Chico vs Missoula
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chico is 2% cheaper for renters. A 2-bedroom rents for $1,059/mo vs $1,081/mo in Missoula — saving $264/year.
Rent by Unit Size
| Unit Size | Chico | Missoula | Difference |
|---|---|---|---|
| Studio | $698 | $762 | $64 |
| 1 Bedroom | $859 | $909 | $50 |
| 2 Bedrooms | $1,059 | $1,081 | $22 |
| 3 Bedrooms | $1,354 | $1,423 | $69 |
| 4 Bedrooms | $1,491 | $1,651 | $160 |
| Median Income | $66,884 | $73,596 | $6,712 |
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
Missoula
- Studio
- $762/mo
- 1 BR
- $909/mo
- 2 BR
- $1,081/mo
- 3 BR
- $1,423/mo
- 4 BR
- $1,651/mo
- Median Income
- $73,596/yr
Frequently Asked Questions
Is Chico or Missoula cheaper to rent in?
Chico is cheaper — a 2-bedroom Fair Market Rent is $1,059/mo vs $1,081/mo in Missoula. That's $22/mo or $264/year more expensive in Missoula (2% higher).
What is the 2-bedroom rent in Chico vs Missoula?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Missoula, a 2-bedroom FMR is $1,081/month.
How do incomes compare between Chico and Missoula?
The median household income in Chico is $66,884/year. In Missoula it is $73,596/year. Missoula has the higher median income.
What is the studio rent in Chico vs Missoula?
A studio apartment Fair Market Rent in Chico is $698/mo. In Missoula it is $762/mo.