Chicago-Naperville-Elgin vs Virginia Beach-Norfolk-Newport News
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Virginia Beach-Norfolk-Newport News is 23% cheaper for renters. A 2-bedroom rents for $994/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $2,736/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Virginia Beach-Norfolk-Newport News | Difference |
|---|---|---|---|
| Studio | $849 | $659 | $190 |
| 1 Bedroom | $1,023 | $824 | $199 |
| 2 Bedrooms | $1,222 | $994 | $228 |
| 3 Bedrooms | $1,528 | $1,234 | $294 |
| 4 Bedrooms | $1,886 | $1,448 | $438 |
| Median Income | $79,852 | $57,948 | $21,904 |
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
Virginia Beach-Norfolk-Newport News
- Studio
- $659/mo
- 1 BR
- $824/mo
- 2 BR
- $994/mo
- 3 BR
- $1,234/mo
- 4 BR
- $1,448/mo
- Median Income
- $57,948/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Virginia Beach-Norfolk-Newport News is cheaper — a 2-bedroom Fair Market Rent is $994/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $228/mo or $2,736/year more expensive in Chicago-Naperville-Elgin (23% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Chicago-Naperville-Elgin and Virginia Beach-Norfolk-Newport News?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.