Chico vs Evansville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Evansville is 53% cheaper for renters. A 2-bedroom rents for $694/mo vs $1,059/mo in Chico — saving $4,380/year.
Rent by Unit Size
| Unit Size | Chico | Evansville | Difference |
|---|---|---|---|
| Studio | $698 | $442 | $256 |
| 1 Bedroom | $859 | $564 | $295 |
| 2 Bedrooms | $1,059 | $694 | $365 |
| 3 Bedrooms | $1,354 | $844 | $510 |
| 4 Bedrooms | $1,491 | $981 | $510 |
| Median Income | $66,884 | $35,376 | $31,508 |
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/yr
Evansville
- Studio
- $442/mo
- 1 BR
- $564/mo
- 2 BR
- $694/mo
- 3 BR
- $844/mo
- 4 BR
- $981/mo
- Median Income
- $35,376/yr
Frequently Asked Questions
Is Chico or Evansville cheaper to rent in?
Evansville is cheaper — a 2-bedroom Fair Market Rent is $694/mo vs $1,059/mo in Chico. That's $365/mo or $4,380/year more expensive in Chico (53% higher).
What is the 2-bedroom rent in Chico vs Evansville?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Evansville, a 2-bedroom FMR is $694/month.
How do incomes compare between Chico and Evansville?
The median household income in Chico is $66,884/year. In Evansville it is $35,376/year. Chico has the higher median income.
What is the studio rent in Chico vs Evansville?
A studio apartment Fair Market Rent in Chico is $698/mo. In Evansville it is $442/mo.