Chico vs Fort Wayne
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fort Wayne is 36% cheaper for renters. A 2-bedroom rents for $777/mo vs $1,059/mo in Chico — saving $3,384/year.
Rent by Unit Size
| Unit Size | Chico | Fort Wayne | Difference |
|---|---|---|---|
| Studio | $698 | $499 | $199 |
| 1 Bedroom | $859 | $639 | $220 |
| 2 Bedrooms | $1,059 | $777 | $282 |
| 3 Bedrooms | $1,354 | $969 | $385 |
| 4 Bedrooms | $1,491 | $1,175 | $316 |
| Median Income | $66,884 | $47,806 | $19,078 |
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
Fort Wayne
- Studio
- $499/mo
- 1 BR
- $639/mo
- 2 BR
- $777/mo
- 3 BR
- $969/mo
- 4 BR
- $1,175/mo
- Median Income
- $47,806/yr
Frequently Asked Questions
Is Chico or Fort Wayne cheaper to rent in?
Fort Wayne is cheaper — a 2-bedroom Fair Market Rent is $777/mo vs $1,059/mo in Chico. That's $282/mo or $3,384/year more expensive in Chico (36% higher).
What is the 2-bedroom rent in Chico vs Fort Wayne?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Fort Wayne, a 2-bedroom FMR is $777/month.
How do incomes compare between Chico and Fort Wayne?
The median household income in Chico is $66,884/year. In Fort Wayne it is $47,806/year. Chico has the higher median income.
What is the studio rent in Chico vs Fort Wayne?
A studio apartment Fair Market Rent in Chico is $698/mo. In Fort Wayne it is $499/mo.