Chicago-Naperville-Elgin vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 46% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $4,620/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $849 | $544 | $305 |
| 1 Bedroom | $1,023 | $672 | $351 |
| 2 Bedrooms | $1,222 | $837 | $385 |
| 3 Bedrooms | $1,528 | $1,012 | $516 |
| 4 Bedrooms | $1,886 | $1,129 | $757 |
| Median Income | $79,852 | $55,443 | $24,409 |
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
Sioux Falls
- Studio
- $544/mo
- 1 BR
- $672/mo
- 2 BR
- $837/mo
- 3 BR
- $1,012/mo
- 4 BR
- $1,129/mo
- Median Income
- $55,443/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $385/mo or $4,620/year more expensive in Chicago-Naperville-Elgin (46% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Chicago-Naperville-Elgin and Sioux Falls?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Sioux Falls it is $55,443/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Sioux Falls?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Sioux Falls it is $544/mo.