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Average Rent in Salt Lake City, UT & Rent Trends

Rent prices and market trends across 13 apartment communities in Salt Lake City, UT. Updated daily.

Market Average

$1,449/mo

▲ +21.2% from last month

Lowest Available

$799/mo

cheapest unit on market

Communities

13

tracked daily

Units Listed

36

available now

Rent by Neighborhood in Salt Lake City, UT

Compare average rent across Salt Lake City, UT neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent From Properties Units
Central City $2,484 $1,355 2 45
Salt Lake City 84106 $2,237 $1,295 6 58
East Central $1,792 $1,337 4 19
Ballpark $1,612 $906 3 27
Salt Lake City 84115 $1,300 $799 5 122

Is Rent Going Up or Down in Salt Lake City, UT?

As of May 2026, the average rent in Salt Lake City, UT is $1,449 per month across 13 apartment communities and 36 available units. Rents have increased $344 (21.2%) over the past month.

The most affordable option is Concept Property Management starting at $799/mo. By unit type, a studio averages $1,449/mo.

Prices range from $799 to $2,549 per month. The most common price point is the $1,000 range, where 11 units are currently listed.

Salt Lake City, UT Rent Price History

Rent Price Distribution

Rent by Bedroom Type in Salt Lake City, UT

Studio
$1,449
from $799 · 36 units

Rent Prices by Apartment in Salt Lake City, UT

Property Starting at Average Units Rating
Concept Property Management $799/mo $1,046/mo 9 4.2
Ritz Classic Apartment Homes $1,075/mo $1,075/mo 2 4.1
SevenO2 Main Apartments $1,090/mo $1,128/mo 2 4.1
600 Lofts Apartments $1,149/mo $1,149/mo 1 4.4
Sloane $1,268/mo $1,268/mo 1 4.4
Park Avenue Apartments $1,352/mo $1,450/mo 2 4.5
theRANDI $1,355/mo $1,410/mo 2 4.4

Frequently Asked Questions About Rent in Salt Lake City, UT

What is the average rent in Salt Lake City, UT?
The average rent in Salt Lake City, UT is $1,449 per month as of May 2026, based on 36 units across 13 apartment communities.
Is rent going up or down in Salt Lake City, UT?
Rent in Salt Lake City, UT has increased $344 (21.2%) over the past month. The current average is $1,449/mo.
What is the cheapest apartment in Salt Lake City, UT?
The most affordable apartment in Salt Lake City, UT is Concept Property Management with units starting at $799/mo.
How many apartments are available in Salt Lake City, UT?
There are 36 units available across 13 apartment communities in Salt Lake City, UT.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$58,000/year

30 percent rule -- using our average rent of $1,449/mo.

Comfortable income

$70,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($799/mo), you need to earn at least $32,000/year.

Median household income in Salt Lake City, UT is $74,925 , about 8% above the comfortable-living threshold.

Cost of living in Salt Lake City, UT

Overall prices in Salt Lake City, UT runs below the national average by about 3% (BEA Regional Price Parity index 97.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Salt Lake City, UT's regional price parities.

Category Monthly estimate
Rent (market average) $1,449
Utilities $509
Groceries $511
Transportation $1,214
Healthcare $592
Other goods and services $948
Estimated total $5,224/mo

Population

203,888

Median household income

$74,925

Census median rent

$1,343/mo

Rent as % of income

29.5%

Median age

33.0

Mean commute

20 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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