FairRentWize

Chicago-Naperville-Elgin vs Missoula

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Missoula is 13% cheaper for renters. A 2-bedroom rents for $1,081/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $1,692/year.

Rent by Unit Size

Unit SizeChicago-Naperville-ElginMissoulaDifference
Studio$849$762$87
1 Bedroom$1,023$909$114
2 Bedrooms$1,222$1,081$141
3 Bedrooms$1,528$1,423$105
4 Bedrooms$1,886$1,651$235
Median Income$79,852$73,596$6,256

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
Full Chicago-Naperville-Elgin profile →

Missoula

Studio
$762/mo
1 BR
$909/mo
2 BR
$1,081/mo
3 BR
$1,423/mo
4 BR
$1,651/mo
Median Income
$73,596/yr
Full Missoula profile →

Frequently Asked Questions

Is Chicago-Naperville-Elgin or Missoula cheaper to rent in?
Missoula is cheaper — a 2-bedroom Fair Market Rent is $1,081/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $141/mo or $1,692/year more expensive in Chicago-Naperville-Elgin (13% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Missoula?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Missoula, a 2-bedroom FMR is $1,081/month.
How do incomes compare between Chicago-Naperville-Elgin and Missoula?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Missoula it is $73,596/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Missoula?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Missoula it is $762/mo.