Lincoln vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 16% cheaper for renters. A 2-bedroom rents for $720/mo vs $835/mo in Lincoln — saving $1,380/year.
Rent by Unit Size
| Unit Size | Lincoln | Springfield | Difference |
|---|---|---|---|
| Studio | $561 | $490 | $71 |
| 1 Bedroom | $685 | $583 | $102 |
| 2 Bedrooms | $835 | $720 | $115 |
| 3 Bedrooms | $1,007 | $925 | $82 |
| 4 Bedrooms | $1,216 | $987 | $229 |
| Median Income | $40,210 | $37,539 | $2,671 |
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
Springfield
- Studio
- $490/mo
- 1 BR
- $583/mo
- 2 BR
- $720/mo
- 3 BR
- $925/mo
- 4 BR
- $987/mo
- Median Income
- $37,539/yr
Frequently Asked Questions
Is Lincoln or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $835/mo in Lincoln. That's $115/mo or $1,380/year more expensive in Lincoln (16% higher).
What is the 2-bedroom rent in Lincoln vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Lincoln is $835/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Lincoln and Springfield?
The median household income in Lincoln is $40,210/year. In Springfield it is $37,539/year. Lincoln has the higher median income.
What is the studio rent in Lincoln vs Springfield?
A studio apartment Fair Market Rent in Lincoln is $561/mo. In Springfield it is $490/mo.