Chicago-Naperville-Elgin vs Great Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Great Falls is 54% cheaper for renters. A 2-bedroom rents for $791/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $5,172/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Great Falls | Difference |
|---|---|---|---|
| Studio | $849 | $519 | $330 |
| 1 Bedroom | $1,023 | $625 | $398 |
| 2 Bedrooms | $1,222 | $791 | $431 |
| 3 Bedrooms | $1,528 | $997 | $531 |
| 4 Bedrooms | $1,886 | $1,047 | $839 |
| Median Income | $79,852 | $41,522 | $38,330 |
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
Great Falls
- Studio
- $519/mo
- 1 BR
- $625/mo
- 2 BR
- $791/mo
- 3 BR
- $997/mo
- 4 BR
- $1,047/mo
- Median Income
- $41,522/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Great Falls cheaper to rent in?
Great Falls is cheaper — a 2-bedroom Fair Market Rent is $791/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $431/mo or $5,172/year more expensive in Chicago-Naperville-Elgin (54% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Great Falls?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Great Falls, a 2-bedroom FMR is $791/month.
How do incomes compare between Chicago-Naperville-Elgin and Great Falls?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Great Falls it is $41,522/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Great Falls?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Great Falls it is $519/mo.