Salt Lake City, UT Rental Market Trends

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Salt Lake City, UT

Last updated: November 18, 2025

Salt Lake City, UT rent trends

Rental prices in Salt Lake City, UT have increased by 0.3% over the past year. The average rent moved from $1,582 to $1,586.

What's the typical rent budget in Salt Lake City, UT?

The largest share of rentals in Salt Lake City, UT (48%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Salt Lake City, UT?

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Salt Lake City, UT By Neighborhood

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Salt Lake City | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Ballpark is 34% lower than in Capitol Hill

$1,247

Ballpark rent is 21% lower than Salt Lake City average

Average Rent $1,247
$1,899

Capitol Hill rent is 20% higher than Salt Lake City average

Average Rent $1,899

How Salt Lake City Compares to Other Cities

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Salt Lake City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.