Reno vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salt Lake City is 7% cheaper for renters. A 2-bedroom rents for $1,127/mo vs $1,208/mo in Reno — saving $972/year.
Rent by Unit Size
| Unit Size | Reno | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $773 | $754 | $19 |
| 1 Bedroom | $946 | $912 | $34 |
| 2 Bedrooms | $1,208 | $1,127 | $81 |
| 3 Bedrooms | $1,422 | $1,352 | $70 |
| 4 Bedrooms | $1,636 | $1,632 | $4 |
| Median Income | $59,858 | $77,224 | $17,366 |
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
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 Reno or Salt Lake City cheaper to rent in?
Salt Lake City is cheaper — a 2-bedroom Fair Market Rent is $1,127/mo vs $1,208/mo in Reno. That's $81/mo or $972/year more expensive in Reno (7% higher).
What is the 2-bedroom rent in Reno vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Reno is $1,208/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Reno and Salt Lake City?
The median household income in Reno is $59,858/year. In Salt Lake City it is $77,224/year. Salt Lake City has the higher median income.
What is the studio rent in Reno vs Salt Lake City?
A studio apartment Fair Market Rent in Reno is $773/mo. In Salt Lake City it is $754/mo.