Salt Lake City, UT Rental Market Trends
What is the average rent in Salt Lake City?
The average rent for an apartment in Salt Lake City is $1,662. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Salt Lake City, UT
|Average Rent||Average Apartment Size|
|$1,662||823 sq. ft.|
What is the average apartment size in Salt Lake City?
The average size for a Salt Lake City, UT apartment is 823 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.
Salt Lake City, UT apartment rent ranges
Salt Lake City, UT Occupied Housing Units
43,004 or 52% of the households in Salt Lake City, UT are renter-occupied while 40,193 or 48% are owner-occupied.
Salt Lake City, UT rent trends
Average Rent in Salt Lake City, UT By Neighborhood
|Downtown Salt Lake City||$1,752|
|South Salt Lake||$1,528|
|University Of Utah||$1,375|
What are the most affordable neighborhoods in Salt Lake City?
The most affordable neighborhoods in Salt Lake City are Foothills Sunnyside, where the average rent goes for $1,375/month, University Of Utah, where renters pay $1,375/mo on average, and Jordan Meadows, where the average rent goes for $1,417/mo. If you’re looking for other great deals, check out the listings from Rose Park ($1,417), Westpointe ($1,417), and Poplar Grove ($1,446), where the asking prices are below the average Salt Lake City rent of $1,662/mo.
What are the most expensive neighborhoods in Salt Lake City?
What are the most popular neighborhoods in Salt Lake City?
The most popular neighborhood in Salt Lake City is Downtown Salt Lake City, where there are 20 listings with an average rent of $1,752. Next up is Central City, where apartments go for $1,794/month, followed by Sugar House with $1,860 If you’re looking to rent in Salt Lake City’s most popular neighborhoods, make sure to also check out Murray, where renters pay $1,519 on average, and South Salt Lake, where the average monthly rent is $1,528.
Salt Lake City | Rent Comparison by Neighborhood
Rent in Ballpark is 2% lower than in Capitol Hill
Ballpark rent is 1% lower than Salt Lake City average
Capitol Hill rent is 2% higher than Salt Lake City average
How Salt Lake City Compares to Other Cities
|Salt Lake City||$1,662|
|West Valley City||$1,568|
|South Salt Lake||$1,528|
What is the average price for a storage unit in Salt Lake City?
The average rent for a non-climate-controlled 10'x10' storage unit in Salt Lake City is $158.96. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.