Salt Lake City vs Santa Fe
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 $1,135/mo in Santa Fe — saving $96/year.
Rent by Unit Size
| Unit Size | Salt Lake City | Santa Fe | Difference |
|---|---|---|---|
| Studio | $754 | $754 | $0 |
| 1 Bedroom | $912 | $923 | $11 |
| 2 Bedrooms | $1,127 | $1,135 | $8 |
| 3 Bedrooms | $1,352 | $1,361 | $9 |
| 4 Bedrooms | $1,632 | $1,696 | $64 |
| Median Income | $77,224 | $59,153 | $18,071 |
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 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 Salt Lake City or Santa Fe cheaper to rent in?
Salt Lake City is cheaper — a 2-bedroom Fair Market Rent is $1,127/mo vs $1,135/mo in Santa Fe. That's $8/mo or $96/year more expensive in Santa Fe (1% higher).
What is the 2-bedroom rent in Salt Lake City vs Santa Fe?
The HUD Fair Market Rent for a 2-bedroom in Salt Lake City is $1,127/month. In Santa Fe, a 2-bedroom FMR is $1,135/month.
How do incomes compare between Salt Lake City and Santa Fe?
The median household income in Salt Lake City is $77,224/year. In Santa Fe it is $59,153/year. Salt Lake City has the higher median income.
What is the studio rent in Salt Lake City vs Santa Fe?
A studio apartment Fair Market Rent in Salt Lake City is $754/mo. In Santa Fe it is $754/mo.