Racine vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Racine is 43% cheaper for renters. A 2-bedroom rents for $794/mo vs $1,137/mo in Salem — saving $4,116/year.
Rent by Unit Size
| Unit Size | Racine | Salem | Difference |
|---|---|---|---|
| Studio | $508 | $741 | $233 |
| 1 Bedroom | $641 | $913 | $272 |
| 2 Bedrooms | $794 | $1,137 | $343 |
| 3 Bedrooms | $1,002 | $1,411 | $409 |
| 4 Bedrooms | $1,141 | $1,615 | $474 |
| Median Income | $42,267 | $53,953 | $11,686 |
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
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Racine or Salem cheaper to rent in?
Racine is cheaper — a 2-bedroom Fair Market Rent is $794/mo vs $1,137/mo in Salem. That's $343/mo or $4,116/year more expensive in Salem (43% higher).
What is the 2-bedroom rent in Racine vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Racine is $794/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Racine and Salem?
The median household income in Racine is $42,267/year. In Salem it is $53,953/year. Salem has the higher median income.
What is the studio rent in Racine vs Salem?
A studio apartment Fair Market Rent in Racine is $508/mo. In Salem it is $741/mo.