The average apartment rent in Salt Lake City, UT: December 2022

Salt Lake City is the capital and largest city of Utah. The population of the city is just over 200 thousand people, and taking into account the suburbs – 1.3 million people. Salt Lake City, along with its suburbs, is home to over 60% of Utah’s population. In this article, we look at the average rental prices for studios, one and two-bedroom apartments in Salt Lake City, UT as of December 2022.

The average rental price for one-bedroom apartments in Salt Lake City, UT is $1,350 per month (+12.50% year on year) and for two-bedroom apartments is $1,650 per month (+9.30% year on year)

The average apartment rental price based on 300 listings is $1,810 per month. Apartments in Salt Lake City, UT have risen in price by 12% year on year (December 2021 to December 2022). Rent now costs $200 more compared to the same month last year.

The most expensive neighborhoods in Salt Lake City include Rio Grande ($1,610/month for one-bedroom apartments), Liberty Wells ($1,560/month) and Central City ($1,430/month).

The cheapest neighborhoods in Salt Lake City include Greater Avenues ($1,180/month).