Chicago-Naperville-Elgin vs Minneapolis-St. Paul-Bloomington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Minneapolis-St. Paul-Bloomington is 12% cheaper for renters. A 2-bedroom rents for $1,091/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $1,572/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Minneapolis-St. Paul-Bloomington | Difference |
|---|---|---|---|
| Studio | $849 | $731 | $118 |
| 1 Bedroom | $1,023 | $917 | $106 |
| 2 Bedrooms | $1,222 | $1,091 | $131 |
| 3 Bedrooms | $1,528 | $1,436 | $92 |
| 4 Bedrooms | $1,886 | $1,675 | $211 |
| Median Income | $79,852 | $69,491 | $10,361 |
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
Minneapolis-St. Paul-Bloomington
- Studio
- $731/mo
- 1 BR
- $917/mo
- 2 BR
- $1,091/mo
- 3 BR
- $1,436/mo
- 4 BR
- $1,675/mo
- Median Income
- $69,491/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Minneapolis-St. Paul-Bloomington cheaper to rent in?
Minneapolis-St. Paul-Bloomington is cheaper — a 2-bedroom Fair Market Rent is $1,091/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $131/mo or $1,572/year more expensive in Chicago-Naperville-Elgin (12% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Minneapolis-St. Paul-Bloomington?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Minneapolis-St. Paul-Bloomington, a 2-bedroom FMR is $1,091/month.
How do incomes compare between Chicago-Naperville-Elgin and Minneapolis-St. Paul-Bloomington?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Minneapolis-St. Paul-Bloomington it is $69,491/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Minneapolis-St. Paul-Bloomington?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Minneapolis-St. Paul-Bloomington it is $731/mo.