Ann Arbor vs Chico
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chico is 10% cheaper for renters. A 2-bedroom rents for $1,059/mo vs $1,170/mo in Ann Arbor — saving $1,332/year.
Rent by Unit Size
| Unit Size | Ann Arbor | Chico | Difference |
|---|---|---|---|
| Studio | $781 | $698 | $83 |
| 1 Bedroom | $945 | $859 | $86 |
| 2 Bedrooms | $1,170 | $1,059 | $111 |
| 3 Bedrooms | $1,486 | $1,354 | $132 |
| 4 Bedrooms | $1,736 | $1,491 | $245 |
| Median Income | $58,245 | $66,884 | $8,639 |
Ann Arbor
- Studio
- $781/mo
- 1 BR
- $945/mo
- 2 BR
- $1,170/mo
- 3 BR
- $1,486/mo
- 4 BR
- $1,736/mo
- Median Income
- $58,245/yr
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/yr
Frequently Asked Questions
Is Ann Arbor or Chico cheaper to rent in?
Chico is cheaper — a 2-bedroom Fair Market Rent is $1,059/mo vs $1,170/mo in Ann Arbor. That's $111/mo or $1,332/year more expensive in Ann Arbor (10% higher).
What is the 2-bedroom rent in Ann Arbor vs Chico?
The HUD Fair Market Rent for a 2-bedroom in Ann Arbor is $1,170/month. In Chico, a 2-bedroom FMR is $1,059/month.
How do incomes compare between Ann Arbor and Chico?
The median household income in Ann Arbor is $58,245/year. In Chico it is $66,884/year. Chico has the higher median income.
What is the studio rent in Ann Arbor vs Chico?
A studio apartment Fair Market Rent in Ann Arbor is $781/mo. In Chico it is $698/mo.