Chicago-Naperville-Elgin vs Lynchburg
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lynchburg is 69% cheaper for renters. A 2-bedroom rents for $721/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $6,012/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Lynchburg | Difference |
|---|---|---|---|
| Studio | $849 | $494 | $355 |
| 1 Bedroom | $1,023 | $589 | $434 |
| 2 Bedrooms | $1,222 | $721 | $501 |
| 3 Bedrooms | $1,528 | $933 | $595 |
| 4 Bedrooms | $1,886 | $1,024 | $862 |
| Median Income | $79,852 | $37,857 | $41,995 |
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
Lynchburg
- Studio
- $494/mo
- 1 BR
- $589/mo
- 2 BR
- $721/mo
- 3 BR
- $933/mo
- 4 BR
- $1,024/mo
- Median Income
- $37,857/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Lynchburg cheaper to rent in?
Lynchburg is cheaper — a 2-bedroom Fair Market Rent is $721/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $501/mo or $6,012/year more expensive in Chicago-Naperville-Elgin (69% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Lynchburg?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Lynchburg, a 2-bedroom FMR is $721/month.
How do incomes compare between Chicago-Naperville-Elgin and Lynchburg?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Lynchburg it is $37,857/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Lynchburg?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Lynchburg it is $494/mo.