Salt Lake City vs Winston-Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Winston-Salem is 40% cheaper for renters. A 2-bedroom rents for $807/mo vs $1,127/mo in Salt Lake City — saving $3,840/year.
Rent by Unit Size
| Unit Size | Salt Lake City | Winston-Salem | Difference |
|---|---|---|---|
| Studio | $754 | $531 | $223 |
| 1 Bedroom | $912 | $652 | $260 |
| 2 Bedrooms | $1,127 | $807 | $320 |
| 3 Bedrooms | $1,352 | $1,030 | $322 |
| 4 Bedrooms | $1,632 | $1,189 | $443 |
| Median Income | $77,224 | $47,140 | $30,084 |
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
Winston-Salem
- Studio
- $531/mo
- 1 BR
- $652/mo
- 2 BR
- $807/mo
- 3 BR
- $1,030/mo
- 4 BR
- $1,189/mo
- Median Income
- $47,140/yr
Frequently Asked Questions
Is Salt Lake City or Winston-Salem cheaper to rent in?
Winston-Salem is cheaper — a 2-bedroom Fair Market Rent is $807/mo vs $1,127/mo in Salt Lake City. That's $320/mo or $3,840/year more expensive in Salt Lake City (40% higher).
What is the 2-bedroom rent in Salt Lake City vs Winston-Salem?
The HUD Fair Market Rent for a 2-bedroom in Salt Lake City is $1,127/month. In Winston-Salem, a 2-bedroom FMR is $807/month.
How do incomes compare between Salt Lake City and Winston-Salem?
The median household income in Salt Lake City is $77,224/year. In Winston-Salem it is $47,140/year. Salt Lake City has the higher median income.
What is the studio rent in Salt Lake City vs Winston-Salem?
A studio apartment Fair Market Rent in Salt Lake City is $754/mo. In Winston-Salem it is $531/mo.