Albany vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 95% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,127/mo in Salt Lake City — saving $6,600/year.
Rent by Unit Size
| Unit Size | Albany | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $407 | $754 | $347 |
| 1 Bedroom | $488 | $912 | $424 |
| 2 Bedrooms | $577 | $1,127 | $550 |
| 3 Bedrooms | $748 | $1,352 | $604 |
| 4 Bedrooms | $841 | $1,632 | $791 |
| Median Income | $39,279 | $77,224 | $37,945 |
Albany
- Studio
- $407/mo
- 1 BR
- $488/mo
- 2 BR
- $577/mo
- 3 BR
- $748/mo
- 4 BR
- $841/mo
- Median Income
- $39,279/yr
Salt Lake City
- Studio
- $754/mo
- 1 BR
- $912/mo
- 2 BR
- $1,127/mo
- 3 BR
- $1,352/mo
- 4 BR
- $1,632/mo
- Median Income
- $77,224/yr
Frequently Asked Questions
Is Albany or Salt Lake City cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,127/mo in Salt Lake City. That's $550/mo or $6,600/year more expensive in Salt Lake City (95% higher).
What is the 2-bedroom rent in Albany vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Albany and Salt Lake City?
The median household income in Albany is $39,279/year. In Salt Lake City it is $77,224/year. Salt Lake City has the higher median income.
What is the studio rent in Albany vs Salt Lake City?
A studio apartment Fair Market Rent in Albany is $407/mo. In Salt Lake City it is $754/mo.