The Zumper Salt Lake City Metro Report analyzed active listings last month across metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Utah one bedroom median rent was $1,197 last month.
The Most Expensive
- West Valley City was the most expensive city with one-bedrooms priced at $1,370.
- Salt Lake City was the second priciest market with rent at $1,340.
- Layton ranked third with rent at $1,310.
The Least Expensive
- Elko was the most affordable market with one-bedrooms priced at $900.
- South Salt Lake ranked as the second least expensive with rent at $1,080.
- Ogden was third with rent at $1,080.
The Fastest Growing (Y/Y%)
- Ogden had the fastest growing rent, up 9% since this time last year.
- Elko saw rent climb 2.3%, making it the second fastest growing.
- West Valley City was third with rent increasing 2.2%.
The Fastest Growing (M/M%)
- Layton had the largest monthly growth rate, up 5.6%.
- Salt Lake City was second with rent climbing 3.1%.
About
The Zumper Salt Lake City Metro Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
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