Rent in Madison County, NE at a glance
2-bedroom rent (HUD)
$992$11,904 a year · HUD fiscal year 2026From October 1, 2026: $1,082 (+9.1%)How much rent can you afford in Madison County, NE?
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, NE 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 | $684 | $8,208 | $27,360 | $13.15/hr |
| 1 bedroom | $758 | $9,096 | $30,320 | $14.58/hr |
| 2 bedroomsMost searched | $992 | $11,904 | $39,680 | $19.08/hr |
| 3 bedrooms | $1,285 | $15,420 | $51,400 | $24.71/hr |
| 4 bedrooms | $1,524 | $18,288 | $60,960 | $29.31/hr |
Cost of living in Madison County, NE: income, prices and a budget →
Living and working in Madison County, NE
Rent in Madison County, NE: common questions
How much is rent going up in Madison County, NE in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,082 for a two-bedroom, up 9.1% from $992. A one-bedroom goes from $758 to $866, a studio from $684 to $753.
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, NE?
HUD's Fair Market Rent for 2026 is $758 for a one-bedroom and $992 for a two-bedroom, utilities included. That is $11,904 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, NE?
To keep a $992 two-bedroom at 30% of gross pay, one full-time worker needs $19.08 an hour, or $39,680 a year. A one-bedroom at $758 takes $14.58 an hour.
How much is a 1, 2 or 3-bedroom apartment in Madison County, NE?
At HUD's 2026 Fair Market Rent: studio $684, one bedroom $758, two $992, three $1,285 and four $1,524 a month.
Is rent affordable in Madison County, NE?
For the typical household, earning $63,128 a year ($5,261 a month, Census ACS), a two-bedroom at $992 takes 18.9% 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: ($992 × 12) ÷ 0.30 = $39,680. Divided by 2,080 working hours, that is $19.08 an hour.