Fort Collins vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salt Lake City is 9% cheaper for renters. A 2-bedroom rents for $1,127/mo vs $1,227/mo in Fort Collins — saving $1,200/year.
Rent by Unit Size
| Unit Size | Fort Collins | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $839 | $754 | $85 |
| 1 Bedroom | $990 | $912 | $78 |
| 2 Bedrooms | $1,227 | $1,127 | $100 |
| 3 Bedrooms | $1,487 | $1,352 | $135 |
| 4 Bedrooms | $1,747 | $1,632 | $115 |
| Median Income | $63,053 | $77,224 | $14,171 |
Fort Collins
- Studio
- $839/mo
- 1 BR
- $990/mo
- 2 BR
- $1,227/mo
- 3 BR
- $1,487/mo
- 4 BR
- $1,747/mo
- Median Income
- $63,053/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 Fort Collins or Salt Lake City cheaper to rent in?
Salt Lake City is cheaper — a 2-bedroom Fair Market Rent is $1,127/mo vs $1,227/mo in Fort Collins. That's $100/mo or $1,200/year more expensive in Fort Collins (9% higher).
What is the 2-bedroom rent in Fort Collins vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Fort Collins is $1,227/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Fort Collins and Salt Lake City?
The median household income in Fort Collins is $63,053/year. In Salt Lake City it is $77,224/year. Salt Lake City has the higher median income.
What is the studio rent in Fort Collins vs Salt Lake City?
A studio apartment Fair Market Rent in Fort Collins is $839/mo. In Salt Lake City it is $754/mo.