Chicago-Naperville-Elgin vs Denver-Aurora-Lakewood
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chicago-Naperville-Elgin is 16% cheaper for renters. A 2-bedroom rents for $1,222/mo vs $1,421/mo in Denver-Aurora-Lakewood — saving $2,388/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Denver-Aurora-Lakewood | Difference |
|---|---|---|---|
| Studio | $849 | $944 | $95 |
| 1 Bedroom | $1,023 | $1,123 | $100 |
| 2 Bedrooms | $1,222 | $1,421 | $199 |
| 3 Bedrooms | $1,528 | $1,665 | $137 |
| 4 Bedrooms | $1,886 | $2,036 | $150 |
| Median Income | $79,852 | $86,704 | $6,852 |
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
Denver-Aurora-Lakewood
- Studio
- $944/mo
- 1 BR
- $1,123/mo
- 2 BR
- $1,421/mo
- 3 BR
- $1,665/mo
- 4 BR
- $2,036/mo
- Median Income
- $86,704/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Denver-Aurora-Lakewood cheaper to rent in?
Chicago-Naperville-Elgin is cheaper — a 2-bedroom Fair Market Rent is $1,222/mo vs $1,421/mo in Denver-Aurora-Lakewood. That's $199/mo or $2,388/year more expensive in Denver-Aurora-Lakewood (16% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Denver-Aurora-Lakewood?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Denver-Aurora-Lakewood, a 2-bedroom FMR is $1,421/month.
How do incomes compare between Chicago-Naperville-Elgin and Denver-Aurora-Lakewood?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Denver-Aurora-Lakewood it is $86,704/year. Denver-Aurora-Lakewood has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Denver-Aurora-Lakewood?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Denver-Aurora-Lakewood it is $944/mo.