Chicago-Naperville-Elgin vs Madera
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Madera is 27% cheaper for renters. A 2-bedroom rents for $960/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $3,144/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Madera | Difference |
|---|---|---|---|
| Studio | $849 | $646 | $203 |
| 1 Bedroom | $1,023 | $763 | $260 |
| 2 Bedrooms | $1,222 | $960 | $262 |
| 3 Bedrooms | $1,528 | $1,195 | $333 |
| 4 Bedrooms | $1,886 | $1,347 | $539 |
| Median Income | $79,852 | $57,586 | $22,266 |
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
Madera
- Studio
- $646/mo
- 1 BR
- $763/mo
- 2 BR
- $960/mo
- 3 BR
- $1,195/mo
- 4 BR
- $1,347/mo
- Median Income
- $57,586/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Madera cheaper to rent in?
Madera is cheaper — a 2-bedroom Fair Market Rent is $960/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $262/mo or $3,144/year more expensive in Chicago-Naperville-Elgin (27% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Madera?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Madera, a 2-bedroom FMR is $960/month.
How do incomes compare between Chicago-Naperville-Elgin and Madera?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Madera it is $57,586/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Madera?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Madera it is $646/mo.