FairRentWize

Chico vs Lake Charles

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 44% cheaper for renters. A 2-bedroom rents for $735/mo vs $1,059/mo in Chico — saving $3,888/year.

Rent by Unit Size

Unit SizeChicoLake CharlesDifference
Studio$698$490$208
1 Bedroom$859$592$267
2 Bedrooms$1,059$735$324
3 Bedrooms$1,354$930$424
4 Bedrooms$1,491$984$507
Median Income$66,884$45,479$21,405

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
Full Chico profile →

Lake Charles

Studio
$490/mo
1 BR
$592/mo
2 BR
$735/mo
3 BR
$930/mo
4 BR
$984/mo
Median Income
$45,479/yr
Full Lake Charles profile →

Frequently Asked Questions

Is Chico or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $1,059/mo in Chico. That's $324/mo or $3,888/year more expensive in Chico (44% higher).
What is the 2-bedroom rent in Chico vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Chico and Lake Charles?
The median household income in Chico is $66,884/year. In Lake Charles it is $45,479/year. Chico has the higher median income.
What is the studio rent in Chico vs Lake Charles?
A studio apartment Fair Market Rent in Chico is $698/mo. In Lake Charles it is $490/mo.