Charlottesville vs Chicago-Naperville-Elgin
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Charlottesville is 14% cheaper for renters. A 2-bedroom rents for $1,075/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $1,764/year.
Rent by Unit Size
| Unit Size | Charlottesville | Chicago-Naperville-Elgin | Difference |
|---|---|---|---|
| Studio | $700 | $849 | $149 |
| 1 Bedroom | $878 | $1,023 | $145 |
| 2 Bedrooms | $1,075 | $1,222 | $147 |
| 3 Bedrooms | $1,404 | $1,528 | $124 |
| 4 Bedrooms | $1,498 | $1,886 | $388 |
| Median Income | $70,871 | $79,852 | $8,981 |
Charlottesville
- Studio
- $700/mo
- 1 BR
- $878/mo
- 2 BR
- $1,075/mo
- 3 BR
- $1,404/mo
- 4 BR
- $1,498/mo
- Median Income
- $70,871/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 Charlottesville or Chicago-Naperville-Elgin cheaper to rent in?
Charlottesville is cheaper — a 2-bedroom Fair Market Rent is $1,075/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $147/mo or $1,764/year more expensive in Chicago-Naperville-Elgin (14% higher).
What is the 2-bedroom rent in Charlottesville vs Chicago-Naperville-Elgin?
The HUD Fair Market Rent for a 2-bedroom in Charlottesville is $1,075/month. In Chicago-Naperville-Elgin, a 2-bedroom FMR is $1,222/month.
How do incomes compare between Charlottesville and Chicago-Naperville-Elgin?
The median household income in Charlottesville is $70,871/year. In Chicago-Naperville-Elgin it is $79,852/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Charlottesville vs Chicago-Naperville-Elgin?
A studio apartment Fair Market Rent in Charlottesville is $700/mo. In Chicago-Naperville-Elgin it is $849/mo.