Apartments in 84116

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How much does it cost to rent an apartment in 84116?

84116 apartments
Bed Type Average Rent Range
Studio $980 $800 - $1,310
1BR $1,270 $790 - $1,410
2BR $1,530 $1,100 - $1,840
3BR $1,930 $1,450 - $2,580
Find an Apartment in 84116
Looking for apartments for rent in the 84116 zip code of Salt Lake City, UT? Rentable has a variety of options to choose from! Currently, there are 137 units available for rent in this area. The average rent in 84116 is $1,330, and you can find 1-bedroom units starting at $794.

The 84116 zip code encompasses neighborhoods such as Rose Park and Fairpark, which offer a mix of residential areas and community amenities. Nearby points of interest include Jordan River Parkway, which provides scenic walking and biking trails, and Meadow Gold Park, a peaceful green space for outdoor activities.

If you're searching for apartments in 84116 Salt Lake City, UT, Rentable has the options you need. Explore our listings to find the perfect rental that suits your preferences and budget.

Salt Lake City:
June Rent Report

Welcome to the June 2025 Salt Lake City Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2025 key findings and figures for the Salt Lake City rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Salt Lake City and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Salt Lake City average rent prices in the chart below.

Monthly Rent Report

$1,850
$1,390
$930
$460
$0
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
1 BR       2 BR

Salt Lake City Rent Prices Decrease From May to June

Salt Lake City rent prices decreased over the last month. From May to June, the city experienced a -0.15% decrease for the price of a one-bedroom apartment. The rent price for a Salt Lake City one-bedroom apartments currently stands at $1,305.0.

When we take a look at the two-bedroom comparison from May to June, Salt Lake City experienced a -0.11% decrease for the price of a two-bedroom apartment. The rent price for a Salt Lake City two-bedroom apartments currently stands at $1,743.0.

June Prices: Salt Lake City vs. Surrounding Areas

Holladay, UT
Murray, UT
West Jordan, UT
Draper, UT
Sandy, UT
Bluffdale, UT
West Valley City, UT
Salt Lake City, UT
$2,168
$1,612
$1,459
$1,424
$1,400
$1,390
$1,366
$1,307
$0
$750
$1,500
$2,250
$3,000
Median 1 BR Rent

Rent Prices in Salt Lake City and Surrounding Areas

Rent prices have decreased in Salt Lake City over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Salt Lake City suburbs increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Draper, UT, West Jordan, UT .

  • Rent decreased in Murray, UT, Sandy, UT, Holladay, UT, West Valley City, UT, Bluffdale, UT.

  • 7 suburbs are currently priced higher than the city of Salt Lake City.

June 2025 Pricing Trends: Salt Lake City vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Salt Lake City, UT
Pittsburgh, PA
Minneapolis, MN
$4,101
$3,197
$2,350
$2,316
$1,870
$1,341
$1,307
$1,263
$1,247
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Salt Lake City Rent Prices More Affordable Than Major Cities

Rent growth in Salt Lake City over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Salt Lake City average rent prices appear to be relatively affordable for local residents.

The price for a Salt Lake City one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Salt Lake City and surrounding area rent prices, take a look at the complete data set below.

Data set for Salt Lake City and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Salt Lake City, UT $1,307.0 -0.61% $1,745.0 -0.97%
Murray, UT $1,612.0 -0.49% $1,962.0 -0.46%
Sandy, UT $1,400.0 0.00% $1,722.0 0.12%
Holladay, UT $2,168.0 -1.54% $3,166.0 -2.50%
West Valley City, UT $1,366.0 -0.22% $1,475.0 0.07%
Bluffdale, UT $1,390.0 0.00% $1,683.0 0.18%
Draper, UT $1,424.0 2.01% $1,735.0 -0.35%
West Jordan, UT $1,459.0 0.48% $1,706.0 -0.58%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.