Six months into the year, rents in Salt Lake City have risen 1.9%. This is a slow rate of growth compared to what the city was experiencing at this point last year: from January to June 2025 rents had increased 2.7%, according to the July report from Apartment List.
Salt Lake City’s rent growth over the past year has has fallen behind both the state (-1.6%) and national averages (-1.2%).
Salt Lake City rents are 13.3% lower than the metro-wide median
Across the Salt Lake City metro area, the median rent is $1,450 meaning that the median price in Salt Lake City proper ($1,257) is 13.3% lower than the price across the metro as a whole. Metro-wide annual rent growth stands at -1.9%, above the rate of rent growth within just the city.
The table below shows the latest rent stats for 11 cities in the Salt Lake City metro area that are included in the Apartment List database. Among them, Draper is currently the most expensive, with a median rent of $1,974. South Salt Lake is the metro’s most affordable city, with a median rent of $1,208. The metro’s fastest annual rent growth is occurring in Draper (4.6%) while the slowest is in West Valley City (-4.4%).
