Murray, UT Rental Market Trends
What is the average rent in Murray?
The average rent for an apartment in Murray is $1,146, a 3% increase compared to the previous year, when the average rent was $1,107. Read the full Rent Report to learn more details on how apartment rents compare to other locations in the area, and what are the most affordable or most expensive cities for renting around Salt Lake City, UT.
Average Rent in Murray, UT
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,146 | 3% | 867 sq. ft. |
What is the average apartment size in Murray?
The average size for a Murray, UT apartment is 867 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.
Murray, UT Apartment Rent Ranges
- $701-$1,00024%
- $1,001-$1,50070%
- $1,501-$2,0005%
Murray, UT Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
7,207 or 37% of the households in Murray, UT are renter-occupied while 11,877 or 62% are owner-occupied.
Murray, UT Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Murray, UT | $1,032 | $1,033 | $1,077 | $1,073 | $1,102 | $1,116 | $1,107 | $1,120 | $1,137 | $1,146 |
| National | $1,346 | $1,355 | $1,359 | $1,356 | $1,391 | $1,398 | $1,400 | $1,390 | $1,395 | $1,407 |
Average Rent in Murray, UT By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Sugar House | $1,412 |
| Central City | $1,401 |
| Capitol Hill | $1,350 |
| East Bench | $1,347 |
| The Avenues | $1,346 |
| Downtown Salt Lake City | $1,345 |
| Liberty Wells | $1,338 |
| Ballpark | $1,295 |
| Cottonwood Heights | $1,283 |
| Holladay | $1,266 |
| Yalecrest | $1,252 |
| South Salt Lake | $1,168 |
| Glendale | $1,124 |
| Taylorsville | $1,099 |
| Poplar Grove | $1,091 |
| Jordan Meadows | $1,077 |
| Rose Park | $1,077 |
| Westpointe | $1,077 |
| Foothills Sunnyside | $1,047 |
| University Of Utah | $1,047 |
What are the most affordable neighborhoods in Murray?
The most affordable neighborhoods in Murray are Foothills Sunnyside, where the average rent goes for $1,047/month, University Of Utah, where renters pay $1,047/mo on average, and Jordan Meadows, where the average rent goes for $1,077/mo. If you’re looking for other great deals, check out the listings from Rose Park ($1,077), Westpointe ($1,077), and Poplar Grove ($1,091), where the asking prices are below the average Murray rent of $1,146/mo.
What are the most expensive neighborhoods in Murray?
The most expensive neighborhoods in Murray are Capitol Hill ($1,350), Central City ($1,401) and Sugar House ($1,412).
What are the most popular neighborhoods in Murray?
The most popular neighborhood in Murray is Downtown Salt Lake City, where there are 8 verified RENTCafé listings with an average rent of $1,345. Next up is Central City, where apartments go for $1,401/month, followed by South Salt Lake with $1,168 If you’re looking to rent in Murray’s most popular neighborhoods, make sure to also check out Sugar House, where renters pay $1,412 on average, and Capitol Hill, where the average monthly rent is $1,350.
Murray | Rent Comparison by Neighborhood
Rent in Ballpark is 4% lower than in Capitol Hill
Ballpark rent is 13% higher than Murray average
| Average Rent | $1,295 |
|---|
Capitol Hill rent is 18% higher than Murray average
| Average Rent | $1,350 |
|---|
How Murray Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Salt Lake City | $1,272 | 2% |
| Provo | $1,459 | 7% |
| Midvale | $1,148 | 1% |
| Sandy | $1,345 | 3% |
| Orem | $1,294 | 4% |
| Draper | $1,345 | 4% |
| Ogden | $1,142 | 8% |
| West Jordan | $1,239 | 4% |
| South Salt Lake | $1,168 | 3% |
| Murray | $1,146 | 3% |
| West Valley City | $1,203 | 5% |