Park City, UT Rental Market Trends
Highlights
The average rent for an apartment in Park City is $1,385, a 4% increase compared to the previous year, when the average rent was $1,334.
Average Rent in Park City, UT
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,385 | 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 Households30%
- Owner-occupied Households69%
894 or 30% of the households in Park City, UT are renter-occupied while 2,066 or 69% are owner-occupied.
Park City, UT Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Feb / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Park City, UT | $1,238 | $1,238 | $1,279 | $1,280 | $1,279 | $1,334 | $1,325 | $1,306 | $1,385 |
| National | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 |
How Park City Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Salt Lake City | $1,269 | 2% |
| Provo | $1,455 | 4% |
| West Jordan | $1,222 | 4% |
| West Valley City | $1,207 | 7% |
| Bountiful | $1,185 | 4% |
| Park City | $1,385 | 4% |
| Snyderville | $1,385 | 4% |
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!