Rent in Madison, WI HUD Metro FMR Area
The Fair Market Rent (FMR) for a two-bedroom home in Madison, WI HUD Metro FMR Area is $1,694/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.
Quick answer: A two-bedroom in Madison, WI HUD Metro FMR Area has an FMR of $1,694/month (FY2026). That is 74% above the national median of $974. Madison, WI HUD Metro FMR Area ranks #170 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).
Fair Market Rent by bedroom size, Madison, WI HUD Metro FMR Area
| Unit size | Fair Market Rent / month |
|---|---|
| Studio / efficiency | $1,268 |
| 1 bedroom | $1,482 |
| 2 bedrooms | $1,694 |
| 3 bedrooms | $2,236 |
| 4 bedrooms | $2,509 |
Nearby on the rent ranking
- Amador County, CA$1,698/mo
- Hillsborough County, NH (part) HUD Metro FMR Area$1,698/mo
- Albany, OR MSA$1,695/mo
- Flathead County, MT$1,691/mo
- Eugene-Springfield, OR MSA$1,688/mo
- Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area$1,686/mo
Frequently asked questions
- How much is rent in Madison, WI HUD Metro FMR Area?
- The Fair Market Rent (FMR) for a two-bedroom unit in Madison, WI HUD Metro FMR Area is $1,694 per month for HUD fiscal year 2026. A one-bedroom is $1,482 and a three-bedroom is $2,236 per month.
- What is the studio and one-bedroom Fair Market Rent in Madison, WI HUD Metro FMR Area?
- For FY2026, HUD's efficiency/studio FMR in Madison, WI HUD Metro FMR Area is $1,268 per month and the one-bedroom FMR is $1,482 per month.
- How is the Fair Market Rent for Madison, WI HUD Metro FMR Area calculated?
- HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
- What are Fair Market Rents used for in Madison, WI HUD Metro FMR Area?
- FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Madison, WI HUD Metro FMR Area. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
- How does rent in Madison, WI HUD Metro FMR Area compare nationally?
- Madison, WI HUD Metro FMR Area ranks #170 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.
Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.