Chico vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chico is 14% cheaper for renters. A 2-bedroom rents for $1,059/mo vs $1,208/mo in Reno — saving $1,788/year.
Rent by Unit Size
| Unit Size | Chico | Reno | Difference |
|---|---|---|---|
| Studio | $698 | $773 | $75 |
| 1 Bedroom | $859 | $946 | $87 |
| 2 Bedrooms | $1,059 | $1,208 | $149 |
| 3 Bedrooms | $1,354 | $1,422 | $68 |
| 4 Bedrooms | $1,491 | $1,636 | $145 |
| Median Income | $66,884 | $59,858 | $7,026 |
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
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/yr
Frequently Asked Questions
Is Chico or Reno cheaper to rent in?
Chico is cheaper — a 2-bedroom Fair Market Rent is $1,059/mo vs $1,208/mo in Reno. That's $149/mo or $1,788/year more expensive in Reno (14% higher).
What is the 2-bedroom rent in Chico vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Chico and Reno?
The median household income in Chico is $66,884/year. In Reno it is $59,858/year. Chico has the higher median income.
What is the studio rent in Chico vs Reno?
A studio apartment Fair Market Rent in Chico is $698/mo. In Reno it is $773/mo.