Chico vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 40% cheaper for renters. A 2-bedroom rents for $756/mo vs $1,059/mo in Chico — saving $3,636/year.
Rent by Unit Size
| Unit Size | Chico | Springfield | Difference |
|---|---|---|---|
| Studio | $698 | $519 | $179 |
| 1 Bedroom | $859 | $612 | $247 |
| 2 Bedrooms | $1,059 | $756 | $303 |
| 3 Bedrooms | $1,354 | $923 | $431 |
| 4 Bedrooms | $1,491 | $1,067 | $424 |
| Median Income | $66,884 | $44,958 | $21,926 |
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
Springfield
- Studio
- $519/mo
- 1 BR
- $612/mo
- 2 BR
- $756/mo
- 3 BR
- $923/mo
- 4 BR
- $1,067/mo
- Median Income
- $44,958/yr
Frequently Asked Questions
Is Chico or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $756/mo vs $1,059/mo in Chico. That's $303/mo or $3,636/year more expensive in Chico (40% higher).
What is the 2-bedroom rent in Chico vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Springfield, a 2-bedroom FMR is $756/month.
How do incomes compare between Chico and Springfield?
The median household income in Chico is $66,884/year. In Springfield it is $44,958/year. Chico has the higher median income.
What is the studio rent in Chico vs Springfield?
A studio apartment Fair Market Rent in Chico is $698/mo. In Springfield it is $519/mo.