Charlotte-Concord-Gastonia vs Chicago-Naperville-Elgin
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Charlotte-Concord-Gastonia is 13% cheaper for renters. A 2-bedroom rents for $1,084/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $1,656/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Chicago-Naperville-Elgin | Difference |
|---|---|---|---|
| Studio | $724 | $849 | $125 |
| 1 Bedroom | $881 | $1,023 | $142 |
| 2 Bedrooms | $1,084 | $1,222 | $138 |
| 3 Bedrooms | $1,328 | $1,528 | $200 |
| 4 Bedrooms | $1,555 | $1,886 | $331 |
| Median Income | $63,227 | $79,852 | $16,625 |
Charlotte-Concord-Gastonia
- Studio
- $724/mo
- 1 BR
- $881/mo
- 2 BR
- $1,084/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,555/mo
- Median Income
- $63,227/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 Charlotte-Concord-Gastonia or Chicago-Naperville-Elgin cheaper to rent in?
Charlotte-Concord-Gastonia is cheaper — a 2-bedroom Fair Market Rent is $1,084/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $138/mo or $1,656/year more expensive in Chicago-Naperville-Elgin (13% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Chicago-Naperville-Elgin?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Chicago-Naperville-Elgin, a 2-bedroom FMR is $1,222/month.
How do incomes compare between Charlotte-Concord-Gastonia and Chicago-Naperville-Elgin?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Chicago-Naperville-Elgin it is $79,852/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Chicago-Naperville-Elgin?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Chicago-Naperville-Elgin it is $849/mo.