Salt Lake City Rents were up 0.9% in June, according to the July report from Apartment List.
The overall median rent in the city stands at $1,284. Prices remain down 3.8% year-over-year.
Salt Lake City rent growth in 2025 pacing above last year
Six months into the year, rents in Salt Lake City have risen 2.7%.
This is a faster rate of growth compared to what the city was experiencing at this point last year. From January to June 2024 rents had increased 1.4%.
Salt Lake City rents are 12.9% lower than the metro-wide median
Across the metro area, the median rent is $1,474 meaning that the median price in the city proper ($1,284) is 12.9% lower than the price across the metro as a whole. Metro-wide annual rent growth stands at -2.6%, above the rate of rent growth within just the city.
The table below shows the latest rent stats for 10 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 $1,901. South Salt Lake is the metro’s most affordable city, with a median rent of $1,246. The metro’s fastest annual rent growth is occurring in Millcreek (-0.9%) while the slowest is in West Valley City (-4.2%).
