Preston Hollow
4150 S 300 E,
Salt Lake City, UT 84107
$1,099 - $1,837
1-3 Beds
Characterized by densely populated residential areas and the occasional small shopping center, Millcreek is a safe and comfortable place to live. While not as trendy as Sugarhouse to the north, the neighborhood provides plenty of dining and entertainment options. Families, in particular, love Millcreek for its low crime rate and highly-rated schools. Millcreek lies just 7 miles south of downtown Salt Lake City, making for a short drive even in the heaviest traffic. Many residents live in the area and commute to the downtown businesses or the University of Utah; Millcreek also lies within a 30-minute drive of many southern suburbs. Just 15 minutes to the east, the Wasatch Mountains provide hiking and skiing opportunities.
As of March 2026, the average apartment rent in Millcreek is $1,313 for a studio, $1,382 for one bedroom, $1,550 for two bedrooms, and $2,019 for three bedrooms. Apartment rent in Millcreek has decreased by -3.5% in the past year.
Studio
556 sq ft
Average Sq Ft
$1,313/month
Average Rent
1 BR
707 sq ft
Average Sq Ft
$1,382/month
Average Rent
2 BR
1,007 sq ft
Average Sq Ft
$1,550/month
Average Rent
3 BR
1,388 sq ft
Average Sq Ft
$2,019/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Millcreek - Salt Lake City, UT is for everyday living.
Somewhat Walkable
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
You'll likely want a car when living in this area since it has few transit options.
Bikeable
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.