Chicago-Naperville-Elgin vs Gainesville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Gainesville is 21% cheaper for renters. A 2-bedroom rents for $1,011/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $2,532/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Gainesville | Difference |
|---|---|---|---|
| Studio | $849 | $680 | $169 |
| 1 Bedroom | $1,023 | $802 | $221 |
| 2 Bedrooms | $1,222 | $1,011 | $211 |
| 3 Bedrooms | $1,528 | $1,236 | $292 |
| 4 Bedrooms | $1,886 | $1,426 | $460 |
| Median Income | $79,852 | $47,354 | $32,498 |
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
Gainesville
- Studio
- $680/mo
- 1 BR
- $802/mo
- 2 BR
- $1,011/mo
- 3 BR
- $1,236/mo
- 4 BR
- $1,426/mo
- Median Income
- $47,354/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Gainesville cheaper to rent in?
Gainesville is cheaper — a 2-bedroom Fair Market Rent is $1,011/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $211/mo or $2,532/year more expensive in Chicago-Naperville-Elgin (21% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Gainesville?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Gainesville, a 2-bedroom FMR is $1,011/month.
How do incomes compare between Chicago-Naperville-Elgin and Gainesville?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Gainesville it is $47,354/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Gainesville?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Gainesville it is $680/mo.