Chicago-Naperville-Elgin vs Prescott Valley-Prescott
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Prescott Valley-Prescott is 16% cheaper for renters. A 2-bedroom rents for $1,054/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $2,016/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Prescott Valley-Prescott | Difference |
|---|---|---|---|
| Studio | $849 | $648 | $201 |
| 1 Bedroom | $1,023 | $826 | $197 |
| 2 Bedrooms | $1,222 | $1,054 | $168 |
| 3 Bedrooms | $1,528 | $1,277 | $251 |
| 4 Bedrooms | $1,886 | $1,437 | $449 |
| Median Income | $79,852 | $60,079 | $19,773 |
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
Prescott Valley-Prescott
- Studio
- $648/mo
- 1 BR
- $826/mo
- 2 BR
- $1,054/mo
- 3 BR
- $1,277/mo
- 4 BR
- $1,437/mo
- Median Income
- $60,079/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Prescott Valley-Prescott cheaper to rent in?
Prescott Valley-Prescott is cheaper — a 2-bedroom Fair Market Rent is $1,054/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $168/mo or $2,016/year more expensive in Chicago-Naperville-Elgin (16% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Prescott Valley-Prescott?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Prescott Valley-Prescott, a 2-bedroom FMR is $1,054/month.
How do incomes compare between Chicago-Naperville-Elgin and Prescott Valley-Prescott?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Prescott Valley-Prescott it is $60,079/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Prescott Valley-Prescott?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Prescott Valley-Prescott it is $648/mo.