Asheville vs Chicago-Naperville-Elgin
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Asheville is 10% cheaper for renters. A 2-bedroom rents for $1,106/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $1,392/year.
Rent by Unit Size
| Unit Size | Asheville | Chicago-Naperville-Elgin | Difference |
|---|---|---|---|
| Studio | $689 | $849 | $160 |
| 1 Bedroom | $875 | $1,023 | $148 |
| 2 Bedrooms | $1,106 | $1,222 | $116 |
| 3 Bedrooms | $1,316 | $1,528 | $212 |
| 4 Bedrooms | $1,577 | $1,886 | $309 |
| Median Income | $64,400 | $79,852 | $15,452 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/yr
Chicago-Naperville-Elgin
- Studio
- $849/mo
- 1 BR
- $1,023/mo
- 2 BR
- $1,222/mo
- 3 BR
- $1,528/mo
- 4 BR
- $1,886/mo
- Median Income
- $79,852/yr
Frequently Asked Questions
Is Asheville or Chicago-Naperville-Elgin cheaper to rent in?
Asheville is cheaper — a 2-bedroom Fair Market Rent is $1,106/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $116/mo or $1,392/year more expensive in Chicago-Naperville-Elgin (10% higher).
What is the 2-bedroom rent in Asheville vs Chicago-Naperville-Elgin?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Chicago-Naperville-Elgin, a 2-bedroom FMR is $1,222/month.
How do incomes compare between Asheville and Chicago-Naperville-Elgin?
The median household income in Asheville is $64,400/year. In Chicago-Naperville-Elgin it is $79,852/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Asheville vs Chicago-Naperville-Elgin?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Chicago-Naperville-Elgin it is $849/mo.