Last updated
Average Rent in Salt Lake City, UT & Rent Trends
Rent prices and market trends across 7 apartment communities in Salt Lake City, UT. Updated daily.
Market Average
$3,235/mo
▲ +5.1% from last month
Lowest Available
$1,390/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
21
available now
Price Cuts This Week in Salt Lake City, UT
6 listed units across 2 buildings offering 3 bed units in Salt Lake City, UT dropped their asking rent in the past 7 days, an average cut of $44/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Park Avenue Apartments | Unit 17, B3 | $2,462 | $2,385 | $77 |
| Park Avenue Apartments | Unit 14, B2 | $2,499 | $2,423 | $76 |
| Park Avenue Apartments | Unit 18, B4 | $2,614 | $2,566 | $48 |
| Overlook Point | Unit 2 | $1,460 | $1,433 | $27 |
| Park Avenue Apartments | Unit 19, C2 | $3,475 | $3,454 | $21 |
| Overlook Point | Unit 4 | $1,905 | $1,891 | $14 |
Rent by Neighborhood in Salt Lake City, UT
Compare average rent across Salt Lake City, UT neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| East Central | $3,322 | ▼ $228 | $1,499 | 3 | 30 |
| Central City | $2,317 | ▲ $111 | $1,278 | 3 | 35 |
| Sugar House | $2,221 | ▲ $175 | $1,301 | 11 | 134 |
| Ballpark | $2,056 | ▼ $10 | $1,061 | 4 | 109 |
| Salt Lake City 84115 | $1,549 | ▼ $6 | $1,175 | 6 | 23 |
| Salt Lake City 84119 | $1,503 | ▼ $2 | $1,215 | 1 | 4 |
Is Rent Going Up or Down in Salt Lake City, UT?
As of August 2026, the average rent in Salt Lake City, UT is $3,235 per month across 7 apartment communities and 21 available units. Rents have increased $111 (5.1%) over the past month.
The most affordable option is The Vue At Sugar House Crossing starting at $1,390/mo. By unit type, a 3-bedroom averages $3,235/mo.
Prices range from $1,390 to $5,500 per month. The most common price point is the $4,800 range, where 3 units are currently listed.
Salt Lake City, UT Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| June 2026 | $1,948 | - | 6 |
| July 2026 | $2,180 | +$232 | 7 |
| August 2026 | $2,217 | +$37 | 7 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Rent Price Distribution
Rent by Bedroom Type in Salt Lake City, UT
Rent Prices by Apartment in Salt Lake City, UT
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Vue At Sugar House Crossing | $1,390/mo | $2,027/mo | 6 | 4.1 |
| Park Vue Apartments | $1,776/mo | $1,776/mo | 1 | 3.5 |
| Overlook Point | $1,891/mo | $1,891/mo | 1 | 4 |
| Station Five Townhomes | $2,249/mo | $2,249/mo | 1 | 3.4 |
| Nexus on 9th | $2,900/mo | $4,401/mo | 9 | 4.4 |
| Sugarmont Apartments and Townhomes | $3,395/mo | $3,395/mo | 2 | 4.1 |
| Park Avenue Apartments | $3,454/mo | $3,454/mo | 1 | 4.5 |
Frequently Asked Questions About Rent in Salt Lake City, UT
What is the average rent in Salt Lake City, UT?
Is rent going up or down in Salt Lake City, UT?
What is the cheapest apartment in Salt Lake City, UT?
How many apartments are available 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
$129,000/year
Based on the 30 percent rule, using our tracked average rent of $3,235/mo.
Comfortable income
$155,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,390/mo), you need to earn at least $56,000/year.
Median household income in Salt Lake City, UT is $74,925 , about 52% below 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) | $3,235 |
| Utilities | $509 |
| Groceries | $511 |
| Transportation | $1,214 |
| Healthcare | $592 |
| Other goods and services | $948 |
| Estimated total | $7,010/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.
Google Search Trends for Salt Lake City, UT Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Salt Lake City, UT Apartments
Browse all 7 communities with daily-updated pricing and availability.