Cape Coral-Fort Myers vs Chicago-Naperville-Elgin
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cape Coral-Fort Myers is 4% cheaper for renters. A 2-bedroom rents for $1,171/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $612/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Chicago-Naperville-Elgin | Difference |
|---|---|---|---|
| Studio | $802 | $849 | $47 |
| 1 Bedroom | $985 | $1,023 | $38 |
| 2 Bedrooms | $1,171 | $1,222 | $51 |
| 3 Bedrooms | $1,479 | $1,528 | $49 |
| 4 Bedrooms | $1,690 | $1,886 | $196 |
| Median Income | $72,521 | $79,852 | $7,331 |
Cape Coral-Fort Myers
- Studio
- $802/mo
- 1 BR
- $985/mo
- 2 BR
- $1,171/mo
- 3 BR
- $1,479/mo
- 4 BR
- $1,690/mo
- Median Income
- $72,521/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 Cape Coral-Fort Myers or Chicago-Naperville-Elgin cheaper to rent in?
Cape Coral-Fort Myers is cheaper — a 2-bedroom Fair Market Rent is $1,171/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $51/mo or $612/year more expensive in Chicago-Naperville-Elgin (4% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Chicago-Naperville-Elgin?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Chicago-Naperville-Elgin, a 2-bedroom FMR is $1,222/month.
How do incomes compare between Cape Coral-Fort Myers and Chicago-Naperville-Elgin?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Chicago-Naperville-Elgin it is $79,852/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Chicago-Naperville-Elgin?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Chicago-Naperville-Elgin it is $849/mo.