Apartments for Rent in Fairpark, Salt Lake City, UT

Fairpark, Salt Lake City apartment availability

Fairpark's rental market offers a good selection of listings, with an average of 29 rentals available each month. The majority of rentals in Fairpark are 2-bedroom apartments, followed by 1-bedroom and 3-bedroom options. Many of these apartments offer convenient amenities, including in-unit laundry, which is available in over 70% of rentals. Additionally, the neighborhood is pet-friendly, with nearly 70% of apartments allowing small pets. This makes Fairpark a great option for renters who value convenience and flexibility.

Fairpark, Salt Lake City rental market trends

Fairpark, Salt Lake City's rental market is experiencing significant growth, with average monthly rents increasing by 9.4% year-over-year to $1,636 in 2024. The most notable surge is in 1-bedroom units, which have jumped 29.5% to $1,582 per month. In contrast, studio apartments have seen a decline of 18.3% to $755 per month.

The most expensive month to rent in Fairpark is October, with prices 21.5% higher than in January, the least expensive month. This trend suggests that renters looking for a better deal should consider searching during the winter months. With the significant increase in 1-bedroom and 3-bedroom units, renters may want to act quickly to secure a lease in this rapidly changing market.

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

Fairpark stands out as a top choice for renters prioritizing social living and environmental sustainability. The neighborhood's focus on eco-friendliness is evident in its use of sustainable materials in construction, waste recycling and composting programs, and community solar projects. Additionally, the presence of parks and recreation areas, rainwater harvesting systems, and low-flow fixtures contribute to a reduced carbon footprint. Fairpark's social scene is also thriving, thanks to its high walk score, well-maintained street infrastructure, and reliable transit options. The neighborhood's age distribution and emphasis on safety further enhance its appeal for those seeking a vibrant community. Overall, Fairpark offers an ideal blend of eco-conscious living and social connectivity, making it an attractive option for like-minded renters.