Milwaukee-Waukesha vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 31% cheaper for renters. A 2-bedroom rents for $720/mo vs $941/mo in Milwaukee-Waukesha — saving $2,652/year.
Rent by Unit Size
| Unit Size | Milwaukee-Waukesha | Springfield | Difference |
|---|---|---|---|
| Studio | $640 | $490 | $150 |
| 1 Bedroom | $760 | $583 | $177 |
| 2 Bedrooms | $941 | $720 | $221 |
| 3 Bedrooms | $1,181 | $925 | $256 |
| 4 Bedrooms | $1,384 | $987 | $397 |
| Median Income | $63,161 | $37,539 | $25,622 |
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
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 Milwaukee-Waukesha or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $941/mo in Milwaukee-Waukesha. That's $221/mo or $2,652/year more expensive in Milwaukee-Waukesha (31% higher).
What is the 2-bedroom rent in Milwaukee-Waukesha vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Milwaukee-Waukesha is $941/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Milwaukee-Waukesha and Springfield?
The median household income in Milwaukee-Waukesha is $63,161/year. In Springfield it is $37,539/year. Milwaukee-Waukesha has the higher median income.
What is the studio rent in Milwaukee-Waukesha vs Springfield?
A studio apartment Fair Market Rent in Milwaukee-Waukesha is $640/mo. In Springfield it is $490/mo.