Chicago-Naperville-Elgin vs Tampa-St. Petersburg-Clearwater
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Tampa-St. Petersburg-Clearwater is 0% cheaper for renters. A 2-bedroom rents for $1,218/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $48/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Tampa-St. Petersburg-Clearwater | Difference |
|---|---|---|---|
| Studio | $849 | $817 | $32 |
| 1 Bedroom | $1,023 | $967 | $56 |
| 2 Bedrooms | $1,222 | $1,218 | $4 |
| 3 Bedrooms | $1,528 | $1,527 | $1 |
| 4 Bedrooms | $1,886 | $1,752 | $134 |
| Median Income | $79,852 | $69,520 | $10,332 |
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
Tampa-St. Petersburg-Clearwater
- Studio
- $817/mo
- 1 BR
- $967/mo
- 2 BR
- $1,218/mo
- 3 BR
- $1,527/mo
- 4 BR
- $1,752/mo
- Median Income
- $69,520/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Tampa-St. Petersburg-Clearwater cheaper to rent in?
Tampa-St. Petersburg-Clearwater is cheaper — a 2-bedroom Fair Market Rent is $1,218/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $4/mo or $48/year more expensive in Chicago-Naperville-Elgin (0% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Tampa-St. Petersburg-Clearwater?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Tampa-St. Petersburg-Clearwater, a 2-bedroom FMR is $1,218/month.
How do incomes compare between Chicago-Naperville-Elgin and Tampa-St. Petersburg-Clearwater?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Tampa-St. Petersburg-Clearwater it is $69,520/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Tampa-St. Petersburg-Clearwater?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Tampa-St. Petersburg-Clearwater it is $817/mo.