Property prices for rent in Salt Lake City (Utah)

The rent prices in real estate in Salt Lake City, in the Utah region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.

$1,219.5
Average price last 6 months
$1.48
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Salt Lake City has barely changed in the last 6 months. In January, the average price per sq.feet was $1.43. In February this price barely changed remaining at $1.45 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.44 to $1.47 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.45 to $1.52 during May y June

Average price

When referring to the price in Salt Lake City (cities), there have hardly been any changes in the last 6 months. The rent price in January is $1,219, rising in February till $1,335. In the following two months the average price has hardly changed with regard to the previous two months from $1,277 to $1,226.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $1,251.75 to $1,155 in May and June.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,160 they are 9 % more affordable than the average price for Salt Lake City . The properties with the highest average price have 4 bedrooms, Their price is 80 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,641.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.02 / sq.feet, with an average $1.48 / sq.feet price in Salt Lake City. The properties with the most expensive average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.29 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $1,160 it is 18 % more affordable than the average price in Salt Lake City. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $1,423 it is 98 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.18 / sq.feet followed by "Condo" priced at $1.39 / sq.feet. "Townhouse" is the most expensive type of property with a $102 / sq.feet value followed by "Office" with an average price of $12 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Salt Lake City
Number of properties used in region Utah
$1,160
$1.48
3,676
15,974
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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