FairRentWize

Chicago-Naperville-Elgin vs Modesto

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Modesto is 12% cheaper for renters. A 2-bedroom rents for $1,092/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $1,560/year.

Rent by Unit Size

Unit SizeChicago-Naperville-ElginModestoDifference
Studio$849$727$122
1 Bedroom$1,023$912$111
2 Bedrooms$1,222$1,092$130
3 Bedrooms$1,528$1,412$116
4 Bedrooms$1,886$1,509$377
Median Income$79,852$56,394$23,458

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 →

Modesto

Studio
$727/mo
1 BR
$912/mo
2 BR
$1,092/mo
3 BR
$1,412/mo
4 BR
$1,509/mo
Median Income
$56,394/yr
Full Modesto profile →

Frequently Asked Questions

Is Chicago-Naperville-Elgin or Modesto cheaper to rent in?
Modesto is cheaper — a 2-bedroom Fair Market Rent is $1,092/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $130/mo or $1,560/year more expensive in Chicago-Naperville-Elgin (12% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Modesto?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Modesto, a 2-bedroom FMR is $1,092/month.
How do incomes compare between Chicago-Naperville-Elgin and Modesto?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Modesto it is $56,394/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Modesto?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Modesto it is $727/mo.