Asheville vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Asheville is 2% cheaper for renters. A 2-bedroom rents for $1,106/mo vs $1,127/mo in Salt Lake City — saving $252/year.
Rent by Unit Size
| Unit Size | Asheville | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $689 | $754 | $65 |
| 1 Bedroom | $875 | $912 | $37 |
| 2 Bedrooms | $1,106 | $1,127 | $21 |
| 3 Bedrooms | $1,316 | $1,352 | $36 |
| 4 Bedrooms | $1,577 | $1,632 | $55 |
| Median Income | $64,400 | $77,224 | $12,824 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/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 Asheville or Salt Lake City cheaper to rent in?
Asheville is cheaper — a 2-bedroom Fair Market Rent is $1,106/mo vs $1,127/mo in Salt Lake City. That's $21/mo or $252/year more expensive in Salt Lake City (2% higher).
What is the 2-bedroom rent in Asheville vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Asheville and Salt Lake City?
The median household income in Asheville is $64,400/year. In Salt Lake City it is $77,224/year. Salt Lake City has the higher median income.
What is the studio rent in Asheville vs Salt Lake City?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Salt Lake City it is $754/mo.