RentMark

Salt Lake City, UT Fair Market Rent (FY2026)

Salt Lake City, UT HUD Metro FMR Area · UT · 1 county · pop. 1,180,643 (2023)

The FY2026 Fair Market Rent for a 2-bedroom in Salt Lake City, UT is $1,747/month. Across bedroom sizes the HUD FMR runs from $1,259 (studio) to $2,666 (4-bedroom). That 2-bedroom figure is $772 above the US national median FMR of $975 — far above the national median FMR — and ranks #39 of 75 among the largest metros (1 = most expensive). FMR is the federal voucher rent standard, not the market median.

Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.

Salt Lake City, UT FMR by bedroom size

Unit sizeMonthly FMR≈ WeeklyAnnual
Studio / efficiency$1,259$291$15,108
1-bedroom$1,456$336$17,472
2-bedroom$1,747$403$20,964
3-bedroom$2,333$539$27,996
4-bedroom$2,666$616$31,992

Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.

Weekly and annual figures are simple conversions of the monthly FMR (÷4.33 and ×12). The monthly FMR is HUD's published value. Verify on huduser.gov.

What this FMR means

Fair Market Rent is HUD's estimate of the 40th-percentile gross rent — contract rent plus tenant-paid utilities — for a modest, non-luxury unit in Salt Lake City, UT. It is recalculated each fiscal year from American Community Survey rent data and a current-year inflation factor. Public housing agencies use the FMR to set Housing Choice Voucher (Section 8) payment standards, typically 90–110% of the FMR. A higher FMR means the program will cover a higher rent in this area; it does not mean landlords charge exactly this much.

Salt Lake City, UT vs its state and the US

How Salt Lake City, UT's 2-bedroom FMR compares with Utah and the national median. Source: HUD FY2026.
Benchmark2-bedroom FMR
Salt Lake City, UT$1,747
Utah state median$1,153
US national median$975

Salt Lake City, UT sits in Utah, where the median area's 2-bedroom FMR is $1,153 and areas range from $973 to $2,185.

Metro areas with a similar FMR

The five areas closest to Salt Lake City, UT on the 2-bedroom FMR scale:

Salt Lake City, UT and its nearest-FMR peers. Source: HUD FY2026 Fair Market Rents.
Metro areaStudio1 BR2 BR3 BR4 BR
Salt Lake City, UT (this area)$1,259$1,456$1,747$2,333$2,666
Raleigh-Cary, NC$1,524$1,596$1,750$2,196$2,936
Las Vegas-Henderson-North Las Vegas, NV$1,333$1,478$1,735$2,413$2,764
Nashville-Davidson--Murfreesboro--Franklin, TN$1,507$1,578$1,730$2,211$2,696
Providence-Fall River, RI-MA$1,318$1,402$1,729$2,087$2,480
Fort Worth-Arlington, TX$1,427$1,473$1,723$2,273$2,815

Frequently asked questions

What is the FY2026 Fair Market Rent for a 2-bedroom in Salt Lake City, UT?

The FY2026 HUD Fair Market Rent for a two-bedroom unit in the Salt Lake City, UT HUD Metro FMR Area is $1,747 per month. FMR is the 40th-percentile gross rent (including utilities) HUD uses to set Housing Choice Voucher payment standards — it is not the local market median. Verify the current figure at huduser.gov.

What are the FMRs for other bedroom sizes in Salt Lake City, UT?

In FY2026 the FMRs are $1,259 (studio), $1,456 (1-bedroom), $1,747 (2-bedroom), $2,333 (3-bedroom) and $2,666 (4-bedroom) per month. Larger units have higher FMRs because they assume more bedrooms and occupants.

Is rent in Salt Lake City, UT high compared with the rest of the US?

Its 2-bedroom FMR of $1,747 is $772 above the national median FMR of $975 (+79%) — far above the national median FMR. Among the 75 largest metros it ranks #39 of 75 by 2-bedroom FMR (1 = most expensive).

Does the FMR mean my voucher will cover that much rent?

Not exactly. The local public housing agency (PHA) sets a "payment standard" usually between 90% and 110% of the FMR, and your subsidy is based on that standard minus roughly 30% of your adjusted income. The FMR is the benchmark, not a guaranteed amount — check with the PHA that serves Salt Lake City, UT.

Keep exploring

Source & accuracy

FY2026 Fair Market Rents, U.S. Dept. of Housing & Urban Development — HUD USER (public domain). FMR is the federal voucher rent standard, not the market median. Figures are a June 2026 snapshot of HUD's revised final FY2026 file; verify the current value on huduser.gov before relying on it.

Last updated: 2026-06-20