FairRentWize

Reno vs Salem

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Salem is 6% cheaper for renters. A 2-bedroom rents for $1,137/mo vs $1,208/mo in Reno — saving $852/year.

Rent by Unit Size

Unit SizeRenoSalemDifference
Studio$773$741$32
1 Bedroom$946$913$33
2 Bedrooms$1,208$1,137$71
3 Bedrooms$1,422$1,411$11
4 Bedrooms$1,636$1,615$21
Median Income$59,858$53,953$5,905

Reno

Studio
$773/mo
1 BR
$946/mo
2 BR
$1,208/mo
3 BR
$1,422/mo
4 BR
$1,636/mo
Median Income
$59,858/yr
Full Reno profile →

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
Full Salem profile →

Frequently Asked Questions

Is Reno or Salem cheaper to rent in?
Salem is cheaper — a 2-bedroom Fair Market Rent is $1,137/mo vs $1,208/mo in Reno. That's $71/mo or $852/year more expensive in Reno (6% higher).
What is the 2-bedroom rent in Reno vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Reno is $1,208/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Reno and Salem?
The median household income in Reno is $59,858/year. In Salem it is $53,953/year. Reno has the higher median income.
What is the studio rent in Reno vs Salem?
A studio apartment Fair Market Rent in Reno is $773/mo. In Salem it is $741/mo.