Chicago, IL vs Houston, TX
Compare rent, home prices, and affordability for up to 3 US cities.
The Verdict
Houston, TX is cheaper — a 2-bedroom averages $1,529/mo versus $1,761/mo in Chicago, IL, 13% ($232/mo) less. Over a year that is $2,784 more in rent for the same size unit.
Income Needed
To rent a 2-bedroom without exceeding the 30% rule, you need about $70,440/year in Chicago, IL versus $61,160/year in Houston, TX — a $9,280 difference in required salary.
Home Prices
The median home costs $264,952 in Houston, TX versus $325,887 in Chicago, IL — 23% higher. Buyers priced out of Chicago, IL may find Houston, TX more attainable.
Select Cities (2/3)
Chicago, IL
Houston, TX
| Metric | Chicago IL | Houston TX |
|---|---|---|
| Studio Rent | $1,458 | $1,226✓ |
| 1BR Rent | $1,560 | $1,279✓ |
| 2BR Rent | $1,761 | $1,529✓ |
| 3BR Rent | $2,262 | $2,038✓ |
| 4BR Rent | $2,657 | $2,568✓ |
| Median Home Value | $325,887 | $264,952✓ |
| Price per sqft | — | — |
| Median Income | $88,850 | $80,458✓ |
| Income to Rent 2BR | $70,440/yr | $61,160/yr✓ |