FairRentWize

Chicago-Naperville-Elgin vs Myrtle Beach-Conway-North Myrtle Beach

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Myrtle Beach-Conway-North Myrtle Beach is 24% cheaper for renters. A 2-bedroom rents for $983/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $2,868/year.

Rent by Unit Size

Unit SizeChicago-Naperville-ElginMyrtle Beach-Conway-North Myrtle BeachDifference
Studio$849$698$151
1 Bedroom$1,023$827$196
2 Bedrooms$1,222$983$239
3 Bedrooms$1,528$1,303$225
4 Bedrooms$1,886$1,404$482
Median Income$79,852$58,519$21,333

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 →

Myrtle Beach-Conway-North Myrtle Beach

Studio
$698/mo
1 BR
$827/mo
2 BR
$983/mo
3 BR
$1,303/mo
4 BR
$1,404/mo
Median Income
$58,519/yr
Full Myrtle Beach-Conway-North Myrtle Beach profile →

Frequently Asked Questions

Is Chicago-Naperville-Elgin or Myrtle Beach-Conway-North Myrtle Beach cheaper to rent in?
Myrtle Beach-Conway-North Myrtle Beach is cheaper — a 2-bedroom Fair Market Rent is $983/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $239/mo or $2,868/year more expensive in Chicago-Naperville-Elgin (24% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Myrtle Beach-Conway-North Myrtle Beach?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Myrtle Beach-Conway-North Myrtle Beach, a 2-bedroom FMR is $983/month.
How do incomes compare between Chicago-Naperville-Elgin and Myrtle Beach-Conway-North Myrtle Beach?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Myrtle Beach-Conway-North Myrtle Beach it is $58,519/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Myrtle Beach-Conway-North Myrtle Beach?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Myrtle Beach-Conway-North Myrtle Beach it is $698/mo.