Chicago-Naperville-Elgin vs Oxnard-Thousand Oaks-Ventura
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chicago-Naperville-Elgin is 44% cheaper for renters. A 2-bedroom rents for $1,222/mo vs $1,761/mo in Oxnard-Thousand Oaks-Ventura — saving $6,468/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Oxnard-Thousand Oaks-Ventura | Difference |
|---|---|---|---|
| Studio | $849 | $1,132 | $283 |
| 1 Bedroom | $1,023 | $1,384 | $361 |
| 2 Bedrooms | $1,222 | $1,761 | $539 |
| 3 Bedrooms | $1,528 | $2,097 | $569 |
| 4 Bedrooms | $1,886 | $2,476 | $590 |
| Median Income | $79,852 | $87,756 | $7,904 |
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
Oxnard-Thousand Oaks-Ventura
- Studio
- $1,132/mo
- 1 BR
- $1,384/mo
- 2 BR
- $1,761/mo
- 3 BR
- $2,097/mo
- 4 BR
- $2,476/mo
- Median Income
- $87,756/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Oxnard-Thousand Oaks-Ventura cheaper to rent in?
Chicago-Naperville-Elgin is cheaper — a 2-bedroom Fair Market Rent is $1,222/mo vs $1,761/mo in Oxnard-Thousand Oaks-Ventura. That's $539/mo or $6,468/year more expensive in Oxnard-Thousand Oaks-Ventura (44% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Oxnard-Thousand Oaks-Ventura?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Oxnard-Thousand Oaks-Ventura, a 2-bedroom FMR is $1,761/month.
How do incomes compare between Chicago-Naperville-Elgin and Oxnard-Thousand Oaks-Ventura?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Oxnard-Thousand Oaks-Ventura it is $87,756/year. Oxnard-Thousand Oaks-Ventura has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Oxnard-Thousand Oaks-Ventura?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Oxnard-Thousand Oaks-Ventura it is $1,132/mo.