Milwaukee-Waukesha vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Milwaukee-Waukesha is 144% cheaper for renters. A 2-bedroom rents for $941/mo vs $2,293/mo in New York-Newark-Jersey City — saving $16,224/year.
Rent by Unit Size
| Unit Size | Milwaukee-Waukesha | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $640 | $1,531 | $891 |
| 1 Bedroom | $760 | $1,813 | $1,053 |
| 2 Bedrooms | $941 | $2,293 | $1,352 |
| 3 Bedrooms | $1,181 | $2,674 | $1,493 |
| 4 Bedrooms | $1,384 | $3,167 | $1,783 |
| Median Income | $63,161 | $124,777 | $61,616 |
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
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Milwaukee-Waukesha or New York-Newark-Jersey City cheaper to rent in?
Milwaukee-Waukesha is cheaper — a 2-bedroom Fair Market Rent is $941/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,352/mo or $16,224/year more expensive in New York-Newark-Jersey City (144% higher).
What is the 2-bedroom rent in Milwaukee-Waukesha vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Milwaukee-Waukesha is $941/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Milwaukee-Waukesha and New York-Newark-Jersey City?
The median household income in Milwaukee-Waukesha is $63,161/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Milwaukee-Waukesha vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Milwaukee-Waukesha is $640/mo. In New York-Newark-Jersey City it is $1,531/mo.