Milwaukee-Waukesha vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Milwaukee-Waukesha is 28% cheaper for renters. A 2-bedroom rents for $941/mo vs $1,208/mo in Reno — saving $3,204/year.
Rent by Unit Size
| Unit Size | Milwaukee-Waukesha | Reno | Difference |
|---|---|---|---|
| Studio | $640 | $773 | $133 |
| 1 Bedroom | $760 | $946 | $186 |
| 2 Bedrooms | $941 | $1,208 | $267 |
| 3 Bedrooms | $1,181 | $1,422 | $241 |
| 4 Bedrooms | $1,384 | $1,636 | $252 |
| Median Income | $63,161 | $59,858 | $3,303 |
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
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/yr
Frequently Asked Questions
Is Milwaukee-Waukesha or Reno cheaper to rent in?
Milwaukee-Waukesha is cheaper — a 2-bedroom Fair Market Rent is $941/mo vs $1,208/mo in Reno. That's $267/mo or $3,204/year more expensive in Reno (28% higher).
What is the 2-bedroom rent in Milwaukee-Waukesha vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Milwaukee-Waukesha is $941/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Milwaukee-Waukesha and Reno?
The median household income in Milwaukee-Waukesha is $63,161/year. In Reno it is $59,858/year. Milwaukee-Waukesha has the higher median income.
What is the studio rent in Milwaukee-Waukesha vs Reno?
A studio apartment Fair Market Rent in Milwaukee-Waukesha is $640/mo. In Reno it is $773/mo.