Property prices for rent in Salt Lake City (Utah)

The rent prices in real estate in Salt Lake City, in the Utah region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$1,270.17
Average price last 6 months
$10.48
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Salt Lake City has risen strongly during the last 6 months. In July, the average price per sq.feet was $1.45. In August this price barely changed remaining at $1.47 per sq.feet. The price for the following two months in (September, October) had a considerable rise of 586 %. The price per sq.feet has had a considerable rise of 428 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $5.01 to $21.42 during November, and December.

Average price

When referring to the price in Salt Lake City (cities), this has risen in the last 6 months. In our first sample month during July, the average price is $1,140. In August This price remains at $1,164. During the following two months (September, October) the price has had an average rise from $1,152 to $1,296. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.

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 $1,383 they are 11 % more affordable than the average price for Salt Lake City . The properties with the highest average price have 4 bedrooms, Their price is 49 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,744.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.17 / sq.feet, with an average $24.61 / sq.feet price in Salt Lake City. The properties with the most expensive average prices have 1 bedroom. They are 29 % more expensive than the average followed by properties with 2 bedrooms with a price at $24.12 / 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 $1,383 it is 32 % 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 $1,697 it is 123 % 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 $1.24 / sq.feet followed by "Condo" priced at $5.87 / sq.feet. "Townhouse" is the most expensive type of property with a $206.04 / sq.feet value followed by "Apartment" with an average price of $31.37 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Salt Lake City
Number of properties used in region Utah
$1,383
$24.61
8,422
25,922
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Royal Oaks 1 Bedroom Apartment For Rent At 320 E 5th Ave, Salt Lake City, Ut 84103 Greater...
 20
Royal Oaks 1 Bedroom Apartment For Rent At 320 E 5th Ave, Salt Lake City, Ut 84103 Greater...
$895
Salt Lake City, Utah - For Rent - Apartment - 475 sq.feet - 1 bedroom - 1 bathroom
Great avenues location! Free rent! - welcome to royal oaks apartments! Located in the avenues close to downtown, shopping, entertainment, and public...
Fountain View 2 Bedroom Apartment For Rent At 230 F St, Salt Lake City, Ut 84103 Greater A...
 20
Fountain View 2 Bedroom Apartment For Rent At 230 F St, Salt Lake City, Ut 84103 Greater A...
$1,195
Salt Lake City, Utah - For Rent - Apartment - 900 sq.feet - 2 bedrooms - 1 bathroom
Spacious 2 bedroom apartment in avenues! - fountain view offers 1 & 2 bedroom apartments in the heart of the avenues! We are close to slcc, university of utah,...
C9 Flats 2 Bedroom Apartment For Rent At 1075 South 200 West, Salt Lake City, Ut 84101 Peo...
 20
C9 Flats 2 Bedroom Apartment For Rent At 1075 South 200 West, Salt Lake City, Ut 84101 Peo...
$1,600
Salt Lake City, Utah - For Rent - Apartment - 1,092 sq.feet - 2 bedrooms - 2 bathrooms
& sliding glass doors mountain &/or downtown city view quartz countertops & high gloss...
Arches South 1 Bedroom Apartment For Rent At 221 N Quince St, Salt Lake City, Ut 84103 Cap...
 9
Arches South 1 Bedroom Apartment For Rent At 221 N Quince St, Salt Lake City, Ut 84103 Cap...
$1,095
Salt Lake City, Utah - For Rent - Apartment - 675 sq.feet - 1 bedroom - 1 bathroom
1 bedroom available in marmalade district! Free rent! - this beautiful and spacious 1 bedroom apartment is conveniently located in the marmalade district! *1...
Arches South 2 Bedroom Apartment For Rent At 221 N Quince St, Salt Lake City, Ut 84103 Cap...
 16
Arches South 2 Bedroom Apartment For Rent At 221 N Quince St, Salt Lake City, Ut 84103 Cap...
$1,395
Salt Lake City, Utah - For Rent - Apartment - 825 sq.feet - 2 bedrooms - 1 bathroom
Renovated 2 bedroom apartment available in the marmalade district! Free rent - this spacious 2 bedroom apartment is conveniently located in the marmalade...