Lincoln vs Milwaukee-Waukesha
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lincoln is 13% cheaper for renters. A 2-bedroom rents for $835/mo vs $941/mo in Milwaukee-Waukesha — saving $1,272/year.
Rent by Unit Size
| Unit Size | Lincoln | Milwaukee-Waukesha | Difference |
|---|---|---|---|
| Studio | $561 | $640 | $79 |
| 1 Bedroom | $685 | $760 | $75 |
| 2 Bedrooms | $835 | $941 | $106 |
| 3 Bedrooms | $1,007 | $1,181 | $174 |
| 4 Bedrooms | $1,216 | $1,384 | $168 |
| Median Income | $40,210 | $63,161 | $22,951 |
Lincoln
- Studio
- $561/mo
- 1 BR
- $685/mo
- 2 BR
- $835/mo
- 3 BR
- $1,007/mo
- 4 BR
- $1,216/mo
- Median Income
- $40,210/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 Lincoln or Milwaukee-Waukesha cheaper to rent in?
Lincoln is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $941/mo in Milwaukee-Waukesha. That's $106/mo or $1,272/year more expensive in Milwaukee-Waukesha (13% higher).
What is the 2-bedroom rent in Lincoln vs Milwaukee-Waukesha?
The HUD Fair Market Rent for a 2-bedroom in Lincoln is $835/month. In Milwaukee-Waukesha, a 2-bedroom FMR is $941/month.
How do incomes compare between Lincoln and Milwaukee-Waukesha?
The median household income in Lincoln is $40,210/year. In Milwaukee-Waukesha it is $63,161/year. Milwaukee-Waukesha has the higher median income.
What is the studio rent in Lincoln vs Milwaukee-Waukesha?
A studio apartment Fair Market Rent in Lincoln is $561/mo. In Milwaukee-Waukesha it is $640/mo.