Milwaukee-Waukesha vs Racine
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Racine is 19% cheaper for renters. A 2-bedroom rents for $794/mo vs $941/mo in Milwaukee-Waukesha — saving $1,764/year.
Rent by Unit Size
| Unit Size | Milwaukee-Waukesha | Racine | Difference |
|---|---|---|---|
| Studio | $640 | $508 | $132 |
| 1 Bedroom | $760 | $641 | $119 |
| 2 Bedrooms | $941 | $794 | $147 |
| 3 Bedrooms | $1,181 | $1,002 | $179 |
| 4 Bedrooms | $1,384 | $1,141 | $243 |
| Median Income | $63,161 | $42,267 | $20,894 |
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
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/yr
Frequently Asked Questions
Is Milwaukee-Waukesha or Racine cheaper to rent in?
Racine is cheaper — a 2-bedroom Fair Market Rent is $794/mo vs $941/mo in Milwaukee-Waukesha. That's $147/mo or $1,764/year more expensive in Milwaukee-Waukesha (19% higher).
What is the 2-bedroom rent in Milwaukee-Waukesha vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Milwaukee-Waukesha is $941/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Milwaukee-Waukesha and Racine?
The median household income in Milwaukee-Waukesha is $63,161/year. In Racine it is $42,267/year. Milwaukee-Waukesha has the higher median income.
What is the studio rent in Milwaukee-Waukesha vs Racine?
A studio apartment Fair Market Rent in Milwaukee-Waukesha is $640/mo. In Racine it is $508/mo.