Last updated
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
$1,408/mo
▼ 9.7% from last month
Lowest Available
$799/mo
cheapest unit on market
Communities
13
tracked daily
Units Listed
37
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 | $2,428 | $1,110 | 3 | 46 |
| Salt Lake City 84106 | $2,186 | $1,355 | 6 | 36 |
| East Central | $1,941 | $1,295 | 4 | 38 |
| Ballpark | $1,679 | $1,090 | 2 | 23 |
| Salt Lake City 84115 | $1,468 | $799 | 8 | 148 |
Is Rent Going Up or Down in Salt Lake City, UT?
As of May 2026, the average rent in Salt Lake City, UT is $1,408 per month across 13 apartment communities and 37 available units. Rents have decreased $171 (9.7%) over the past month.
The most affordable option is Concept Property Management starting at $799/mo. By unit type, a studio averages $1,408/mo.
Prices range from $799 to $2,050 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
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 | $1,080/mo | $1,080/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 |
| Bowers Residences | $1,200/mo | $1,200/mo | 1 | 4.3 |
| Park Avenue Apartments | $1,355/mo | $1,428/mo | 3 | 4.5 |
| theRANDI | $1,355/mo | $1,410/mo | 2 | 4.4 |
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
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
$56,000/year
30 percent rule -- using our average rent of $1,408/mo.
Comfortable income
$68,000/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 11% 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) | $1,408 |
| Utilities | $509 |
| Groceries | $511 |
| Transportation | $1,214 |
| Healthcare | $592 |
| Other goods and services | $948 |
| Estimated total | $5,183/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
Browse all 13 communities with daily-updated pricing and availability.