How many apartments are available in 84111 on Rentable.co?

Rentable.co has 34 apartments available for rent in 84111.

What is the average rent for an apartment in 84111?

The average rent for an apartment in 84111 is around $1,410 per month.

What is the average rent for a one-bedroom apartment in 84111?

The average rent for a one-bedroom apartment in 84111 is around $1,410 per month.

What is the average rent for a two-bedroom apartment in 84111?

The average rent for a two-bedroom apartment in 84111 is around $2,030 per month.

What is the average rent for a studio apartment in 84111?

The average rent for a studio apartment in 84111 is around $1,125 per month.

Apartments in 84111

Salt Lake City:
May Rent Report

Welcome to the May 2024 Salt Lake City Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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

$1,800

$1,350

$900

$450

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Salt Lake City Rent Prices Increase From April to May

Salt Lake City rent prices increased over the last month. From April to May, the city experienced a 0.71% increase for the price of a one-bedroom apartment. The rent price for a Salt Lake City one-bedroom apartments currently stands at $1,275.0.

When we take a look at the two-bedroom comparison from April to May, Salt Lake City experienced a 2.3% increase for the price of a two-bedroom apartment. The rent price for a Salt Lake City two-bedroom apartments currently stands at $1,643.0.

May Prices: Salt Lake City vs. Surrounding Areas

Holladay, UT

Cottonwood Heights, UT

Murray, UT

Draper, UT

West Valley City, UT

Sandy, UT

North Salt Lake, UT

Salt Lake City, UT

$2,403

$1,696

$1,549

$1,477

$1,409

$1,389

$1,372

$1,266

$800

$1,600

$2,400

$3,200

Median 1 BR Rent

Rent Prices in Salt Lake City and Surrounding Areas

Rent prices have increased 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, Cottonwood Heights, UT .
Rent decreased in Murray, UT, Holladay, UT, West Valley City, UT, North Salt Lake, UT, Sandy, UT.
7 suburbs are currently priced higher than the city of Salt Lake City.

May 2024 Pricing Trends: Salt Lake City vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Salt Lake City, UT

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,283

$1,266

$1,178

$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 on the rise. 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 May	1 BR M/M % Change	2 BR May	2 BR M/M % Change
Salt Lake City, UT	$1,266.0	0.48%	$1,606.0	2.36%
Murray, UT	$1,549.0	-0.77%	$2,033.0	-0.15%
Holladay, UT	$2,403.0	-0.58%	$3,297.0	0.76%
West Valley City, UT	$1,409.0	-0.28%	$1,482.0	0.07%
Draper, UT	$1,477.0	0.55%	$1,777.0	-1.22%
Cottonwood Heights, UT	$1,696.0	2.73%	$2,171.0	17.35%
North Salt Lake, UT	$1,372.0	-2.56%	$1,733.0	0.06%
Sandy, UT	$1,389.0	-0.57%	$1,704.0	0.12%

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.