Rent in Madison County, ID

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,159 for a two-bedroom, up 4.9% from $1,105. A one-bedroom goes from $1,008 to $1,065, a studio from $963 to $1,022.

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.

HUD's Fair Market Rent for 2026 is $1,008 for a one-bedroom and $1,105 for a two-bedroom, utilities included. That is $13,260 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.

To keep a $1,105 two-bedroom at 30% of gross pay, one full-time worker needs $21.25 an hour, or $44,200 a year. A one-bedroom at $1,008 takes $19.38 an hour.

At HUD's 2026 Fair Market Rent: studio $963, one bedroom $1,008, two $1,105, three $1,537 and four $1,797 a month.

For the typical household, earning $60,160 a year ($5,013 a month, Census ACS), a two-bedroom at $1,105 takes 22% of income. Under 30% is the usual line for affordable; this is under it.

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,105 × 12) ÷ 0.30 = $44,200. Divided by 2,080 working hours, that is $21.25 an hour.