Salt Lake City rents rose 0.7% in September according to the October report from Apartment List.
However, prices remain down 0.9% year-over-year. Salt Lake City’s rent growth over the past year has is similar to both the state (-1.3%) and national averages (-0.8%).
Currently the overall median rent in the city stands at $1,303.
Salt Lake City rent growth in 2025 pacing above last year
Nine months into the year, rents in Salt Lake City have risen 4.0%.
This is a faster rate of growth compared to what the city was experiencing at this point last year: from January to September 2024 rents had decreased 0.1%.
Salt Lake City rents are 11.8% lower than the metro-wide median
Across the Salt Lake City metro area, the median rent is $1,477 meaning that the median price in Salt Lake City proper ($1,303) is 11.8% lower than the price across the metro as a whole. Metro-wide annual rent growth stands at -1.2%, below 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 $1,225. The metro’s fastest annual rent growth is occurring in South Jordan (3.1%) while the slowest is in West Valley City (-10.3%).
