Peoria vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 53% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,127/mo in Salt Lake City — saving $4,692/year.
Rent by Unit Size
| Unit Size | Peoria | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $470 | $754 | $284 |
| 1 Bedroom | $596 | $912 | $316 |
| 2 Bedrooms | $736 | $1,127 | $391 |
| 3 Bedrooms | $870 | $1,352 | $482 |
| 4 Bedrooms | $1,074 | $1,632 | $558 |
| Median Income | $39,404 | $77,224 | $37,820 |
Peoria
- Studio
- $470/mo
- 1 BR
- $596/mo
- 2 BR
- $736/mo
- 3 BR
- $870/mo
- 4 BR
- $1,074/mo
- Median Income
- $39,404/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 Peoria or Salt Lake City cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,127/mo in Salt Lake City. That's $391/mo or $4,692/year more expensive in Salt Lake City (53% higher).
What is the 2-bedroom rent in Peoria vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Peoria is $736/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Peoria and Salt Lake City?
The median household income in Peoria is $39,404/year. In Salt Lake City it is $77,224/year. Salt Lake City has the higher median income.
What is the studio rent in Peoria vs Salt Lake City?
A studio apartment Fair Market Rent in Peoria is $470/mo. In Salt Lake City it is $754/mo.