Chico vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chico is 6% cheaper for renters. A 2-bedroom rents for $1,059/mo vs $1,127/mo in Salt Lake City — saving $816/year.
Rent by Unit Size
| Unit Size | Chico | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $698 | $754 | $56 |
| 1 Bedroom | $859 | $912 | $53 |
| 2 Bedrooms | $1,059 | $1,127 | $68 |
| 3 Bedrooms | $1,354 | $1,352 | $2 |
| 4 Bedrooms | $1,491 | $1,632 | $141 |
| Median Income | $66,884 | $77,224 | $10,340 |
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
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 Chico or Salt Lake City cheaper to rent in?
Chico is cheaper — a 2-bedroom Fair Market Rent is $1,059/mo vs $1,127/mo in Salt Lake City. That's $68/mo or $816/year more expensive in Salt Lake City (6% higher).
What is the 2-bedroom rent in Chico vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Chico and Salt Lake City?
The median household income in Chico is $66,884/year. In Salt Lake City it is $77,224/year. Salt Lake City has the higher median income.
What is the studio rent in Chico vs Salt Lake City?
A studio apartment Fair Market Rent in Chico is $698/mo. In Salt Lake City it is $754/mo.