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

Last updated July 2023

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

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Salt Lake City, UT By Neighborhood

Neighborhood	Average Rent
Sugar House	$1,860
Central City	$1,794
Downtown Salt Lake City	$1,752
Liberty Wells	$1,720
Capitol Hill	$1,694
The Avenues	$1,689
Ballpark	$1,659
Holladay	$1,647
East Bench	$1,633
Cottonwood Heights	$1,629
Yalecrest	$1,562
South Salt Lake	$1,528
Glendale	$1,520
Murray	$1,519
Taylorsville	$1,468
Poplar Grove	$1,446
Jordan Meadows	$1,417
Rose Park	$1,417
Westpointe	$1,417
Foothills Sunnyside	$1,375
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?

The most expensive neighborhoods in Salt Lake City are Downtown Salt Lake City ($1,752), Central City ($1,794) and Sugar House ($1,860).

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

$1,659

Ballpark rent is 1% lower than Salt Lake City average

Average Rent	$1,659

$1,694

Capitol Hill rent is 2% higher than Salt Lake City average

Average Rent	$1,694

How Salt Lake City Compares to Other Cities

City	Average Rent
Salt Lake City	$1,662
Ogden	$1,296
Provo	$1,831
West Jordan	$1,658
Logan	$1,776
Sandy	$1,622
West Valley City	$1,568
Midvale	$1,548
Orem	$1,615
Layton	$1,448
Riverton	$1,778
Draper	$1,658
Murray	$1,519
South Salt Lake	$1,528
Herriman	$1,741
Clearfield	$1,563
South Jordan	$1,738
West Haven	$1,481
American Fork	$1,645
Bluffdale	$1,889
Eagle Mountain	$2,071

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.