FairRentWize

Chicago-Naperville-Elgin vs Fort Wayne

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Fort Wayne is 57% cheaper for renters. A 2-bedroom rents for $777/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $5,340/year.

Rent by Unit Size

Unit SizeChicago-Naperville-ElginFort WayneDifference
Studio$849$499$350
1 Bedroom$1,023$639$384
2 Bedrooms$1,222$777$445
3 Bedrooms$1,528$969$559
4 Bedrooms$1,886$1,175$711
Median Income$79,852$47,806$32,046

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
Full Chicago-Naperville-Elgin profile →

Fort Wayne

Studio
$499/mo
1 BR
$639/mo
2 BR
$777/mo
3 BR
$969/mo
4 BR
$1,175/mo
Median Income
$47,806/yr
Full Fort Wayne profile →

Frequently Asked Questions

Is Chicago-Naperville-Elgin or Fort Wayne cheaper to rent in?
Fort Wayne is cheaper — a 2-bedroom Fair Market Rent is $777/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $445/mo or $5,340/year more expensive in Chicago-Naperville-Elgin (57% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Fort Wayne?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Fort Wayne, a 2-bedroom FMR is $777/month.
How do incomes compare between Chicago-Naperville-Elgin and Fort Wayne?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Fort Wayne it is $47,806/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Fort Wayne?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Fort Wayne it is $499/mo.