The median rent in Salt Lake City was flat over the course of August, and has now decreased by a total of 3.2% over the past 12 months, according to the September report from Apartment List.
Salt Lake City’s rent growth over the past year has fallen behind both the state (-1.6%) and national averages (-0.8%).
Eight months into the year, rents in Salt Lake City have risen 1.5%. This is a slower rate of growth compared to what the city was experiencing at this point last year: from January to August 2025 rents had increased 3.1%.
Salt Lake City rents are 13.2% lower than the metro-wide median
Across the Salt Lake City metro area, the median rent is $1,445 meaning that the median price in Salt Lake City proper ($1,254) is 13.2% lower than the price across the metro as a whole. Metro-wide annual rent growth stands at -2.2%, 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 Apartment List’s database. Among them, Draper is currently the most expensive, with a median rent of $1,950. South Salt Lake is the metro’s most affordable city, with a median rent of $1,198. The metro’s fastest annual rent growth is occurring in Draper (3.5%) while the slowest is in Sandy (-3.8%).
