FairRentWize

Chicago-Naperville-Elgin vs New Haven-Milford

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

New Haven-Milford is 3% cheaper for renters. A 2-bedroom rents for $1,189/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $396/year.

Rent by Unit Size

Unit SizeChicago-Naperville-ElginNew Haven-MilfordDifference
Studio$849$808$41
1 Bedroom$1,023$974$49
2 Bedrooms$1,222$1,189$33
3 Bedrooms$1,528$1,507$21
4 Bedrooms$1,886$1,637$249
Median Income$79,852$68,368$11,484

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 →

New Haven-Milford

Studio
$808/mo
1 BR
$974/mo
2 BR
$1,189/mo
3 BR
$1,507/mo
4 BR
$1,637/mo
Median Income
$68,368/yr
Full New Haven-Milford profile →

Frequently Asked Questions

Is Chicago-Naperville-Elgin or New Haven-Milford cheaper to rent in?
New Haven-Milford is cheaper — a 2-bedroom Fair Market Rent is $1,189/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $33/mo or $396/year more expensive in Chicago-Naperville-Elgin (3% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs New Haven-Milford?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In New Haven-Milford, a 2-bedroom FMR is $1,189/month.
How do incomes compare between Chicago-Naperville-Elgin and New Haven-Milford?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In New Haven-Milford it is $68,368/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs New Haven-Milford?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In New Haven-Milford it is $808/mo.