Merced vs Milwaukee-Waukesha
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Milwaukee-Waukesha is 12% cheaper for renters. A 2-bedroom rents for $941/mo vs $1,055/mo in Merced — saving $1,368/year.
Rent by Unit Size
| Unit Size | Merced | Milwaukee-Waukesha | Difference |
|---|---|---|---|
| Studio | $696 | $640 | $56 |
| 1 Bedroom | $865 | $760 | $105 |
| 2 Bedrooms | $1,055 | $941 | $114 |
| 3 Bedrooms | $1,328 | $1,181 | $147 |
| 4 Bedrooms | $1,460 | $1,384 | $76 |
| Median Income | $60,958 | $63,161 | $2,203 |
Merced
- Studio
- $696/mo
- 1 BR
- $865/mo
- 2 BR
- $1,055/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,460/mo
- Median Income
- $60,958/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 Merced or Milwaukee-Waukesha cheaper to rent in?
Milwaukee-Waukesha is cheaper — a 2-bedroom Fair Market Rent is $941/mo vs $1,055/mo in Merced. That's $114/mo or $1,368/year more expensive in Merced (12% higher).
What is the 2-bedroom rent in Merced vs Milwaukee-Waukesha?
The HUD Fair Market Rent for a 2-bedroom in Merced is $1,055/month. In Milwaukee-Waukesha, a 2-bedroom FMR is $941/month.
How do incomes compare between Merced and Milwaukee-Waukesha?
The median household income in Merced is $60,958/year. In Milwaukee-Waukesha it is $63,161/year. Milwaukee-Waukesha has the higher median income.
What is the studio rent in Merced vs Milwaukee-Waukesha?
A studio apartment Fair Market Rent in Merced is $696/mo. In Milwaukee-Waukesha it is $640/mo.