Albany vs Milwaukee-Waukesha
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 63% cheaper for renters. A 2-bedroom rents for $577/mo vs $941/mo in Milwaukee-Waukesha — saving $4,368/year.
Rent by Unit Size
| Unit Size | Albany | Milwaukee-Waukesha | Difference |
|---|---|---|---|
| Studio | $407 | $640 | $233 |
| 1 Bedroom | $488 | $760 | $272 |
| 2 Bedrooms | $577 | $941 | $364 |
| 3 Bedrooms | $748 | $1,181 | $433 |
| 4 Bedrooms | $841 | $1,384 | $543 |
| Median Income | $39,279 | $63,161 | $23,882 |
Albany
- Studio
- $407/mo
- 1 BR
- $488/mo
- 2 BR
- $577/mo
- 3 BR
- $748/mo
- 4 BR
- $841/mo
- Median Income
- $39,279/yr
Milwaukee-Waukesha
- Studio
- $640/mo
- 1 BR
- $760/mo
- 2 BR
- $941/mo
- 3 BR
- $1,181/mo
- 4 BR
- $1,384/mo
- Median Income
- $63,161/yr
Frequently Asked Questions
Is Albany or Milwaukee-Waukesha cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $941/mo in Milwaukee-Waukesha. That's $364/mo or $4,368/year more expensive in Milwaukee-Waukesha (63% higher).
What is the 2-bedroom rent in Albany vs Milwaukee-Waukesha?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Milwaukee-Waukesha, a 2-bedroom FMR is $941/month.
How do incomes compare between Albany and Milwaukee-Waukesha?
The median household income in Albany is $39,279/year. In Milwaukee-Waukesha it is $63,161/year. Milwaukee-Waukesha has the higher median income.
What is the studio rent in Albany vs Milwaukee-Waukesha?
A studio apartment Fair Market Rent in Albany is $407/mo. In Milwaukee-Waukesha it is $640/mo.