Racine vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 10% cheaper for renters. A 2-bedroom rents for $720/mo vs $794/mo in Racine — saving $888/year.
Rent by Unit Size
| Unit Size | Racine | Springfield | Difference |
|---|---|---|---|
| Studio | $508 | $490 | $18 |
| 1 Bedroom | $641 | $583 | $58 |
| 2 Bedrooms | $794 | $720 | $74 |
| 3 Bedrooms | $1,002 | $925 | $77 |
| 4 Bedrooms | $1,141 | $987 | $154 |
| Median Income | $42,267 | $37,539 | $4,728 |
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
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 Racine or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $794/mo in Racine. That's $74/mo or $888/year more expensive in Racine (10% higher).
What is the 2-bedroom rent in Racine vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Racine is $794/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Racine and Springfield?
The median household income in Racine is $42,267/year. In Springfield it is $37,539/year. Racine has the higher median income.
What is the studio rent in Racine vs Springfield?
A studio apartment Fair Market Rent in Racine is $508/mo. In Springfield it is $490/mo.