Salt Lake City vs Santa Cruz-Watsonville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Salt Lake City is 56% cheaper for renters. A 2-bedroom rents for $1,127/mo vs $1,760/mo in Santa Cruz-Watsonville — saving $7,596/year.
Rent by Unit Size
| Unit Size | Salt Lake City | Santa Cruz-Watsonville | Difference |
|---|---|---|---|
| Studio | $754 | $1,172 | $418 |
| 1 Bedroom | $912 | $1,475 | $563 |
| 2 Bedrooms | $1,127 | $1,760 | $633 |
| 3 Bedrooms | $1,352 | $2,195 | $843 |
| 4 Bedrooms | $1,632 | $2,530 | $898 |
| Median Income | $77,224 | $89,493 | $12,269 |
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
Santa Cruz-Watsonville
- Studio
- $1,172/mo
- 1 BR
- $1,475/mo
- 2 BR
- $1,760/mo
- 3 BR
- $2,195/mo
- 4 BR
- $2,530/mo
- Median Income
- $89,493/yr
Frequently Asked Questions
Is Salt Lake City or Santa Cruz-Watsonville cheaper to rent in?
Salt Lake City is cheaper — a 2-bedroom Fair Market Rent is $1,127/mo vs $1,760/mo in Santa Cruz-Watsonville. That's $633/mo or $7,596/year more expensive in Santa Cruz-Watsonville (56% higher).
What is the 2-bedroom rent in Salt Lake City vs Santa Cruz-Watsonville?
The HUD Fair Market Rent for a 2-bedroom in Salt Lake City is $1,127/month. In Santa Cruz-Watsonville, a 2-bedroom FMR is $1,760/month.
How do incomes compare between Salt Lake City and Santa Cruz-Watsonville?
The median household income in Salt Lake City is $77,224/year. In Santa Cruz-Watsonville it is $89,493/year. Santa Cruz-Watsonville has the higher median income.
What is the studio rent in Salt Lake City vs Santa Cruz-Watsonville?
A studio apartment Fair Market Rent in Salt Lake City is $754/mo. In Santa Cruz-Watsonville it is $1,172/mo.