Millcreek, Salt Lake County, UT Rental Market Trends
Highlights
The average rent for an apartment in Millcreek is $1,328, a 3% increase compared to the previous year, when the average rent was $1,294.
Average Rent in Millcreek, Salt Lake County, UT
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,328 | 3% | 933 sq. ft. |
The average size for a Millcreek, Salt Lake County, UT apartment is 933 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.
Millcreek, Salt Lake County, UT Apartment Rent Ranges
- $701-$1,00013%
- $1,001-$1,50058%
- $1,501-$2,00026%
- > $2,0003%
Millcreek, Salt Lake County, UT Occupied Housing Units
- Renter-occupied Households39%
- Owner-occupied Households60%
9,428 or 39% of the households in Millcreek, Salt Lake County, UT are renter-occupied while 14,628 or 60% are owner-occupied.
Millcreek, Salt Lake County, UT Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Millcreek, Salt Lake County, UT | $1,198 | $1,198 | $1,253 | $1,271 | $1,295 | $1,294 | $1,294 | $1,299 | $1,328 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
Average Rent in Millcreek, Salt Lake County, UT By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Sugar House | $1,401 |
| Central City | $1,378 |
| East Bench | $1,349 |
| Downtown Salt Lake City | $1,330 |
| Liberty Wells | $1,328 |
| Capitol Hill | $1,311 |
| The Avenues | $1,307 |
| Ballpark | $1,290 |
| Yalecrest | $1,272 |
| Holladay | $1,251 |
| Cottonwood Heights | $1,249 |
| South Salt Lake | $1,163 |
| Glendale | $1,152 |
| Murray | $1,137 |
| Taylorsville | $1,108 |
| Poplar Grove | $1,092 |
| Foothills Sunnyside | $1,069 |
| University Of Utah | $1,069 |
| Jordan Meadows | $1,068 |
| Rose Park | $1,068 |
| Westpointe | $1,068 |
The most affordable neighborhoods in Millcreek are Jordan Meadows, where the average rent goes for $1,068/month, Rose Park, where renters pay $1,068/mo on average, and Westpointe, where the average rent goes for $1,068/mo. If you’re looking for other great deals, check out the listings from Foothills Sunnyside ($1,069), University Of Utah ($1,069), and Poplar Grove ($1,092), where the asking prices are below the average Millcreek rent of $1,328/mo.
The most expensive neighborhoods in Millcreek are East Bench ($1,349), Central City ($1,378) and Sugar House ($1,401).
The most popular neighborhood in Millcreek is Downtown Salt Lake City, where there are 8 verified RENTCafé listings with an average rent of $1,330. Next up is South Salt Lake, where apartments go for $1,163/month, followed by Central City with $1,378 If you’re looking to rent in Millcreek’s most popular neighborhoods, make sure to also check out Murray, where renters pay $1,137 on average, and Taylorsville, where the average monthly rent is $1,108.
Millcreek | Rent Comparison by Neighborhood
Rent in Ballpark is 2% lower than in Capitol Hill
Ballpark rent is 3% lower than Millcreek average
| Average Rent | $1,290 |
|---|
Capitol Hill rent is 1% lower than Millcreek average
| Average Rent | $1,311 |
|---|
How Millcreek Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Salt Lake City | $1,253 | n/a |
| Provo | $1,453 | 3% |
| Midvale | $1,177 | 2% |
| Sandy | $1,290 | 3% |
| Draper | $1,326 | n/a |
| South Salt Lake | $1,163 | 2% |
| Murray | $1,137 | 2% |
| West Jordan | $1,214 | 3% |
| West Valley City | $1,190 | 5% |
| Taylorsville | $1,108 | 3% |
| Millcreek | $1,328 | 3% |
For more information about the Millcreek 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!