR
- $806/mo
- 4 BR
- $964/mo
- Median Income
- $40,500/yr
Frequently Asked Questions
Is Madison or Terre Haute cheaper to rent in?
Terre Haute is cheaper — a 2-bedroom Fair Market Rent is $676/mo vs $1,038/mo in Madison. That's $362/mo or $4,344/year more expensive in Madison (54% higher).
What is the 2-bedroom rent in Madison vs Terre Haute?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In Terre Haute, a 2-bedroom FMR is $676/month.
How do incomes compare between Madison and Terre Haute?
The median household income in Madison is $64,691/year. In Terre Haute it is $40,500/year. Madison has the higher median income.
What is the studio rent in Madison vs Terre Haute?
A studio apartment Fair Market Rent in Madison is $676/mo. In Terre Haute it is $419/mo.