Raleigh-Cary vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Raleigh-Cary is 3% cheaper for renters. A 2-bedroom rents for $1,097/mo vs $1,127/mo in Salt Lake City — saving $360/year.
Rent by Unit Size
| Unit Size | Raleigh-Cary | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $760 | $754 | $6 |
| 1 Bedroom | $928 | $912 | $16 |
| 2 Bedrooms | $1,097 | $1,127 | $30 |
| 3 Bedrooms | $1,435 | $1,352 | $83 |
| 4 Bedrooms | $1,556 | $1,632 | $76 |
| Median Income | $70,678 | $77,224 | $6,546 |
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/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 Raleigh-Cary or Salt Lake City cheaper to rent in?
Raleigh-Cary is cheaper — a 2-bedroom Fair Market Rent is $1,097/mo vs $1,127/mo in Salt Lake City. That's $30/mo or $360/year more expensive in Salt Lake City (3% higher).
What is the 2-bedroom rent in Raleigh-Cary vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Raleigh-Cary is $1,097/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Raleigh-Cary and Salt Lake City?
The median household income in Raleigh-Cary is $70,678/year. In Salt Lake City it is $77,224/year. Salt Lake City has the higher median income.
What is the studio rent in Raleigh-Cary vs Salt Lake City?
A studio apartment Fair Market Rent in Raleigh-Cary is $760/mo. In Salt Lake City it is $754/mo.