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Rental Market Trends in Salt Lake City, UT

What is the average rent in Salt Lake City, UT?

$1,429/month

Average Rent

658 Sq Ft

Average Apartment Size

-3.4%

Decrease in the Last Year

Salt Lake City, UT Rental Market Overview

The average rent in Salt Lake City, UT is $1,429 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Salt Lake City rent prices are 13% lower than the national average.

  • Studio apartments in Salt Lake City average $1,170 per month.
  • One-bedroom apartments in Salt Lake City average $1,429 per month.
  • Two-bedroom apartments in Salt Lake City average $1,836 per month.
  • Three-bedroom apartments in Salt Lake City average $2,240 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,170/month
434 Sq Ft
One Bedroom
$1,429/month
658 Sq Ft
Two Bedroom
$1,836/month
988 Sq Ft
Three Bedroom
$2,240/month
1,321 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,257/month
333 Sq Ft
Two Bedroom
$1,953/month
828 Sq Ft
Three Bedroom
$2,701/month
1,453 Sq Ft
Four Bedroom
$3,296/month
2,357 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,403/month
586 Sq Ft
Two Bedroom
$1,776/month
897 Sq Ft
Three Bedroom
$2,091/month
1,343 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,406/month
532 Sq Ft
Two Bedroom
$1,930/month
812 Sq Ft
Three Bedroom
$2,568/month
1,013 Sq Ft
Four Bedroom
$4,279/month
475 Sq Ft

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

In the past year, rent has decreased by 3.4%, which averages out to $48 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Salt Lake City, UT
Last Updated June 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
13% $700 - $1,000/month
47% $1,001 - $1,500/month
23% $1,501 - $2,000/month
13% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Salt Lake City?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Rose Park
$1,081/month
588 Sq Ft
Jordan Meadows
$1,238/month
629 Sq Ft
Fairpark
$1,340/month
672 Sq Ft
East Millcreek
$1,373/month
612 Sq Ft
Millcreek
$1,376/month
696 Sq Ft
People's Freeway
$1,397/month
597 Sq Ft
South Salt Lake City
$1,409/month
640 Sq Ft
Poplar Grove
$1,413/month
670 Sq Ft
Glendale
$1,452/month
622 Sq Ft
East Salt Lake City
$1,469/month
753 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
$2,421/month
741 Sq Ft
Greater Avenues
$2,309/month
725 Sq Ft
Central Salt Lake City
$1,905/month
696 Sq Ft
Downtown Salt Lake City
$1,848/month
688 Sq Ft
Sugar House
$1,824/month
699 Sq Ft
Capitol Hill
$1,724/month
693 Sq Ft
Canyon Rim
$1,694/month
713 Sq Ft
East Central
$1,537/month
673 Sq Ft
East Salt Lake City
$1,469/month
753 Sq Ft
Glendale
$1,452/month
622 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
$1,848/month
688 Sq Ft
Central Salt Lake City
$1,905/month
696 Sq Ft
Poplar Grove
$1,413/month
670 Sq Ft
Millcreek
$1,376/month
696 Sq Ft
Greater Avenues
$2,309/month
725 Sq Ft
South Salt Lake City
$1,409/month
640 Sq Ft
Sugar House
$1,824/month
699 Sq Ft
The Avenues Historic District
$2,421/month
741 Sq Ft
Capitol Hill
$1,724/month
693 Sq Ft
Jordan Meadows
$1,238/month
629 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 $1,429, you’ll want to make about $4,763 per month or $57,156 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 4.8% higher than the national average. Generally, housing in Salt Lake City is 20.2% more expensive than the national average, with rent falling between $1,170 - $2,240. You can expect to pay 2.4% less for groceries, 15.3% less for utilities, and 5.9% more for transportation.

City

Salt Lake City, UT

7,265 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.

Explore the Area Guide for Salt Lake City, UT

Apartment Averages

Rose Park

Salt Lake City, UT

The Avenues Historic District

Salt Lake City, UT

Studio
-
-
One Bedroom
$974/month
-
Two Bedroom
$1,175/month
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • South Salt Lake Average Rent
  • Woods Cross Average Rent
  • Millcreek Average Rent
  • Bountiful Average Rent
  • West Valley City Average Rent
  • Taylorsville Average Rent
  • Murray Average Rent

Apartment communities in Salt Lake City we think you'll love

Brigham Apartments

Brigham Apartments

201 E South Temple,
Salt Lake City, UT 84111

$1,497 - $3,380 Total Monthly Price

1-3 Beds

Montaire Student Living

Montaire Student Living

1121 E Ashton Ave,
Salt Lake City, UT 84106

$1,199 - $2,075

Studio - 3 Beds

Camber

Camber

320 N 490 W,
Salt Lake City, UT 84103

$1,680 - $4,546 Total Monthly Price

Studio - 3 Beds

The Gauge

The Gauge

111 N Cornell St,
Salt Lake City, UT 84116

$1,267 - $2,588 Total Monthly Price

Studio - 2 Beds

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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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Equal Housing Opportunity