Markets › Salt Lake City
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Salt Lake City UT
Covers Salt Lake City and Murray.
Current market read
Balanced market
ConditionBalanced
Balanced on the yearly data, and steady on the recent monthly signals.
From public data. The situation now, not a forecast.
Renter Google searchabout 5,400 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 5,400 searches in July 2026, for Salt Lake City on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Mixed
Pulling both ways, asking rents are slipping and jobs are growing, as of Aug 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
-0.4%
▼ Year over year
SEP ’24AUG ’26
Census 2024: +1.2% · US avg +5.2%
Median rentCENSUS · 2024
$1,659/mo
Typical rent, 2024 yearly count
In the news · Salt Lake CityNEWS · DAILY
Latest local coverage, 3 days ago.● softer● neutral● firmer
New Salt Lake City housing opens for people leaving homelessnessUtah housing market remains among most expensive in USCommission delays housing proposal vote that has Salt Lake City residents splitView all 8 Salt Lake City news →Demand vs supplyCENSUS + BLS
Moderate demand
DEMAND
Jobs+2.5%
Migration 2025-4.66/1k
SUPPLY
Permits 2025+168.4%
Vacancy 20245.1%
Rent vs buyFREDDIE MAC · WEEKLY
+$2,577/mo
Cheaper to rent than buying
rent $1,659 · own $4,236
$1,659RENT
$4,236OWN
Net migrationCENSUS · 2025
−4.66/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.