Florida · HUD FY2026 Fair Market Rents · Updated

Rent in Madison County, FL

HUD puts rent for a two-bedroom in Madison County, FL at $1,086 a month for 2026, and a one-bedroom at $969. Keeping the two-bedroom under 30% of income takes $20.88 an hour full time, or $43,440 a year. The typical household there would spend 26.9% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $978 (down 9.9%).

Rent in Madison County, FL at a glance

2-bedroom rent (HUD)

$1,086$13,032 a year · HUD fiscal year 2026From October 1, 2026: $978 (−9.9%)
Studio$873$17/hr needed
1 bedroom$969$19/hr needed
Wage a 2-bedroom takes$20.88an hour, 40 hours a week
3 bedrooms$1,400$27/hr needed

How much rent can you afford in Madison County, FL?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,086Monthly market rent
Share of gross income26.9%Recommended max: 30%
Annual income needed$43,440To meet the 30% standard
Max affordable rent$1,212At 30% of $48,485
0%30% (Affordability standard)100%
Compare against:

Rent in Madison County, FL by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Madison County, FL, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$873$10,476$34,920$16.79/hr
1 bedroom$969$11,628$38,760$18.63/hr
2 bedroomsMost searched$1,086$13,032$43,440$20.88/hr
3 bedrooms$1,400$16,800$56,000$26.92/hr
4 bedrooms$1,543$18,516$61,720$29.67/hr

Cost of living in Madison County, FL: income, prices and a budget →

Rent in Madison County, FL: common questions

How much is rent going down in Madison County, FL in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $978 for a two-bedroom, down 9.9% from $1,086. A one-bedroom goes from $969 to $873, a studio from $873 to $786.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Madison County, FL?

HUD's Fair Market Rent for 2026 is $969 for a one-bedroom and $1,086 for a two-bedroom, utilities included. That is $13,032 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Madison County, FL?

To keep a $1,086 two-bedroom at 30% of gross pay, one full-time worker needs $20.88 an hour, or $43,440 a year. A one-bedroom at $969 takes $18.63 an hour.

How much is a 1, 2 or 3-bedroom apartment in Madison County, FL?

At HUD's 2026 Fair Market Rent: studio $873, one bedroom $969, two $1,086, three $1,400 and four $1,543 a month.

Is rent affordable in Madison County, FL?

For the typical household, earning $48,485 a year ($4,040 a month, Census ACS), a two-bedroom at $1,086 takes 26.9% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,086 × 12) ÷ 0.30 = $43,440. Divided by 2,080 working hours, that is $20.88 an hour.