Boulder vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salt Lake City is 24% cheaper for renters. A 2-bedroom rents for $1,127/mo vs $1,393/mo in Boulder — saving $3,192/year.
Rent by Unit Size
| Unit Size | Boulder | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $912 | $754 | $158 |
| 1 Bedroom | $1,165 | $912 | $253 |
| 2 Bedrooms | $1,393 | $1,127 | $266 |
| 3 Bedrooms | $1,797 | $1,352 | $445 |
| 4 Bedrooms | $2,079 | $1,632 | $447 |
| Median Income | $78,256 | $77,224 | $1,032 |
Boulder
- Studio
- $912/mo
- 1 BR
- $1,165/mo
- 2 BR
- $1,393/mo
- 3 BR
- $1,797/mo
- 4 BR
- $2,079/mo
- Median Income
- $78,256/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 Boulder or Salt Lake City cheaper to rent in?
Salt Lake City is cheaper — a 2-bedroom Fair Market Rent is $1,127/mo vs $1,393/mo in Boulder. That's $266/mo or $3,192/year more expensive in Boulder (24% higher).
What is the 2-bedroom rent in Boulder vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Boulder is $1,393/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Boulder and Salt Lake City?
The median household income in Boulder is $78,256/year. In Salt Lake City it is $77,224/year. Boulder has the higher median income.
What is the studio rent in Boulder vs Salt Lake City?
A studio apartment Fair Market Rent in Boulder is $912/mo. In Salt Lake City it is $754/mo.