Chicago-Naperville-Elgin vs Erie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Erie is 83% cheaper for renters. A 2-bedroom rents for $668/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $6,648/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Erie | Difference |
|---|---|---|---|
| Studio | $849 | $457 | $392 |
| 1 Bedroom | $1,023 | $553 | $470 |
| 2 Bedrooms | $1,222 | $668 | $554 |
| 3 Bedrooms | $1,528 | $861 | $667 |
| 4 Bedrooms | $1,886 | $985 | $901 |
| Median Income | $79,852 | $45,773 | $34,079 |
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
Erie
- Studio
- $457/mo
- 1 BR
- $553/mo
- 2 BR
- $668/mo
- 3 BR
- $861/mo
- 4 BR
- $985/mo
- Median Income
- $45,773/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Erie cheaper to rent in?
Erie is cheaper — a 2-bedroom Fair Market Rent is $668/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $554/mo or $6,648/year more expensive in Chicago-Naperville-Elgin (83% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Erie?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Erie, a 2-bedroom FMR is $668/month.
How do incomes compare between Chicago-Naperville-Elgin and Erie?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Erie it is $45,773/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Erie?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Erie it is $457/mo.