Evansville vs Milwaukee-Waukesha
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 36% cheaper for renters. A 2-bedroom rents for $694/mo vs $941/mo in Milwaukee-Waukesha — saving $2,964/year.
Rent by Unit Size
| Unit Size | Evansville | Milwaukee-Waukesha | Difference |
|---|---|---|---|
| Studio | $442 | $640 | $198 |
| 1 Bedroom | $564 | $760 | $196 |
| 2 Bedrooms | $694 | $941 | $247 |
| 3 Bedrooms | $844 | $1,181 | $337 |
| 4 Bedrooms | $981 | $1,384 | $403 |
| Median Income | $35,376 | $63,161 | $27,785 |
Evansville
- Studio
- $442/mo
- 1 BR
- $564/mo
- 2 BR
- $694/mo
- 3 BR
- $844/mo
- 4 BR
- $981/mo
- Median Income
- $35,376/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 Evansville or Milwaukee-Waukesha cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $941/mo in Milwaukee-Waukesha. That's $247/mo or $2,964/year more expensive in Milwaukee-Waukesha (36% higher).
What is the 2-bedroom rent in Evansville vs Milwaukee-Waukesha?
The HUD Fair Market Rent for a 2-bedroom in Evansville is $694/month. In Milwaukee-Waukesha, a 2-bedroom FMR is $941/month.
How do incomes compare between Evansville and Milwaukee-Waukesha?
The median household income in Evansville is $35,376/year. In Milwaukee-Waukesha it is $63,161/year. Milwaukee-Waukesha has the higher median income.
What is the studio rent in Evansville vs Milwaukee-Waukesha?
A studio apartment Fair Market Rent in Evansville is $442/mo. In Milwaukee-Waukesha it is $640/mo.