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Updated

Average Rent in Salt Lake City, UT

25 apartment buildings, 229 units. Real asking prices, refreshed daily.

Avg Rent

$2,172/mo

market average

Cheapest

$1,050/mo

theCHARLI Apartments

Properties

25

tracked daily

Units

229

available now

Salt Lake City, UT Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 25 properties in Salt Lake City, UT.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Salt Lake City, UT Rent Prices

All 25 properties ranked by lowest available rent.

#1 4.5 (59)

theCHARLI Apartments

828 S Richards St, Salt Lake City, UT 84101, USA

From $1,050/mo
Avg $1,615 5 units
#2 4.1 (197)

Ritz Classic Apartment Homes

2265 S State St, Salt Lake City, UT 84115, USA

From $1,070/mo
Avg $1,382 8 units
#3 4.4 (221)

600 Lofts Apartments

90 E 600 S, Salt Lake City, UT 84111, USA

From $1,110/mo
Avg $1,326 3 units
#4 4.1 (177)

SevenO2 Main Apartments

702 S Main St, Salt Lake City, UT 84101, USA

From $1,150/mo
Avg $1,869 12 units
#5 4.4 (59)

Izzy Apartments

556 E 2100 S, Salt Lake City, UT 84106, USA

From $1,160/mo
Avg $1,667 13 units
#6 3.5 (211)

Park Vue Apartments

1450 S W Temple St, Salt Lake City, UT 84115, USA

From $1,195/mo
Avg $1,487 4 units
#7 4.1 (325)

Enclave at 1400 South Apartments

1445 S 300 W, Salt Lake City, UT 84115, USA

From $1,229/mo
Avg $1,409 2 units

Explore Each Property

theCHARLI Apartments apartments in Salt Lake City, UT

theCHARLI Apartments

4.5 (59)

828 S Richards St, Salt Lake City, UT 84101, USA

From $1,050/mo
5 units
Ritz Classic Apartment Homes apartments in Salt Lake City, UT

Ritz Classic Apartment Homes

4.1 (197)

2265 S State St, Salt Lake City, UT 84115, USA

From $1,070/mo
8 units
600 Lofts Apartments apartments in Salt Lake City, UT

600 Lofts Apartments

4.4 (221)

90 E 600 S, Salt Lake City, UT 84111, USA

From $1,110/mo
3 units
SevenO2 Main Apartments apartments in Salt Lake City, UT

SevenO2 Main Apartments

4.1 (177)

702 S Main St, Salt Lake City, UT 84101, USA

From $1,150/mo
12 units
Izzy Apartments apartments in Salt Lake City, UT

Izzy Apartments

4.4 (59)

556 E 2100 S, Salt Lake City, UT 84106, USA

From $1,160/mo
13 units
Park Vue Apartments apartments in Salt Lake City, UT

Park Vue Apartments

3.5 (211)

1450 S W Temple St, Salt Lake City, UT 84115, USA

From $1,195/mo
4 units

Salt Lake City, UT Average Rent Prices 2026

The average rent in Salt Lake City, UT is $2,172 per month, based on 229 units across 25 apartment communities. Prices range from $1,050 at theCHARLI Apartments to $3,325 at Nexus on 9th.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,576/mo $1,050/mo 53
1 Bed $1,970/mo $1,110/mo 100
2 Bed $2,850/mo $1,433/mo 61
3 Bed $2,875/mo $1,390/mo 15

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Building Economics

How much do Salt Lake City, UT apartments earn?

The 15 buildings we can estimate generate about $5.4M in rental revenue per month ($64M a year). Estimated from each building's unit-level listing and leasing activity.

Building Est. Monthly Revenue Est. Occupancy Units
1.Liberty SKY $935K/mo 93% 390
2.The Residences At Sugar Alley $790K/mo 91% 150
3.Sugarmont Apartments and Townhomes $780K/mo 96% 318
4.21 by Urbana $688K/mo 95% 318
5.Park Avenue Apartments $402K/mo 94% 216

Research estimates from listing activity, not operator financials. Click any building for the full revenue breakdown and methodology.

Market Context

Who rents in Salt Lake City, UT, and what they pay

Tracked one-bedroom rent in Salt Lake City, UT averages $1,970/mo, with two-bedroom units averaging $2,850/mo. At the local median household income of $74,925, that works out to 35% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Salt Lake City, UT at $1,343/mo. The current tracked market average runs 62% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Salt Lake City, UT while the tracked market average covers units currently listed in larger apartment communities.

Who employs renters in Salt Lake City

Demand in the Salt Lake City rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:

  • Intermountain Healthcare
  • University of Utah
  • Zions Bancorporation
  • Discover Financial
  • Adobe
  • Oracle

Mean one-way commute in Salt Lake City, UT is 20 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.

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

$87,000/year

Based on the 30 percent rule, using our tracked average rent of $2,172/mo.

Comfortable income

$104,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,050/mo), you need to earn at least $42,000/year.

Median household income in Salt Lake City, UT is $74,925 , about 28% 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) $2,172
Utilities $509
Groceries $511
Transportation $1,214
Healthcare $592
Other goods and services $948
Estimated total $5,947/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.

Compare

Nearby cities in Utah

How Salt Lake City, UT rent compares to other markets in the state.

City Avg Rent vs Salt Lake City, UT Properties
Ogden, UT $1,580 -27% 14
West Valley City, UT $2,236 +3% 13
West Jordan, UT $1,730 -20% 11
Layton, UT $1,513 -30% 11
ST George, UT $1,658 -24% 10
South Jordan, UT $2,205 +2% 8

Frequently asked questions

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

The average rent in Salt Lake City, UT is $2,172 per month, based on 229 units across 25 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the cheapest apartment rent in Salt Lake City, UT?

The lowest available rent in Salt Lake City, UT starts at $1,050 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Salt Lake City, UT?

1-bedroom apartments in Salt Lake City, UT average $1,970/mo. The lowest listed 1-bedroom starts at $1,110/mo across 100 units tracked.

How much is a 2-bedroom apartment in Salt Lake City, UT?

2-bedroom apartments in Salt Lake City, UT average $2,850/mo. Units start from $1,433/mo across 61 units currently listed.

Rent Trends in Salt Lake City, UT

Track how apartment prices are changing over time.

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