Chicago-Naperville-Elgin vs Lakeland-Winter Haven
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lakeland-Winter Haven is 21% cheaper for renters. A 2-bedroom rents for $1,013/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $2,508/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Lakeland-Winter Haven | Difference |
|---|---|---|---|
| Studio | $849 | $664 | $185 |
| 1 Bedroom | $1,023 | $793 | $230 |
| 2 Bedrooms | $1,222 | $1,013 | $209 |
| 3 Bedrooms | $1,528 | $1,178 | $350 |
| 4 Bedrooms | $1,886 | $1,395 | $491 |
| Median Income | $79,852 | $55,009 | $24,843 |
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
Lakeland-Winter Haven
- Studio
- $664/mo
- 1 BR
- $793/mo
- 2 BR
- $1,013/mo
- 3 BR
- $1,178/mo
- 4 BR
- $1,395/mo
- Median Income
- $55,009/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Lakeland-Winter Haven cheaper to rent in?
Lakeland-Winter Haven is cheaper — a 2-bedroom Fair Market Rent is $1,013/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $209/mo or $2,508/year more expensive in Chicago-Naperville-Elgin (21% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Lakeland-Winter Haven?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Lakeland-Winter Haven, a 2-bedroom FMR is $1,013/month.
How do incomes compare between Chicago-Naperville-Elgin and Lakeland-Winter Haven?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Lakeland-Winter Haven it is $55,009/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Lakeland-Winter Haven?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Lakeland-Winter Haven it is $664/mo.