Lincoln vs Providence-Warwick
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lincoln is 34% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,122/mo in Providence-Warwick — saving $3,444/year.
Rent by Unit Size
| Unit Size | Lincoln | Providence-Warwick | Difference |
|---|---|---|---|
| Studio | $561 | $784 | $223 |
| 1 Bedroom | $685 | $946 | $261 |
| 2 Bedrooms | $835 | $1,122 | $287 |
| 3 Bedrooms | $1,007 | $1,429 | $422 |
| 4 Bedrooms | $1,216 | $1,663 | $447 |
| Median Income | $40,210 | $69,693 | $29,483 |
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
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/yr
Frequently Asked Questions
Is Lincoln or Providence-Warwick cheaper to rent in?
Lincoln is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,122/mo in Providence-Warwick. That's $287/mo or $3,444/year more expensive in Providence-Warwick (34% higher).
What is the 2-bedroom rent in Lincoln vs Providence-Warwick?
The HUD Fair Market Rent for a 2-bedroom in Lincoln is $835/month. In Providence-Warwick, a 2-bedroom FMR is $1,122/month.
How do incomes compare between Lincoln and Providence-Warwick?
The median household income in Lincoln is $40,210/year. In Providence-Warwick it is $69,693/year. Providence-Warwick has the higher median income.
What is the studio rent in Lincoln vs Providence-Warwick?
A studio apartment Fair Market Rent in Lincoln is $561/mo. In Providence-Warwick it is $784/mo.