Olympia-Lacey-Tumwater vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salt Lake City is 5% cheaper for renters. A 2-bedroom rents for $1,127/mo vs $1,178/mo in Olympia-Lacey-Tumwater — saving $612/year.
Rent by Unit Size
| Unit Size | Olympia-Lacey-Tumwater | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $769 | $754 | $15 |
| 1 Bedroom | $945 | $912 | $33 |
| 2 Bedrooms | $1,178 | $1,127 | $51 |
| 3 Bedrooms | $1,376 | $1,352 | $24 |
| 4 Bedrooms | $1,633 | $1,632 | $1 |
| Median Income | $67,966 | $77,224 | $9,258 |
Olympia-Lacey-Tumwater
- Studio
- $769/mo
- 1 BR
- $945/mo
- 2 BR
- $1,178/mo
- 3 BR
- $1,376/mo
- 4 BR
- $1,633/mo
- Median Income
- $67,966/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 Olympia-Lacey-Tumwater or Salt Lake City cheaper to rent in?
Salt Lake City is cheaper — a 2-bedroom Fair Market Rent is $1,127/mo vs $1,178/mo in Olympia-Lacey-Tumwater. That's $51/mo or $612/year more expensive in Olympia-Lacey-Tumwater (5% higher).
What is the 2-bedroom rent in Olympia-Lacey-Tumwater vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Olympia-Lacey-Tumwater is $1,178/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Olympia-Lacey-Tumwater and Salt Lake City?
The median household income in Olympia-Lacey-Tumwater is $67,966/year. In Salt Lake City it is $77,224/year. Salt Lake City has the higher median income.
What is the studio rent in Olympia-Lacey-Tumwater vs Salt Lake City?
A studio apartment Fair Market Rent in Olympia-Lacey-Tumwater is $769/mo. In Salt Lake City it is $754/mo.