Louisville-Jefferson County vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Louisville-Jefferson County is 36% cheaper for renters. A 2-bedroom rents for $835/mo vs $1,137/mo in Salem — saving $3,624/year.
Rent by Unit Size
| Unit Size | Louisville-Jefferson County | Salem | Difference |
|---|---|---|---|
| Studio | $555 | $741 | $186 |
| 1 Bedroom | $707 | $913 | $206 |
| 2 Bedrooms | $835 | $1,137 | $302 |
| 3 Bedrooms | $1,082 | $1,411 | $329 |
| 4 Bedrooms | $1,307 | $1,615 | $308 |
| Median Income | $52,763 | $53,953 | $1,190 |
Louisville-Jefferson County
- Studio
- $555/mo
- 1 BR
- $707/mo
- 2 BR
- $835/mo
- 3 BR
- $1,082/mo
- 4 BR
- $1,307/mo
- Median Income
- $52,763/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 Louisville-Jefferson County or Salem cheaper to rent in?
Louisville-Jefferson County is cheaper — a 2-bedroom Fair Market Rent is $835/mo vs $1,137/mo in Salem. That's $302/mo or $3,624/year more expensive in Salem (36% higher).
What is the 2-bedroom rent in Louisville-Jefferson County vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Louisville-Jefferson County is $835/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Louisville-Jefferson County and Salem?
The median household income in Louisville-Jefferson County is $52,763/year. In Salem it is $53,953/year. Salem has the higher median income.
What is the studio rent in Louisville-Jefferson County vs Salem?
A studio apartment Fair Market Rent in Louisville-Jefferson County is $555/mo. In Salem it is $741/mo.