Average Rent in Salt Lake City, UT
The Fair Market Rent for a 2-bedroom in Salt Lake City, UT is $1,747 per month, based on HUD data. With a median household income of $95,045, a household would spend 22.1% of income on housing at Fair Market Rent. Rent has increased 8.8% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,259 |
| 1 Bedroom | $1,456 |
| 2 Bedroom | $1,747 |
| 3 Bedroom | $2,333 |
| 4 Bedroom | $2,666 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $95,045 |
| Rent Burden (2BR FMR / Income) | 22.1% |
| Income Needed for 2BR (30% rule) | $69,880/yr |