Average Rent in Salt Lake City, UT

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Current Versus Historical Salt Lake City, UT Rents

Salt Lake City rentals average $1,599 for a studio rental to $2,723 for a 4-bedroom rental. The median price of all currently available listings is $1,799, or roughly $21 per square feet.
For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $10 (1.13%) year-over-year from $885 to $895. 1-bedroom rentals prices have increased by $78 (4.54%) year-over-year from $1,717 to $1,795. 2-bedroom rentals prices have decreased by $931 (-36.42%) year-over-year from $2,556 to $1,625. 3-bedroom rentals prices have increased by $29 (1.25%) year-over-year from $2,277 to $2,305. 4-bedroom rentals prices have increased by $1,101 (39.41%) year-over-year from $2,794 to $3,895. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 20.30% this month. 1-bedroom rents have gone up by 17.86% this month. 2-bedroom rents have gone down by 1.91% this month. 3-bedroom rents have gone down by 1.95% this month. 4-bedroom rents have gone up by 24.41% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $26.85 $895 $885 (1.13%) $999 (-10.41%)
1 BR $21.50 $1,795 $1,717 (4.54%) $1,457 (23.23%)
2 BR $19.69 $1,625 $2,556 (-36.42%) $1,652 (-1.61%)
3 BR $21.04 $2,305 $2,277 (1.25%) $2,263 (1.84%)
4+ BR $17.45 $3,895 $2,794 (39.41%) $2,879 (35.28%)

Historical Rents in Salt Lake City, UT

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Salt Lake City



City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Salt Lake City

There are a total of 1 neighborhoods in or near Salt Lake City. One neighborhood in the area is Central City. We've included all of these top 1 neighborhoods in or near Salt Lake City, UT in the following table.

The average rent for these 1 neighborhoods in or near Salt Lake City, UT is currently around $1,600 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is less than Salt Lake City's average rent, which is actually $1,799. Out of all the neighborhoods in or near Salt Lake City, Central City has the most affordable average rent at $1,600 per month. Whereas, at $1,600 average rent per month, Central City is the most expensive neighborhood in or near Salt Lake City. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Central City, Salt Lake City, UT $1,599 $1,675 $2,699 $1,600

Top Counties Near Salt Lake City

There are a total of 1 counties located by Salt Lake City, UT. One county in the area is Salt Lake, UT. The average rent for rentals in these counties is $1,885. That's roughly around $18 per sqft. The county that is the most affordable is Salt Lake, UT. Its average rent per month is $1,885. Vice versa, with an average rent of $1,885, Salt Lake, UT is the most expensive county by Salt Lake City, UT.

Typically, rent for studios in Salt Lake City, UT is on par with the other counties nearby. In comparison, rent for one bedroom listings in Salt Lake City, UT is 6.89% more expensive than other counties nearby. Finally, rent for two bedrooms in Salt Lake City, UT is 11.43% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Salt Lake, UT $1,599 $1,675 $1,550 $1,885

Top Zipcodes Near Salt Lake City



Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Salt Lake City Average Rents

What is the average rent price in Salt Lake City, UT?
The average monthly rental price for Salt Lake City, UT apartments for rent is approximately $1,799. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Salt Lake City, UT rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Salt Lake City, UT.
How much is a studio apartment in Salt Lake City, UT?
The average monthly rental price for studio apartments is $1,599 and an average price per square feet of $26.85. There are a total of 49 studio apartment listings currently available for rent in Salt Lake City.
How much is a one bedroom apartment in Salt Lake City, UT?
The average monthly rental price for one bedroom apartments is $1,799 and an average price per square feet of $21.50. There are a total of 87 one bedroom apartment listings currently available for rent in Salt Lake City.
How much is a two bedroom apartment in Salt Lake City, UT?
The average monthly rental price for two bedroom apartments is $1,750 and an average price per square feet of $19.69. There are a total of 57 two bedroom apartment listings currently available for rent in Salt Lake City.
How have rent prices in Salt Lake City, UT changed this year?
Rent prices for rentals in Salt Lake City, UT can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by -0.36%, three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in Salt Lake City, UT?
A reasonable rent price in Salt Lake City, UT is around $1,439/month. You can search for these reasonably priced rental listings on RentHop.
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