Apartments for Rent in Central City, Salt Lake City, UT

Central City, Salt Lake City apartment availability

Central City, Salt Lake City offers a very strong selection of rental listings, with an average of 285 rentals available each month in 2024. The majority of rentals are 1-bedroom and studio apartments, making up a significant portion of the neighborhood's listings. Many of these apartments cater to pet owners, with 69% allowing pets with some restrictions. This neighborhood is an excellent option for renters looking for a variety of choices, with a range of unit types and pet-friendly amenities.

Central City, Salt Lake City rental market trends

Central City, Salt Lake City's rental market experienced a slight decline in 2024, with average monthly rents decreasing by 2.2% to $1,490. Breaking it down by bed count, 1-bedrooms averaged $1,419 per month, a 4.1% decrease from the previous year. In contrast, 2-bedrooms saw a 4.3% increase to $2,056, while 3-bedrooms experienced a significant 40.1% jump to $3,180. Studio apartments averaged $1,130 per month, a 3.8% decrease.

The summer months tend to see higher demand and prices in Central City, with June typically being the most expensive month. Rents in June are about 20.1% higher compared to December, the month with the lowest average rent. If you're looking for a new apartment, December might be a good time to find a deal, as prices are lower and there's less competition. On the other hand, be prepared for a more competitive market during the summer months, especially in June.

Why Central City, Salt Lake City is a great place to live

Central City is a hub for renters prioritizing fitness and socializing. Our analysis of local amenities and apartment features reveals that this neighborhood excels in supporting active lifestyles and vibrant social scenes.

With numerous onsite gyms, health and wellness events, and proximity to yoga and fitness centers, Central City makes it easy to prioritize fitness and wellness. Additionally, features like low VOC materials and soundproofing contribute to a healthy living environment. For those who value social connections, the area's restaurants, high safety ratings, frequent transit options, and excellent walk score create an ideal setting for exploring and engaging with the community. If you're looking for a neighborhood that supports your active and social lifestyle, Central City is an excellent choice.