Milwaukee-Waukesha vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 22% cheaper for renters. A 2-bedroom rents for $769/mo vs $941/mo in Milwaukee-Waukesha — saving $2,064/year.
Rent by Unit Size
| Unit Size | Milwaukee-Waukesha | Toledo | Difference |
|---|---|---|---|
| Studio | $640 | $521 | $119 |
| 1 Bedroom | $760 | $622 | $138 |
| 2 Bedrooms | $941 | $769 | $172 |
| 3 Bedrooms | $1,181 | $990 | $191 |
| 4 Bedrooms | $1,384 | $1,150 | $234 |
| Median Income | $63,161 | $44,170 | $18,991 |
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
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Milwaukee-Waukesha or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $941/mo in Milwaukee-Waukesha. That's $172/mo or $2,064/year more expensive in Milwaukee-Waukesha (22% higher).
What is the 2-bedroom rent in Milwaukee-Waukesha vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Milwaukee-Waukesha is $941/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Milwaukee-Waukesha and Toledo?
The median household income in Milwaukee-Waukesha is $63,161/year. In Toledo it is $44,170/year. Milwaukee-Waukesha has the higher median income.
What is the studio rent in Milwaukee-Waukesha vs Toledo?
A studio apartment Fair Market Rent in Milwaukee-Waukesha is $640/mo. In Toledo it is $521/mo.