FY2026 Fair Market Rents — Salt Lake County
Studio
$1,259
1BR
$1,456
2BR
$1,747
3BR
$2,333
4BR
$2,666
Salt Lake County, Utah
FIPS 49035 · County-level FMR and income limit data
FMR Area: Salt Lake City, UT HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,259 | $15,108 |
| 1-Bedroom | $1,456 | $17,472 |
| 2-Bedroom | $1,747 | $20,964 |
| 3-Bedroom | $2,333 | $27,996 |
| 4-Bedroom | $2,666 | $31,992 |
To afford the FY2026 2-bedroom FMR of $1,747/mo under the 30%-of-income rule, a household needs about
$69,880/yr ($5,823/mo). Area Median Income is $126,100.
At UT's federal minimum wage of $7.25/hr, a worker would need to work 186 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,259 | $1,456 | $1,747 | $2,333 | $2,666 |
| FY2025 | $1,243 | $1,453 | $1,748 | $2,348 | $2,670 |
| FY2024 | $1,121 | $1,338 | $1,606 | $2,168 | $2,452 |
| FY2023 | $1,051 | $1,258 | $1,504 | $2,061 | $2,308 |
| FY2022 | $924 | $1,112 | $1,327 | $1,843 | $2,066 |
| FY2021 | $829 | $1,001 | $1,204 | $1,690 | $1,892 |
| FY2020 | $790 | $964 | $1,176 | $1,649 | $1,870 |
FY2026 Income Limits
Area Median Income: $126,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $26,500 | $30,300 | $34,100 | $37,850 | $40,900 | $44,360 |
| 50% AMI | $44,150 | $50,450 | $56,750 | $63,050 | $68,100 | $73,150 |
| 80% AMI | $70,650 | $80,750 | $90,850 | $100,900 | $109,000 | $117,050 |