Lincoln vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lincoln is 35% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,127/mo in Salt Lake City — saving $3,504/year.
Rent by Unit Size
| Unit Size | Lincoln | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $561 | $754 | $193 |
| 1 Bedroom | $685 | $912 | $227 |
| 2 Bedrooms | $835 | $1,127 | $292 |
| 3 Bedrooms | $1,007 | $1,352 | $345 |
| 4 Bedrooms | $1,216 | $1,632 | $416 |
| Median Income | $40,210 | $77,224 | $37,014 |
Lincoln
- Studio
- $561/mo
- 1 BR
- $685/mo
- 2 BR
- $835/mo
- 3 BR
- $1,007/mo
- 4 BR
- $1,216/mo
- Median Income
- $40,210/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 Lincoln or Salt Lake City cheaper to rent in?
Lincoln is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,127/mo in Salt Lake City. That's $292/mo or $3,504/year more expensive in Salt Lake City (35% higher).
What is the 2-bedroom rent in Lincoln vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Lincoln is $835/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Lincoln and Salt Lake City?
The median household income in Lincoln is $40,210/year. In Salt Lake City it is $77,224/year. Salt Lake City has the higher median income.
What is the studio rent in Lincoln vs Salt Lake City?
A studio apartment Fair Market Rent in Lincoln is $561/mo. In Salt Lake City it is $754/mo.