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What to Know About

Living in 84103

Salt Lake City is a thriving metropolitan area in the heart of the Rocky Mountains. Visitors can explore the city's rich history at the Utah State Capitol or the Church History Museum. Salt Lake City is also home to the University of Utah and Brigham Young University, both prestigious educational institutions that attract students from around the world.

Get outside and explore Salt Lake City's natural beauty at Liberty Park and Antelope Island State Park, skiing and snowboarding at multiple world-class ski resorts like Park City, Deer Valley, or Snowbird, or mountain biking on its many picturesque trails. For sports enthusiasts, Salt Lake City is home to the Utah Jazz (NBA). Finally, the city has events happening across all seasons, including the Sundance Film Festival and the Utah Arts Festival, showcasing the city's vibrant arts and culture scene. So come for the winter, but stay for the summer.

Salt Lake City offers residents a unique combination of natural beauty, a wide range of outdoor activities, a thriving economy, and its convenient location near the Rocky Mountains, which makes it an excellent place to live.

Rental Market Trends

Salt Lake City, UT

As of April 2025, Salt Lake City's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Salt Lake City's average rent is 21.9% ($372) lower than the Utah average of $1,702 and 25.6% ($458) lower than the U.S. average of $1,788.

Average Rent
$1,330
Monthly ChangeMonth Over Month Change
Decreased3.3% ($46)
Yearly ChangeYear Over Year Change
Decreased17.5% ($282)
Avg. Days on MarketAverage Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,209 Decreased1.5% ($19) Decreased4.1% ($52)
2 Beds $1,457 Decreased6.1% ($95) Decreased12.9% ($215)
3 Beds $2,075 Decreased3% ($64) Decreased7.3% ($163)
Nearby Cities Average Rent Avg. Rent vs. Salt Lake CityAverage Rent vs. Salt Lake City Avg. Days on MarketAverage Days on Market
West Valley City $1,620 Increased21.8% ($290) 32 days
North Salt Lake $1,549 Increased16.5% ($219) 30 days
Midvale $1,430 Increased7.5% ($100) 28 days
Bountiful $1,576 Increased18.5% ($246) 32 days
Woods Cross $1,749 Increased31.5% ($419) 27 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Salt Lake City Rental Market FAQs

Explore rental prices, market trends, and availability in Salt Lake City, UT.

The average rent in Salt Lake City, UT is $1,330 per month.
Homes in Salt Lake City typically rent for between $846 and $2,698 per month, with an average of $1,330 per month.
In Salt Lake City, the average rent for a 1-bedroom home is $1,209 per month, for a 2-bedroom home, $1,457 per month, and a 3-bedroom home is $2,075 per month.
The average rent in Salt Lake City is 25.6% ($458) lower than the national average of $1,788 per month.
The average rent in Salt Lake City has decreased by 3.3% ($46) in the last month and decreased by 17.5% ($282) over the past year.
The rental market in Salt Lake City, UT, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Salt Lake City, UT, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 652 rental properties available in Salt Lake City, UT.
Based on the current averages, a household would need an annual income of $58,280 to comfortably afford a 2-bedroom home in Salt Lake City.
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