Chicago-Naperville-Elgin vs Louisville-Jefferson County
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Louisville-Jefferson County is 46% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $4,644/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Louisville-Jefferson County | Difference |
|---|---|---|---|
| Studio | $849 | $555 | $294 |
| 1 Bedroom | $1,023 | $707 | $316 |
| 2 Bedrooms | $1,222 | $835 | $387 |
| 3 Bedrooms | $1,528 | $1,082 | $446 |
| 4 Bedrooms | $1,886 | $1,307 | $579 |
| Median Income | $79,852 | $52,763 | $27,089 |
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
Louisville-Jefferson County
- Studio
- $555/mo
- 1 BR
- $707/mo
- 2 BR
- $835/mo
- 3 BR
- $1,082/mo
- 4 BR
- $1,307/mo
- Median Income
- $52,763/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Louisville-Jefferson County cheaper to rent in?
Louisville-Jefferson County is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $387/mo or $4,644/year more expensive in Chicago-Naperville-Elgin (46% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Louisville-Jefferson County?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Louisville-Jefferson County, a 2-bedroom FMR is $835/month.
How do incomes compare between Chicago-Naperville-Elgin and Louisville-Jefferson County?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Louisville-Jefferson County it is $52,763/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Louisville-Jefferson County?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Louisville-Jefferson County it is $555/mo.