Salem vs Santa Fe
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Santa Fe is 0% cheaper for renters. A 2-bedroom rents for $1,135/mo vs $1,137/mo in Salem — saving $24/year.
Rent by Unit Size
| Unit Size | Salem | Santa Fe | Difference |
|---|---|---|---|
| Studio | $741 | $754 | $13 |
| 1 Bedroom | $913 | $923 | $10 |
| 2 Bedrooms | $1,137 | $1,135 | $2 |
| 3 Bedrooms | $1,411 | $1,361 | $50 |
| 4 Bedrooms | $1,615 | $1,696 | $81 |
| Median Income | $53,953 | $59,153 | $5,200 |
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
Santa Fe
- Studio
- $754/mo
- 1 BR
- $923/mo
- 2 BR
- $1,135/mo
- 3 BR
- $1,361/mo
- 4 BR
- $1,696/mo
- Median Income
- $59,153/yr
Frequently Asked Questions
Is Salem or Santa Fe cheaper to rent in?
Santa Fe is cheaper — a 2-bedroom Fair Market Rent is $1,135/mo vs $1,137/mo in Salem. That's $2/mo or $24/year more expensive in Salem (0% higher).
What is the 2-bedroom rent in Salem vs Santa Fe?
The HUD Fair Market Rent for a 2-bedroom in Salem is $1,137/month. In Santa Fe, a 2-bedroom FMR is $1,135/month.
How do incomes compare between Salem and Santa Fe?
The median household income in Salem is $53,953/year. In Santa Fe it is $59,153/year. Santa Fe has the higher median income.
What is the studio rent in Salem vs Santa Fe?
A studio apartment Fair Market Rent in Salem is $741/mo. In Santa Fe it is $754/mo.