Chicago-Naperville-Elgin vs Olympia-Lacey-Tumwater
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Olympia-Lacey-Tumwater is 4% cheaper for renters. A 2-bedroom rents for $1,178/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $528/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Olympia-Lacey-Tumwater | Difference |
|---|---|---|---|
| Studio | $849 | $769 | $80 |
| 1 Bedroom | $1,023 | $945 | $78 |
| 2 Bedrooms | $1,222 | $1,178 | $44 |
| 3 Bedrooms | $1,528 | $1,376 | $152 |
| 4 Bedrooms | $1,886 | $1,633 | $253 |
| Median Income | $79,852 | $67,966 | $11,886 |
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
Olympia-Lacey-Tumwater
- Studio
- $769/mo
- 1 BR
- $945/mo
- 2 BR
- $1,178/mo
- 3 BR
- $1,376/mo
- 4 BR
- $1,633/mo
- Median Income
- $67,966/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Olympia-Lacey-Tumwater cheaper to rent in?
Olympia-Lacey-Tumwater is cheaper — a 2-bedroom Fair Market Rent is $1,178/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $44/mo or $528/year more expensive in Chicago-Naperville-Elgin (4% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Olympia-Lacey-Tumwater?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Olympia-Lacey-Tumwater, a 2-bedroom FMR is $1,178/month.
How do incomes compare between Chicago-Naperville-Elgin and Olympia-Lacey-Tumwater?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Olympia-Lacey-Tumwater it is $67,966/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Olympia-Lacey-Tumwater?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Olympia-Lacey-Tumwater it is $769/mo.