Salem vs Salt Lake City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salt Lake City is 1% cheaper for renters. A 2-bedroom rents for $1,127/mo vs $1,137/mo in Salem — saving $120/year.
Rent by Unit Size
| Unit Size | Salem | Salt Lake City | Difference |
|---|---|---|---|
| Studio | $741 | $754 | $13 |
| 1 Bedroom | $913 | $912 | $1 |
| 2 Bedrooms | $1,137 | $1,127 | $10 |
| 3 Bedrooms | $1,411 | $1,352 | $59 |
| 4 Bedrooms | $1,615 | $1,632 | $17 |
| Median Income | $53,953 | $77,224 | $23,271 |
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
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 Salem or Salt Lake City cheaper to rent in?
Salt Lake City is cheaper — a 2-bedroom Fair Market Rent is $1,127/mo vs $1,137/mo in Salem. That's $10/mo or $120/year more expensive in Salem (1% higher).
What is the 2-bedroom rent in Salem vs Salt Lake City?
The HUD Fair Market Rent for a 2-bedroom in Salem is $1,137/month. In Salt Lake City, a 2-bedroom FMR is $1,127/month.
How do incomes compare between Salem and Salt Lake City?
The median household income in Salem is $53,953/year. In Salt Lake City it is $77,224/year. Salt Lake City has the higher median income.
What is the studio rent in Salem vs Salt Lake City?
A studio apartment Fair Market Rent in Salem is $741/mo. In Salt Lake City it is $754/mo.