Salt Lake City Rents Flat In March

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The median overall rent in Salt Lake City stands at $1,253, roughly the same as last month, according to April's report from Apartment List.

The median overall rent in Salt Lake City stands at $1,253, roughly the same as last month, according to the April report from Apartment List.

Rent prices remain down 4.5% year-over-year in the city as rent growth over the past year has fallen behind both the state (-2.9%) and national averages (-0.4%).

City rent growth in 2025 pacing similar last year

Three months into the year, rents in Salt Lake have risen 0.3%.

This is a similar rate of growth compared to what the city was experiencing at this point last year: from January to March 2024 rents had decreased 0.1%.

The median overall rent in Salt Lake City stands at $1,253, roughly the same as last month, according to April's report from Apartment List.

In city rents are 13.6% lower than the metro-wide median

Across the metro area, the median rent is $1,450 meaning that the median price in Salt Lake City proper ($1,253) is 13.6% lower than the price across the metro as a whole. Metro-wide annual rent growth stands at -2.8%, above the rate of rent growth within just the city.

The table below shows the latest rent stats for 10 cities in the metro area that are included in the Apartment List database.

Among them, Draper is currently the most expensive, with a median rent of $1,890. South Salt Lake is the metro’s most affordable city, with a median rent of $1,241. The metro’s fastest annual rent growth is occurring in Sandy (2.1%) while the slowest is in West Valley City (-7.5%).

The median overall rent in Salt Lake City stands at $1,253, roughly the same as last month, according to April's report from Apartment List.

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