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Rental Market Trends in Salt Lake City, UT

Updated July 2026

The average rent in Salt Lake City, UT is $1,427/month.

Rent in Salt Lake City is roughly equal to the national average rent of of $1,663/month.

$1,427/month

Average Rent

658 Sq Ft

Average Size

-2%

Change / Year

6,938

Available Apartments

Salt Lake City rent varies by unit size and layout:

  • Studio apartments in Salt Lake City average $1,168 per month.
  • One-bedroom apartments in Salt Lake City average $1,427 per month.
  • Two-bedroom apartments in Salt Lake City average $1,842 per month.
  • Three-bedroom apartments in Salt Lake City average $2,247 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,168/month
433 Sq Ft
One Bedroom
$1,427/month
658 Sq Ft
Two Bedroom
$1,842/month
984 Sq Ft
Three Bedroom
$2,247/month
1,320 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$992/month
481 Sq Ft
Two Bedroom
$2,206/month
1,141 Sq Ft
Three Bedroom
$2,644/month
1,591 Sq Ft
Four Bedroom
$3,178/month
2,192 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,359/month
590 Sq Ft
Two Bedroom
$1,845/month
1,047 Sq Ft
Three Bedroom
$2,451/month
1,493 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,273/month
469 Sq Ft
Two Bedroom
$1,931/month
918 Sq Ft
Three Bedroom
$2,657/month
1,412 Sq Ft
Four Bedroom
$3,513/month
730 Sq Ft
View Salt Lake City Apartments

How much has average rent changed in Salt Lake City, UT?

In the past year, rent has decreased by 2%, which averages out to $28 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Salt Lake City, UT

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Salt Lake City, UT
Percentage*
Rent Range
3% Below $700/month
16% $700 - $1,000/month
45% $1,001 - $1,500/month
23% $1,501 - $2,000/month
13% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Salt Lake City?

Based on current rent prices, Rose Park, Fairpark and Jordan Meadows are the most affordable neighborhoods in Salt Lake City.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Rose Park
$1,103/month
581 Sq Ft
Fairpark
$1,246/month
651 Sq Ft
Jordan Meadows
$1,274/month
627 Sq Ft
East Millcreek
$1,307/month
605 Sq Ft
South Salt Lake City
$1,357/month
638 Sq Ft
Millcreek
$1,366/month
702 Sq Ft
Poplar Grove
$1,375/month
657 Sq Ft
People's Freeway
$1,385/month
590 Sq Ft
Glendale
$1,412/month
627 Sq Ft
East Central
$1,418/month
641 Sq Ft

What are the most expensive neighborhoods in Salt Lake City?

Based on current rent prices, The Avenues Historic District, Greater Avenues and Central Salt Lake City are the most expensive neighborhoods in Salt Lake City.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
The Avenues Historic District
$2,220/month
733 Sq Ft
Greater Avenues
$2,130/month
719 Sq Ft
Central Salt Lake City
$1,831/month
691 Sq Ft
Downtown Salt Lake City
$1,827/month
693 Sq Ft
Sugar House
$1,744/month
723 Sq Ft
Canyon Rim
$1,665/month
697 Sq Ft
Arcadia Heights
$1,504/month
747 Sq Ft
Capitol Hill
$1,467/month
672 Sq Ft
East Central
$1,418/month
641 Sq Ft
Glendale
$1,412/month
627 Sq Ft

Which Salt Lake City neighborhoods have the most rentals available?

The neighborhoods in Salt Lake City with the most apartments available are Downtown Salt Lake City, Central Salt Lake City and Poplar Grove .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Salt Lake City
$1,827/month
693 Sq Ft
Central Salt Lake City
$1,831/month
691 Sq Ft
Poplar Grove
$1,375/month
657 Sq Ft
Millcreek
$1,366/month
702 Sq Ft
Greater Avenues
$2,130/month
719 Sq Ft
South Salt Lake City
$1,357/month
638 Sq Ft
Sugar House
$1,744/month
723 Sq Ft
The Avenues Historic District
$2,220/month
733 Sq Ft
Capitol Hill
$1,467/month
672 Sq Ft
Jordan Meadows
$1,274/month
627 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Salt Lake City, UT?

Because the average rent in Salt Lake City is $1,427, you’ll want to make about $4,756 per month or $57,072 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Salt Lake City, UT is 4.6% higher than the national average. Generally, housing in Salt Lake City is 20.3% more expensive than the national average, with rent falling between $1,168 - $2,247. You can expect to pay 1.8% less for groceries, 16.1% less for utilities, and 3.2% more for transportation.

City

Salt Lake City, UT

6,938 Available Apartments for Rent

Search for Nearby Apartments

How does Salt Lake City, UT compare to other nearby cities and neighborhoods?

Use the tool below to compare Salt Lake City, UT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Salt Lake City Area Guide

Apartment Averages

Rose Park

Salt Lake City, UT

The Avenues Historic District

Salt Lake City, UT

Studio
-
-
One Bedroom
$996/month
-
Two Bedroom
$1,162/month
-
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • South Salt Lake

    South Salt Lake

  • Woods Cross

    Woods Cross

  • Millcreek

    Millcreek

  • Bountiful

    Bountiful

  • West Valley City

    West Valley City

  • Taylorsville

    Taylorsville

  • Murray

    Murray

Apartment Communities in Salt Lake City We Think You'll Love

Brigham Apartments

Brigham Apartments

201 E South Temple,
Salt Lake City, UT 84111

1-3 Beds | $1,608 - $2,956

Reverie

Reverie

4410 S Main St,
Salt Lake City, UT 84107

Studio - 2 Beds | $1,467 - $2,812

Skyhouse Apartments

Skyhouse Apartments

308 W North Temple,
Salt Lake City, UT 84103

Studio - 2 Beds | $1,689 - $3,105

Camber

Camber

320 N 490 W,
Salt Lake City, UT 84103

Studio - 3 Beds | $1,728 - $4,169

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Frequently Asked Questions

What is the average rent in Salt Lake City?

The average rent in Salt Lake City is $1,427 per month, which is 14.2% lower than the national average of $1,663.

What is the average rent for a house in Salt Lake City?

The average rent for a house in Salt Lake City, UT is $2,644 per month.

What is the average rent for a townhome in Salt Lake City?

The average rent for a townhome in Salt Lake City, UT is $1,931 per month.

What is the average rent for a condo in Salt Lake City?

The average rent for a condo in Salt Lake City, UT is $1,359 per month.

Are rents going up or down in Salt Lake City?

Rents in Salt Lake City, UT are decreasing, with prices down 2.0% year-over-year and $28 less per month.

What rent range is most common in Salt Lake City?

In Salt Lake City, UT, 45% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Utah Salt Lake City Rental Trends

Methodology

† 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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity