Salt Lake City vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 57% cheaper for renters. A 2-bedroom rents for $720/mo vs $1,127/mo in Salt Lake City — saving $4,884/year.
Rent by Unit Size
| Unit Size | Salt Lake City | Springfield | Difference |
|---|---|---|---|
| Studio | $754 | $490 | $264 |
| 1 Bedroom | $912 | $583 | $329 |
| 2 Bedrooms | $1,127 | $720 | $407 |
| 3 Bedrooms | $1,352 | $925 | $427 |
| 4 Bedrooms | $1,632 | $987 | $645 |
| Median Income | $77,224 | $37,539 | $39,685 |
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
Springfield
- Studio
- $490/mo
- 1 BR
- $583/mo
- 2 BR
- $720/mo
- 3 BR
- $925/mo
- 4 BR
- $987/mo
- Median Income
- $37,539/yr
Frequently Asked Questions
Is Salt Lake City or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $1,127/mo in Salt Lake City. That's $407/mo or $4,884/year more expensive in Salt Lake City (57% higher).
What is the 2-bedroom rent in Salt Lake City vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Salt Lake City is $1,127/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Salt Lake City and Springfield?
The median household income in Salt Lake City is $77,224/year. In Springfield it is $37,539/year. Salt Lake City has the higher median income.
What is the studio rent in Salt Lake City vs Springfield?
A studio apartment Fair Market Rent in Salt Lake City is $754/mo. In Springfield it is $490/mo.