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Average Rent in Salt Lake City 84115 & Rent Trends

Rent prices and market trends across 6 apartment communities in Salt Lake City 84115, Salt Lake City, UT. Updated daily.

Market Average

$1,341/mo

▲ +1.7% from last month

Lowest Available

$949/mo

cheapest unit on market

Communities

6

tracked daily

Units Listed

64

available now

Salt Lake City 84115 vs Salt Lake City, UT Average

Salt Lake City 84115 is cheaper the Salt Lake City, UT average by $446/mo (25%). The citywide average is $1,787/mo across all neighborhoods.

Is Rent Going Up or Down in Salt Lake City 84115?

As of May 2026, the average rent in Salt Lake City 84115 is $1,341 per month across 6 apartment communities and 64 available units. Rents have increased $24 (1.7%) over the past month.

The most affordable option is Concept Property Management starting at $949/mo. By unit type, a 1-bedroom averages $1,341/mo.

Prices range from $949 to $2,829 per month. The most common price point is the $1,200 range, where 24 units are currently listed.

Salt Lake City 84115 Rent Price History

Rent Price Distribution

Rent by Bedroom Type in Salt Lake City 84115

1 Bed
$1,341
from $949 · 64 units

Rent Prices by Apartment in Salt Lake City 84115

Property Starting at Average Units Rating
Concept Property Management $949/mo $1,204/mo 46 4.2
Bowers Residences $1,200/mo $1,200/mo 1 4.3
Enclave at 1400 South Apartments $1,229/mo $1,229/mo 1 4.1
One Burton $1,309/mo $1,843/mo 12 4.8
Ritz Classic Apartment Homes $1,390/mo $1,487/mo 3 4.1
Brickstone on 33rd Apartments $1,408/mo $1,408/mo 1 4.6

Google Search Trends for Salt Lake City 84115 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 84115

What is the average rent in Salt Lake City 84115?
The average rent in Salt Lake City 84115 is $1,341 per month as of May 2026, based on 64 units across 6 apartment communities.
Is rent going up or down in Salt Lake City 84115?
Rent in Salt Lake City 84115 has increased $24 (1.7%) over the past month. The current average is $1,341/mo.
What is the cheapest apartment in Salt Lake City 84115?
The most affordable apartment in Salt Lake City 84115 is Concept Property Management with units starting at $949/mo.
How much is a 1-bedroom apartment in Salt Lake City 84115?
A 1-bedroom apartment in Salt Lake City 84115 averages $1,341/mo, with prices starting at $949/mo across 64 available units.
How many apartments are available in Salt Lake City 84115?
There are 64 units available across 6 apartment communities in Salt Lake City 84115.

What salary do I need to live comfortably in Salt Lake City 84115?

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

Minimum to afford average rent

$54,000/year

30 percent rule -- using our average rent of $1,341/mo.

Comfortable income

$64,000/year

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

To afford the cheapest tracked apartment ($949/mo), you need to earn at least $38,000/year.

Median household income in Salt Lake City 84115 is $74,925 , about 16% above the comfortable-living threshold.

Cost of living in Salt Lake City 84115

Overall prices in Salt Lake City 84115 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 84115's regional price parities.

Category Monthly estimate
Rent (market average) $1,341
Utilities $509
Groceries $511
Transportation $1,214
Healthcare $592
Other goods and services $948
Estimated total $5,116/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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