Chicago-Naperville-Elgin vs Ocala
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Ocala is 44% cheaper for renters. A 2-bedroom rents for $850/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $4,464/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Ocala | Difference |
|---|---|---|---|
| Studio | $849 | $584 | $265 |
| 1 Bedroom | $1,023 | $712 | $311 |
| 2 Bedrooms | $1,222 | $850 | $372 |
| 3 Bedrooms | $1,528 | $1,069 | $459 |
| 4 Bedrooms | $1,886 | $1,312 | $574 |
| Median Income | $79,852 | $54,036 | $25,816 |
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
Ocala
- Studio
- $584/mo
- 1 BR
- $712/mo
- 2 BR
- $850/mo
- 3 BR
- $1,069/mo
- 4 BR
- $1,312/mo
- Median Income
- $54,036/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Ocala cheaper to rent in?
Ocala is cheaper — a 2-bedroom Fair Market Rent is $850/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $372/mo or $4,464/year more expensive in Chicago-Naperville-Elgin (44% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Ocala?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Ocala, a 2-bedroom FMR is $850/month.
How do incomes compare between Chicago-Naperville-Elgin and Ocala?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Ocala it is $54,036/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Ocala?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Ocala it is $584/mo.