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Park City, UT Rental Market Trends

Highlights

The average rent for an apartment in Park City is $1,334, a 4% increase compared to the previous year, when the average rent was $1,279.

Average Rent in Park City, UT

Last updated January 2020
Average Rent Y-o-Y Change Average Apartment Size
$1,334 4% 690 sq. ft.

The average size for a Park City, UT apartment is 690 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.

Park City, UT Apartment Rent Ranges

  • $1,001-$1,50085%
  • $1,501-$2,00015%

Park City, UT Occupied Housing Units

  • Renter-occupied Households37%
  • Owner-occupied Households62%

1,287 or 37% of the households in Park City, UT are renter-occupied while 2,120 or 62% are owner-occupied.

Park City, UT Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Jan / 2020
Park City, UT $1,232 $1,193 $1,147 $1,238 $1,238 $1,279 $1,280 $1,279 $1,334
National $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,474
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How Park City Compares to Other Cities

Average Rent Y-o-Y Change
Salt Lake City $1,245 3%
Clearfield $1,031 n/a
Layton $1,066 4%
Lehi $1,367 5%
Roy $1,121 n/a
Murray $1,116 4%
Sandy $1,256 2%
Park City $1,334 4%
Bountiful $1,143 n/a
Cottonwood Heights $1,270 5%
Holladay $1,248 5%

For more information about the Park City rental trends, check out our monthly rent report

Check out Utah Cities, Utah Neighborhoods and Utah Zip Codes for more details on verified listings, including the Utah Average Rent.

Curious about listings in your area? Check out our apartments near you for more details!

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Park City apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.