Chicago-Naperville-Elgin vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Reno is 1% cheaper for renters. A 2-bedroom rents for $1,208/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $168/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Reno | Difference |
|---|---|---|---|
| Studio | $849 | $773 | $76 |
| 1 Bedroom | $1,023 | $946 | $77 |
| 2 Bedrooms | $1,222 | $1,208 | $14 |
| 3 Bedrooms | $1,528 | $1,422 | $106 |
| 4 Bedrooms | $1,886 | $1,636 | $250 |
| Median Income | $79,852 | $59,858 | $19,994 |
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
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Reno cheaper to rent in?
Reno is cheaper — a 2-bedroom Fair Market Rent is $1,208/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $14/mo or $168/year more expensive in Chicago-Naperville-Elgin (1% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Chicago-Naperville-Elgin and Reno?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Reno it is $59,858/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Reno?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Reno it is $773/mo.