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%)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.
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.
| Size | A month | A year | Income needed | Hourly 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 →
Living and working in Madison County, FL
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.
