Lafayette vs Milwaukee-Waukesha
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 27% cheaper for renters. A 2-bedroom rents for $741/mo vs $941/mo in Milwaukee-Waukesha — saving $2,400/year.
Rent by Unit Size
| Unit Size | Lafayette | Milwaukee-Waukesha | Difference |
|---|---|---|---|
| Studio | $502 | $640 | $138 |
| 1 Bedroom | $626 | $760 | $134 |
| 2 Bedrooms | $741 | $941 | $200 |
| 3 Bedrooms | $958 | $1,181 | $223 |
| 4 Bedrooms | $1,134 | $1,384 | $250 |
| Median Income | $38,989 | $63,161 | $24,172 |
Lafayette
- Studio
- $502/mo
- 1 BR
- $626/mo
- 2 BR
- $741/mo
- 3 BR
- $958/mo
- 4 BR
- $1,134/mo
- Median Income
- $38,989/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 Lafayette or Milwaukee-Waukesha cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $941/mo in Milwaukee-Waukesha. That's $200/mo or $2,400/year more expensive in Milwaukee-Waukesha (27% higher).
What is the 2-bedroom rent in Lafayette vs Milwaukee-Waukesha?
The HUD Fair Market Rent for a 2-bedroom in Lafayette is $741/month. In Milwaukee-Waukesha, a 2-bedroom FMR is $941/month.
How do incomes compare between Lafayette and Milwaukee-Waukesha?
The median household income in Lafayette is $38,989/year. In Milwaukee-Waukesha it is $63,161/year. Milwaukee-Waukesha has the higher median income.
What is the studio rent in Lafayette vs Milwaukee-Waukesha?
A studio apartment Fair Market Rent in Lafayette is $502/mo. In Milwaukee-Waukesha it is $640/mo.