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Average Rent in Salt Lake City, UT & Rent Trends

Rent prices and market trends across 28 apartment communities in Salt Lake City, UT. Updated daily.

Market Average

$2,221/mo

▲ +3.1% from last month

Lowest Available

$1,061/mo

cheapest unit on market

Communities

28

tracked daily

Units Listed

335

available now

Price Cuts This Week in Salt Lake City, UT

67 listed units across 12 buildings in Salt Lake City, UT dropped their asking rent in the past 7 days, an average cut of $127/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Liberty SKY Unit 10, Einstein $2,850 $2,113 $737
Liberty SKY Unit 25, Otis $3,901 $3,187 $714
Liberty SKY Unit 2, Birdseye $3,520 $2,844 $676
21 by Urbana Unit 6 $1,895 $1,350 $545
The Residences At Sugar Alley Unit 7, Jasper $2,099 $1,599 $500
SevenO2 Main Apartments Unit 10 $2,324 $1,826 $498
21 by Urbana Unit 8 $1,975 $1,482 $493
Liberty SKY Unit 23, Newton $2,347 $1,960 $387
See today's prices on all 335 listed units

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 $2,221 per month across 28 apartment communities and 335 available units. Rents have increased $58 (3.1%) over the past month.

The most affordable option is theCHARLI Apartments starting at $1,061/mo. By unit type, a studio averages $1,922/mo, a 1-bedroom averages $1,963/mo, a 2-bedroom averages $2,818/mo, a 3-bedroom averages $3,235/mo.

Prices range from $1,061 to $14,674 per month. The most common price point is the $1,400 range, where 53 units are currently listed.

Salt Lake City, UT Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
April 2026 $1,952 - 8
May 2026 $1,942 -$10 18
June 2026 $1,852 -$90 23
July 2026 $1,875 +$23 25
August 2026 $1,891 +$16 28

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.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Salt Lake City, UT

Studio
$1,922
from $1,061 · 148 units
1 Bed
$1,963
from $1,183 · 89 units
2 Bed
$2,818
from $1,433 · 77 units
3 Bed
$3,235
from $1,390 · 21 units

Rent Prices by Apartment in Salt Lake City, UT

Property Starting at Average Units Rating
theCHARLI Apartments $1,061/mo $1,802/mo 3 4.5
SevenO2 Main Apartments $1,089/mo $1,553/mo 11 4.1
Post District Residences $1,136/mo $2,145/mo 92 4.2
Ritz Classic Apartment Homes $1,175/mo $1,416/mo 8 4.1
Park Vue Apartments $1,195/mo $1,487/mo 4 3.5
Overlook Point $1,215/mo $1,503/mo 4 4
Enclave at 1400 South Apartments $1,229/mo $1,409/mo 2 4.1

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 $2,221 per month as of August 2026, based on 335 units across 28 apartment communities.

Is rent going up or down in Salt Lake City, UT?

Rent in Salt Lake City, UT has increased $58 (3.1%) over the past month. The current average is $2,221/mo.

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

The most affordable apartment in Salt Lake City, UT is theCHARLI Apartments with units starting at $1,061/mo.

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

A 1-bedroom apartment in Salt Lake City, UT averages $1,963/mo, with prices starting at $1,183/mo across 89 available units.

How many apartments are available in Salt Lake City, UT?

There are 335 units available across 28 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

$89,000/year

Based on the 30 percent rule, using our tracked average rent of $2,221/mo.

Comfortable income

$107,000/year

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

To afford the cheapest tracked apartment ($1,061/mo), you need to earn at least $42,000/year.

Median household income in Salt Lake City, UT is $74,925 , about 30% 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) $2,221
Utilities $509
Groceries $511
Transportation $1,214
Healthcare $592
Other goods and services $948
Estimated total $5,996/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.

Explore Salt Lake City, UT Apartments

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