Salt Lake City vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salt Lake City is 44% cheaper for renters. A 2-bedroom rents for $1,127/mo vs $1,623/mo in San Luis Obispo — saving $5,952/year.
Rent by Unit Size
| Unit Size | Salt Lake City | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $754 | $1,065 | $311 |
| 1 Bedroom | $912 | $1,360 | $448 |
| 2 Bedrooms | $1,127 | $1,623 | $496 |
| 3 Bedrooms | $1,352 | $2,039 | $687 |
| 4 Bedrooms | $1,632 | $2,372 | $740 |
| Median Income | $77,224 | $94,761 | $17,537 |
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
San Luis Obispo
- Studio
- $1,065/mo
- 1 BR
- $1,360/mo
- 2 BR
- $1,623/mo
- 3 BR
- $2,039/mo
- 4 BR
- $2,372/mo
- Median Income
- $94,761/yr
Frequently Asked Questions
Is Salt Lake City or San Luis Obispo cheaper to rent in?
Salt Lake City is cheaper — a 2-bedroom Fair Market Rent is $1,127/mo vs $1,623/mo in San Luis Obispo. That's $496/mo or $5,952/year more expensive in San Luis Obispo (44% higher).
What is the 2-bedroom rent in Salt Lake City vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Salt Lake City is $1,127/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Salt Lake City and San Luis Obispo?
The median household income in Salt Lake City is $77,224/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Salt Lake City vs San Luis Obispo?
A studio apartment Fair Market Rent in Salt Lake City is $754/mo. In San Luis Obispo it is $1,065/mo.