Chicago-Naperville-Elgin vs Phoenix-Mesa-Chandler
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Phoenix-Mesa-Chandler is 6% cheaper for renters. A 2-bedroom rents for $1,158/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $768/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Phoenix-Mesa-Chandler | Difference |
|---|---|---|---|
| Studio | $849 | $752 | $97 |
| 1 Bedroom | $1,023 | $943 | $80 |
| 2 Bedrooms | $1,222 | $1,158 | $64 |
| 3 Bedrooms | $1,528 | $1,495 | $33 |
| 4 Bedrooms | $1,886 | $1,715 | $171 |
| Median Income | $79,852 | $62,754 | $17,098 |
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
Phoenix-Mesa-Chandler
- Studio
- $752/mo
- 1 BR
- $943/mo
- 2 BR
- $1,158/mo
- 3 BR
- $1,495/mo
- 4 BR
- $1,715/mo
- Median Income
- $62,754/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Phoenix-Mesa-Chandler cheaper to rent in?
Phoenix-Mesa-Chandler is cheaper — a 2-bedroom Fair Market Rent is $1,158/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $64/mo or $768/year more expensive in Chicago-Naperville-Elgin (6% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Phoenix-Mesa-Chandler?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Phoenix-Mesa-Chandler, a 2-bedroom FMR is $1,158/month.
How do incomes compare between Chicago-Naperville-Elgin and Phoenix-Mesa-Chandler?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Phoenix-Mesa-Chandler it is $62,754/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Phoenix-Mesa-Chandler?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Phoenix-Mesa-Chandler it is $752/mo.