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Salt Lake City, UT Rental Market Trends

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Salt Lake City Rent Report: July 2026

Welcome to the Apartment List July 2026 Rent Report for Salt Lake City, UT. Currently, the overall median rent in the city stands at $1,257, roughly the same as last month. Prices are now down 2.6% year-over-year. Read on to learn more about what’s been happening in the Salt Lake City rental market and how it compares to trends throughout the broader Salt Lake City metro area and the nation as a whole.

Salt Lake City rents are flat month-over-month and down 2.6% year-over-year

The median rent in Salt Lake City fell by 0.0% over the course of June, and has now decreased by a total of 2.6% over the past 12 months. 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 rent growth in 2026 pacing below last year

Six months into the year, rents in Salt Lake City have risen 1.9%. This is a slower 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%.

Salt Lake City rents are 13.3% lower than the metro-wide median

If we expand our view to the wider 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 our 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%).

Methodology

Apartment List is committed to the accuracy and transparency of our rent estimates. We begin with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, capturing apartment transactions over time to provide an accurate picture of rent growth in cities across the country. Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. For more details, please see the Apartment List Rent Estimate Methodology.

Data Access

Apartment List publishes monthly rent reports and underlying data for hundreds of cities across the nation, as well as data aggregated for counties, metros, and states. These data are intended to be a source of reliable information that help renters and policymakers make sound decisions. Insights from our data are covered regularly by journalists across the country. To access the data yourself, please visit our Data Downloads Page.

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