Chicago-Naperville-Elgin vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salt Lake City is 8% cheaper for renters. A 2-bedroom rents for $1,127/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $1,140/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $849 | $754 | $95 |
| 1 Bedroom | $1,023 | $912 | $111 |
| 2 Bedrooms | $1,222 | $1,127 | $95 |
| 3 Bedrooms | $1,528 | $1,352 | $176 |
| 4 Bedrooms | $1,886 | $1,632 | $254 |
| Median Income | $79,852 | $77,224 | $2,628 |
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
Salt Lake City
- Studio
- $754/mo
- 1 BR
- $912/mo
- 2 BR
- $1,127/mo
- 3 BR
- $1,352/mo
- 4 BR
- $1,632/mo
- Median Income
- $77,224/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Salt Lake City cheaper to rent in?
Salt Lake City is cheaper — a 2-bedroom Fair Market Rent is $1,127/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $95/mo or $1,140/year more expensive in Chicago-Naperville-Elgin (8% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Chicago-Naperville-Elgin and Salt Lake City?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Salt Lake City it is $77,224/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Salt Lake City?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Salt Lake City it is $754/mo.