Salt Lake City, UT Rental Market Trends
What is the average rent in Salt Lake City?
The average rent for an apartment in Salt Lake City is $1,636. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Salt Lake City, UT
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,636 | 819 sq. ft. |
What is the average apartment size in Salt Lake City?
The average size for a Salt Lake City, UT apartment is 819 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Salt Lake City, UT apartment rent ranges
Salt Lake City, UT Occupied Housing Units
45,303 or 53% of the households in Salt Lake City, UT are renter-occupied while 40,132 or 47% are owner-occupied.
Salt Lake City, UT rent trends
Average Rent in Salt Lake City, UT By Neighborhood
| City | Average Rent |
|---|---|
| Sugar House | $1,819 |
| Central City | $1,818 |
| Downtown Salt Lake City | $1,725 |
| Liberty Wells | $1,707 |
| Capitol Hill | $1,673 |
| Ballpark | $1,623 |
| Holladay | $1,592 |
| Cottonwood Heights | $1,588 |
| South Salt Lake | $1,531 |
| Murray | $1,489 |
| Taylorsville | $1,458 |
| Glendale | $1,449 |
| Rose Park | $1,389 |
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What are the most affordable neighborhoods in Salt Lake City?
The most affordable neighborhoods in Salt Lake City are Rose Park, where the average rent goes for $1,389/month, Glendale, where renters pay $1,449/mo on average, and Taylorsville, where the average rent goes for $1,458/mo. If you’re looking for other great deals, check out the listings from Murray ($1,489), South Salt Lake ($1,531), and Cottonwood Heights ($1,588), where the asking prices are below the average Salt Lake City rent of $1,636/mo.
What are the most expensive neighborhoods in Salt Lake City?
The most expensive neighborhoods in Salt Lake City are Downtown Salt Lake City ($1,725), Central City ($1,818) and Sugar House ($1,819).
What are the most popular neighborhoods in Salt Lake City?
The most popular neighborhood in Salt Lake City is Downtown Salt Lake City, where there are 4 listings with an average rent of $1,725. Next up is Central City, where apartments go for $1,818/month, followed by Glendale with $1,449 If you’re looking to rent in Salt Lake City’s most popular neighborhoods, make sure to also check out Rose Park, where renters pay $1,389 on average, and Ballpark, where the average monthly rent is $1,623.
Salt Lake City | Rent Comparison by Neighborhood
Rent in Ballpark is 3% lower than in Capitol Hill
$1,623
Ballpark rent is 1% lower than Salt Lake City average
Average Rent
$1,623
$1,673
Capitol Hill rent is 2% higher than Salt Lake City average
Average Rent
$1,673
How Salt Lake City Compares to Other Cities
What is the average price for a storage unit in Salt Lake City?
The average rent for a non-climate-controlled 10'x10' storage unit in Salt Lake City is $116.96. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Salt Lake City
~test~ Argyle Apartment's
1200 Sportster Way, Salt Lake City, UT 84095| 1 BED | N/A |
| 2 BEDS | $2,800 |
15 West California Avenue
15 West California Avenue, Salt Lake City, UT 84104| STUDIO | $1,000 |
| 3 BEDS | N/A |
| 5 BEDS | $3,000 |
497 Morton Drive
497 Morton Drive, Salt Lake City, UT 84116| 1 BED | $800 |
| 2 BEDS | $900 |
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Irving Schoolhouse Apartments
1155 East 2100 South, Salt Lake City, UT 84106| 1 BED | $750 |
| 2 BEDS | $900 |