Chicago-Naperville-Elgin vs Hanford-Corcoran
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Hanford-Corcoran is 40% cheaper for renters. A 2-bedroom rents for $871/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $4,212/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Hanford-Corcoran | Difference |
|---|---|---|---|
| Studio | $849 | $578 | $271 |
| 1 Bedroom | $1,023 | $702 | $321 |
| 2 Bedrooms | $1,222 | $871 | $351 |
| 3 Bedrooms | $1,528 | $1,106 | $422 |
| 4 Bedrooms | $1,886 | $1,179 | $707 |
| Median Income | $79,852 | $53,765 | $26,087 |
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
Hanford-Corcoran
- Studio
- $578/mo
- 1 BR
- $702/mo
- 2 BR
- $871/mo
- 3 BR
- $1,106/mo
- 4 BR
- $1,179/mo
- Median Income
- $53,765/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Hanford-Corcoran cheaper to rent in?
Hanford-Corcoran is cheaper — a 2-bedroom Fair Market Rent is $871/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $351/mo or $4,212/year more expensive in Chicago-Naperville-Elgin (40% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Hanford-Corcoran?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Hanford-Corcoran, a 2-bedroom FMR is $871/month.
How do incomes compare between Chicago-Naperville-Elgin and Hanford-Corcoran?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Hanford-Corcoran it is $53,765/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Hanford-Corcoran?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Hanford-Corcoran it is $578/mo.