Chico vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chico is 7% cheaper for renters. A 2-bedroom rents for $1,059/mo vs $1,137/mo in Salem — saving $936/year.
Rent by Unit Size
| Unit Size | Chico | Salem | Difference |
|---|---|---|---|
| Studio | $698 | $741 | $43 |
| 1 Bedroom | $859 | $913 | $54 |
| 2 Bedrooms | $1,059 | $1,137 | $78 |
| 3 Bedrooms | $1,354 | $1,411 | $57 |
| 4 Bedrooms | $1,491 | $1,615 | $124 |
| Median Income | $66,884 | $53,953 | $12,931 |
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
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Chico or Salem cheaper to rent in?
Chico is cheaper — a 2-bedroom Fair Market Rent is $1,059/mo vs $1,137/mo in Salem. That's $78/mo or $936/year more expensive in Salem (7% higher).
What is the 2-bedroom rent in Chico vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Chico and Salem?
The median household income in Chico is $66,884/year. In Salem it is $53,953/year. Chico has the higher median income.
What is the studio rent in Chico vs Salem?
A studio apartment Fair Market Rent in Chico is $698/mo. In Salem it is $741/mo.