Denver-Aurora-Lakewood vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salem is 25% cheaper for renters. A 2-bedroom rents for $1,137/mo vs $1,421/mo in Denver-Aurora-Lakewood — saving $3,408/year.
Rent by Unit Size
| Unit Size | Denver-Aurora-Lakewood | Salem | Difference |
|---|---|---|---|
| Studio | $944 | $741 | $203 |
| 1 Bedroom | $1,123 | $913 | $210 |
| 2 Bedrooms | $1,421 | $1,137 | $284 |
| 3 Bedrooms | $1,665 | $1,411 | $254 |
| 4 Bedrooms | $2,036 | $1,615 | $421 |
| Median Income | $86,704 | $53,953 | $32,751 |
Denver-Aurora-Lakewood
- Studio
- $944/mo
- 1 BR
- $1,123/mo
- 2 BR
- $1,421/mo
- 3 BR
- $1,665/mo
- 4 BR
- $2,036/mo
- Median Income
- $86,704/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 Denver-Aurora-Lakewood or Salem cheaper to rent in?
Salem is cheaper — a 2-bedroom Fair Market Rent is $1,137/mo vs $1,421/mo in Denver-Aurora-Lakewood. That's $284/mo or $3,408/year more expensive in Denver-Aurora-Lakewood (25% higher).
What is the 2-bedroom rent in Denver-Aurora-Lakewood vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Denver-Aurora-Lakewood is $1,421/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Denver-Aurora-Lakewood and Salem?
The median household income in Denver-Aurora-Lakewood is $86,704/year. In Salem it is $53,953/year. Denver-Aurora-Lakewood has the higher median income.
What is the studio rent in Denver-Aurora-Lakewood vs Salem?
A studio apartment Fair Market Rent in Denver-Aurora-Lakewood is $944/mo. In Salem it is $741/mo.