Chicago-Naperville-Elgin vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chicago-Naperville-Elgin is 33% cheaper for renters. A 2-bedroom rents for $1,222/mo vs $1,623/mo in San Luis Obispo — saving $4,812/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $849 | $1,065 | $216 |
| 1 Bedroom | $1,023 | $1,360 | $337 |
| 2 Bedrooms | $1,222 | $1,623 | $401 |
| 3 Bedrooms | $1,528 | $2,039 | $511 |
| 4 Bedrooms | $1,886 | $2,372 | $486 |
| Median Income | $79,852 | $94,761 | $14,909 |
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
San Luis Obispo
- Studio
- $1,065/mo
- 1 BR
- $1,360/mo
- 2 BR
- $1,623/mo
- 3 BR
- $2,039/mo
- 4 BR
- $2,372/mo
- Median Income
- $94,761/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or San Luis Obispo cheaper to rent in?
Chicago-Naperville-Elgin is cheaper — a 2-bedroom Fair Market Rent is $1,222/mo vs $1,623/mo in San Luis Obispo. That's $401/mo or $4,812/year more expensive in San Luis Obispo (33% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Chicago-Naperville-Elgin and San Luis Obispo?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs San Luis Obispo?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In San Luis Obispo it is $1,065/mo.