El Paso vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 31% cheaper for renters. A 2-bedroom rents for $868/mo vs $1,137/mo in Salem — saving $3,228/year.
Rent by Unit Size
| Unit Size | El Paso | Salem | Difference |
|---|---|---|---|
| Studio | $557 | $741 | $184 |
| 1 Bedroom | $685 | $913 | $228 |
| 2 Bedrooms | $868 | $1,137 | $269 |
| 3 Bedrooms | $1,052 | $1,411 | $359 |
| 4 Bedrooms | $1,194 | $1,615 | $421 |
| Median Income | $45,964 | $53,953 | $7,989 |
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/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 El Paso or Salem cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $1,137/mo in Salem. That's $269/mo or $3,228/year more expensive in Salem (31% higher).
What is the 2-bedroom rent in El Paso vs Salem?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between El Paso and Salem?
The median household income in El Paso is $45,964/year. In Salem it is $53,953/year. Salem has the higher median income.
What is the studio rent in El Paso vs Salem?
A studio apartment Fair Market Rent in El Paso is $557/mo. In Salem it is $741/mo.