Laredo vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 61% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,127/mo in Salt Lake City — saving $5,148/year.
Rent by Unit Size
| Unit Size | Laredo | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $463 | $754 | $291 |
| 1 Bedroom | $552 | $912 | $360 |
| 2 Bedrooms | $698 | $1,127 | $429 |
| 3 Bedrooms | $851 | $1,352 | $501 |
| 4 Bedrooms | $966 | $1,632 | $666 |
| Median Income | $40,343 | $77,224 | $36,881 |
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/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 Laredo or Salt Lake City cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,127/mo in Salt Lake City. That's $429/mo or $5,148/year more expensive in Salt Lake City (61% higher).
What is the 2-bedroom rent in Laredo vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Laredo and Salt Lake City?
The median household income in Laredo is $40,343/year. In Salt Lake City it is $77,224/year. Salt Lake City has the higher median income.
What is the studio rent in Laredo vs Salt Lake City?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Salt Lake City it is $754/mo.