FairRentWize

Chicago-Naperville-Elgin vs Oklahoma City

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Oklahoma City is 52% cheaper for renters. A 2-bedroom rents for $805/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $5,004/year.

Rent by Unit Size

Unit SizeChicago-Naperville-ElginOklahoma CityDifference
Studio$849$543$306
1 Bedroom$1,023$673$350
2 Bedrooms$1,222$805$417
3 Bedrooms$1,528$1,023$505
4 Bedrooms$1,886$1,127$759
Median Income$79,852$52,559$27,293

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 →

Oklahoma City

Studio
$543/mo
1 BR
$673/mo
2 BR
$805/mo
3 BR
$1,023/mo
4 BR
$1,127/mo
Median Income
$52,559/yr
Full Oklahoma City profile →

Frequently Asked Questions

Is Chicago-Naperville-Elgin or Oklahoma City cheaper to rent in?
Oklahoma City is cheaper — a 2-bedroom Fair Market Rent is $805/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $417/mo or $5,004/year more expensive in Chicago-Naperville-Elgin (52% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Oklahoma City?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Oklahoma City, a 2-bedroom FMR is $805/month.
How do incomes compare between Chicago-Naperville-Elgin and Oklahoma City?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Oklahoma City it is $52,559/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Oklahoma City?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Oklahoma City it is $543/mo.