Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,747$20,964 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Salt Lake County, UT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Salt Lake County, UT
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $1,259 | $15,108 | $50,360 | $24.21/hr |
| 1-Bedroom Apartment | $1,456 | $17,472 | $58,240 | $28.00/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,747 | $20,964 | $69,880 | $33.60/hr |
| 3-Bedroom Home | $2,333 | $27,996 | $93,320 | $44.87/hr |
| 4-Bedroom Home | $2,666 | $31,992 | $106,640 | $51.27/hr |
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Frequently Asked Questions About Rent in Salt Lake County, UT
What is the Fair Market Rent for a 2-bedroom in Salt Lake County, UT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Salt Lake County, UT is $1,747 per month ($20,964 per year).
What hourly wage is needed to afford rent in Salt Lake County, UT?
To comfortably afford a 2-bedroom apartment at $1,747/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $33.60 per hour ($69,880/year).
What are the HUD Fair Market Rents by bedroom count in Salt Lake County, UT?
Official 2026 HUD rents in Salt Lake County, UT are: Studio: $1,259/mo, 1-Bedroom: $1,456/mo, 2-Bedroom: $1,747/mo, 3-Bedroom: $2,333/mo, and 4-Bedroom: $2,666/mo.
How do HUD Fair Market Rents compare to local incomes in Salt Lake County, UT?
At the local Census ACS median household income of $97,494/year ($8,125/month), the benchmark 2-bedroom Fair Market Rent represents 21.5% of monthly income.
How is the 30% housing affordability standard calculated in Salt Lake County, UT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,747/month, the required minimum annual gross income is calculated as ($1,747 × 12) ÷ 0.30 = $69,880 per year.