Chicago-Naperville-Elgin vs Providence-Warwick
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Providence-Warwick is 9% cheaper for renters. A 2-bedroom rents for $1,122/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $1,200/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Providence-Warwick | Difference |
|---|---|---|---|
| Studio | $849 | $784 | $65 |
| 1 Bedroom | $1,023 | $946 | $77 |
| 2 Bedrooms | $1,222 | $1,122 | $100 |
| 3 Bedrooms | $1,528 | $1,429 | $99 |
| 4 Bedrooms | $1,886 | $1,663 | $223 |
| Median Income | $79,852 | $69,693 | $10,159 |
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
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Providence-Warwick cheaper to rent in?
Providence-Warwick is cheaper — a 2-bedroom Fair Market Rent is $1,122/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $100/mo or $1,200/year more expensive in Chicago-Naperville-Elgin (9% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Providence-Warwick?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Providence-Warwick, a 2-bedroom FMR is $1,122/month.
How do incomes compare between Chicago-Naperville-Elgin and Providence-Warwick?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Providence-Warwick it is $69,693/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Providence-Warwick?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Providence-Warwick it is $784/mo.