Chicago-Naperville-Elgin vs Chico
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chico is 15% cheaper for renters. A 2-bedroom rents for $1,059/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $1,956/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Chico | Difference |
|---|---|---|---|
| Studio | $849 | $698 | $151 |
| 1 Bedroom | $1,023 | $859 | $164 |
| 2 Bedrooms | $1,222 | $1,059 | $163 |
| 3 Bedrooms | $1,528 | $1,354 | $174 |
| 4 Bedrooms | $1,886 | $1,491 | $395 |
| Median Income | $79,852 | $66,884 | $12,968 |
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
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 Chicago-Naperville-Elgin or Chico cheaper to rent in?
Chico is cheaper — a 2-bedroom Fair Market Rent is $1,059/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $163/mo or $1,956/year more expensive in Chicago-Naperville-Elgin (15% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Chico?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Chico, a 2-bedroom FMR is $1,059/month.
How do incomes compare between Chicago-Naperville-Elgin and Chico?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Chico it is $66,884/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Chico?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Chico it is $698/mo.