Lake Charles vs Milwaukee-Waukesha
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lake Charles is 28% cheaper for renters. A 2-bedroom rents for $735/mo vs $941/mo in Milwaukee-Waukesha — saving $2,472/year.
Rent by Unit Size
| Unit Size | Lake Charles | Milwaukee-Waukesha | Difference |
|---|---|---|---|
| Studio | $490 | $640 | $150 |
| 1 Bedroom | $592 | $760 | $168 |
| 2 Bedrooms | $735 | $941 | $206 |
| 3 Bedrooms | $930 | $1,181 | $251 |
| 4 Bedrooms | $984 | $1,384 | $400 |
| Median Income | $45,479 | $63,161 | $17,682 |
Lake Charles
- Studio
- $490/mo
- 1 BR
- $592/mo
- 2 BR
- $735/mo
- 3 BR
- $930/mo
- 4 BR
- $984/mo
- Median Income
- $45,479/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 Lake Charles or Milwaukee-Waukesha cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $941/mo in Milwaukee-Waukesha. That's $206/mo or $2,472/year more expensive in Milwaukee-Waukesha (28% higher).
What is the 2-bedroom rent in Lake Charles vs Milwaukee-Waukesha?
The HUD Fair Market Rent for a 2-bedroom in Lake Charles is $735/month. In Milwaukee-Waukesha, a 2-bedroom FMR is $941/month.
How do incomes compare between Lake Charles and Milwaukee-Waukesha?
The median household income in Lake Charles is $45,479/year. In Milwaukee-Waukesha it is $63,161/year. Milwaukee-Waukesha has the higher median income.
What is the studio rent in Lake Charles vs Milwaukee-Waukesha?
A studio apartment Fair Market Rent in Lake Charles is $490/mo. In Milwaukee-Waukesha it is $640/mo.