Chicago-Naperville-Elgin vs Portland-South Portland
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Portland-South Portland is 7% cheaper for renters. A 2-bedroom rents for $1,145/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $924/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Portland-South Portland | Difference |
|---|---|---|---|
| Studio | $849 | $765 | $84 |
| 1 Bedroom | $1,023 | $906 | $117 |
| 2 Bedrooms | $1,222 | $1,145 | $77 |
| 3 Bedrooms | $1,528 | $1,402 | $126 |
| 4 Bedrooms | $1,886 | $1,638 | $248 |
| Median Income | $79,852 | $58,824 | $21,028 |
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
Portland-South Portland
- Studio
- $765/mo
- 1 BR
- $906/mo
- 2 BR
- $1,145/mo
- 3 BR
- $1,402/mo
- 4 BR
- $1,638/mo
- Median Income
- $58,824/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Portland-South Portland cheaper to rent in?
Portland-South Portland is cheaper — a 2-bedroom Fair Market Rent is $1,145/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $77/mo or $924/year more expensive in Chicago-Naperville-Elgin (7% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Portland-South Portland?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Portland-South Portland, a 2-bedroom FMR is $1,145/month.
How do incomes compare between Chicago-Naperville-Elgin and Portland-South Portland?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Portland-South Portland it is $58,824/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Portland-South Portland?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Portland-South Portland it is $765/mo.