Average Rent in Salt Lake, UT

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Current Versus Historical Salt Lake, UT Rents

Salt Lake rentals average $875 for a studio rental to $2,799 for a 4-bedroom rental. The median price of all currently available listings is $1,623, or roughly $17 per square feet.

For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $169 (-16.15%) year-over-year from $1,044 to $875. 1-bedroom rentals prices have decreased by $430 (-25.01%) year-over-year from $1,717 to $1,288. 2-bedroom rentals prices have decreased by $443 (-23.78%) year-over-year from $1,863 to $1,420. 3-bedroom rentals prices have increased by $76 (3.58%) year-over-year from $2,110 to $2,185. 4-bedroom rentals prices have decreased by $61 (-2.31%) year-over-year from $2,656 to $2,595. 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 17.17% this month. 1-bedroom rents have gone up by 1.05% this month. 2-bedroom rents have gone down by 1.26% this month. 3-bedroom rents have gone up by 1.39% this month. 4-bedroom rents have gone down by 5.00% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$41.73	$875	$1,044 (-16.15%)	$1,017 (-13.96%)
1 BR	$21.01	$1,288	$1,717 (-25.01%)	$1,560 (-17.45%)
2 BR	$17.68	$1,420	$1,863 (-23.78%)	$1,611 (-11.85%)
3 BR	$15.95	$2,185	$2,110 (3.58%)	$2,081 (4.98%)
4+ BR	$13.04	$2,595	$2,656 (-2.31%)	$2,598 (-0.11%)

Historical Rents in Salt Lake, UT

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Salt Lake

There are a total of 1 cities nearby Salt Lake. The average rent in Salt Lake is currently $1,300 per month. Only one city nearby has an average rent lower than that. Our records show that Salt Lake City, UT, with an average rent of $1,300, is the most affordable city nearby. In contrast, the most expensive city near Salt Lake, UT is Salt Lake City, UT. Monthly rents here are on average $1,300 per month.

Let's compare Salt Lake, UT's rent against other top cities nearby by bedroom size. Typically, rent for studios in Salt Lake, UT is 2.00% more expensive than other cities nearby. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in Salt Lake, UT are about 15.79% more affordable. Finally, rent for three bedrooms are about 4.19% more affordable. Want more information? Check out the top 1 cities near Salt Lake, UT in the following table.

City	Studio	1 Bed	2 Bed	All
Salt Lake City, UT	$857	$1,095	$1,595	$1,300

Top Neighborhoods Near Salt Lake

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Salt Lake

There are a total of 2 counties located by Salt Lake, UT. Some of these counties include Davis, UT and Utah, UT. The average rent for rentals in these counties is $1,793. That's roughly around $18 per sqft. The county that is the most affordable is Davis, UT. Its average rent per month is $1,748. Vice versa, with an average rent of $1,838, Utah, UT is the most expensive county by Salt Lake, UT.

Typically, rent for studios in Salt Lake, UT is 94.57% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Salt Lake, UT is 19.77% more affordable than other counties nearby. Finally, rent for two bedrooms in Salt Lake, UT is 8.37% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Davis, UT	$95	$1,598	$1,748	$1,748
Utah, UT	N/A	$1,025	$1,238	$1,838

Top Zipcodes Near Salt Lake

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Salt Lake Average Rents

What is the average rent price in Salt Lake, UT?

The average monthly rental price for Salt Lake, UT apartments for rent is approximately $1,623. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Salt Lake, 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, UT.

How much is a studio apartment in Salt Lake, UT?

The average monthly rental price for studio apartments is $875 and an average price per square feet of $41.73. There are a total of 10 studio apartment listings currently available for rent in Salt Lake.

How much is a one bedroom apartment in Salt Lake, UT?

The average monthly rental price for one bedroom apartments is $1,095 and an average price per square feet of $21.01. There are a total of 55 one bedroom apartment listings currently available for rent in Salt Lake.

How much is a two bedroom apartment in Salt Lake, UT?

The average monthly rental price for two bedroom apartments is $1,378 and an average price per square feet of $17.68. There are a total of 78 two bedroom apartment listings currently available for rent in Salt Lake.

How have rent prices in Salt Lake, UT changed this year?

Rent prices for rentals in Salt Lake, UT can fluctuate yearly. Specifically, studio rental prices have changed by -0.16%, one bedroom rental prices have changed by -0.25%, two bedroom rental prices have changed by -0.24%, three bedroom rental prices have changed by 0.04% year-over-year.

What is a reasonable rent price in Salt Lake, UT?

A reasonable rent price in Salt Lake, UT is around $1,298/month. You can search for these reasonably priced rental listings on RentHop.