Honolulu vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salt Lake City is 72% cheaper for renters. A 2-bedroom rents for $1,127/mo vs $1,937/mo in Honolulu — saving $9,720/year.
Rent by Unit Size
| Unit Size | Honolulu | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $1,256 | $754 | $502 |
| 1 Bedroom | $1,543 | $912 | $631 |
| 2 Bedrooms | $1,937 | $1,127 | $810 |
| 3 Bedrooms | $2,397 | $1,352 | $1,045 |
| 4 Bedrooms | $2,745 | $1,632 | $1,113 |
| Median Income | $116,677 | $77,224 | $39,453 |
Honolulu
- Studio
- $1,256/mo
- 1 BR
- $1,543/mo
- 2 BR
- $1,937/mo
- 3 BR
- $2,397/mo
- 4 BR
- $2,745/mo
- Median Income
- $116,677/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 Honolulu or Salt Lake City cheaper to rent in?
Salt Lake City is cheaper — a 2-bedroom Fair Market Rent is $1,127/mo vs $1,937/mo in Honolulu. That's $810/mo or $9,720/year more expensive in Honolulu (72% higher).
What is the 2-bedroom rent in Honolulu vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Honolulu is $1,937/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Honolulu and Salt Lake City?
The median household income in Honolulu is $116,677/year. In Salt Lake City it is $77,224/year. Honolulu has the higher median income.
What is the studio rent in Honolulu vs Salt Lake City?
A studio apartment Fair Market Rent in Honolulu is $1,256/mo. In Salt Lake City it is $754/mo.