Chicago-Naperville-Elgin vs Winston-Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Winston-Salem is 51% cheaper for renters. A 2-bedroom rents for $807/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $4,980/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Winston-Salem | Difference |
|---|---|---|---|
| Studio | $849 | $531 | $318 |
| 1 Bedroom | $1,023 | $652 | $371 |
| 2 Bedrooms | $1,222 | $807 | $415 |
| 3 Bedrooms | $1,528 | $1,030 | $498 |
| 4 Bedrooms | $1,886 | $1,189 | $697 |
| Median Income | $79,852 | $47,140 | $32,712 |
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
Winston-Salem
- Studio
- $531/mo
- 1 BR
- $652/mo
- 2 BR
- $807/mo
- 3 BR
- $1,030/mo
- 4 BR
- $1,189/mo
- Median Income
- $47,140/yr
Frequently Asked Questions
Is Chicago-Naperville-Elgin or Winston-Salem cheaper to rent in?
Winston-Salem is cheaper — a 2-bedroom Fair Market Rent is $807/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $415/mo or $4,980/year more expensive in Chicago-Naperville-Elgin (51% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Winston-Salem?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Winston-Salem, a 2-bedroom FMR is $807/month.
How do incomes compare between Chicago-Naperville-Elgin and Winston-Salem?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Winston-Salem it is $47,140/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Winston-Salem?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Winston-Salem it is $531/mo.