Central City, Salt Lake City, UT Rental Market Trends
Average rent in Central City, Salt Lake City, UT by Number of Bedrooms
The average rent for an apartment listing in Central City, Salt Lake City, UT ranges from $1,526 ($2.82 per sqft) for studios to $3,487 ($2.77 per sqft) for 3BR units in Central City, Salt Lake City, UT. The chart below shows the average rent in Central City, Salt Lake City, UT for apartments by number of bedrooms:
Average apartment size in Central City, Salt Lake City, UT
The average apartment size in Central City, Salt Lake City, UT is 770 sqft, which is -23% below the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Central City, Salt Lake City, UT for each unit type:
Average Rent in Salt Lake City, UT by Neighborhood
There are 12 neighborhoods in Salt Lake City, UT . Capitol Hill is the most expensive neighborhood, with an average rent of $2,157 ($2.41 per sqft), and Jordan Meadows is the most affordable neighborhood in Salt Lake City, UT , with an average rent of $1,263 ($2.53 per sqft). The following tables show the Top 5 neighborhoods in Salt Lake City, UT by average rent and the top 5 most affordable neighborhoods in Salt Lake City, UT by average rent:
Top 5 most expensive neighborhoods in Salt Lake City, UT by average rent:
Top 5 most affordable neighborhoods in Salt Lake City, UT by average rent:
Average Rent in Salt Lake City, UT by Zip Code
There are 15 zip codes in Salt Lake City, UT . 84103 is the most expensive zip code, with an average rent of $2,156 ($2.41 per sqft), and 84116 is the most affordable zip code in Salt Lake City, UT , with an average rent of $1,352 ($1.76 per sqft). The following tables show the Top 5 zip codes in Salt Lake City, UT by average rent and the top 5 most affordable zip codes in Salt Lake City, UT by average rent:
Top 5 most expensive zip codes in Salt Lake City, UT by average rent:
Top 5 most affordable zip codes in Salt Lake City, UT by average rent:
Average Apartment Listing Volume and Average Time on Market in Central City, Salt Lake City, UT
Average number of days on market in Central City, Salt Lake City, UT
The average listing remains on the market for 13 days in Central City, Salt Lake City, UT. This is greater than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Central City, Salt Lake City, UT:
Available Apartments in Central City, Salt Lake City, UT by Unit Type
On May 28, 2023 Hello Data, Inc. surveyed 350 active apartment listings in Central City, Salt Lake City, UT. The graph below shows the breakdown of multifamily units listed by bedroom count:
Frequently Asked Questions – Central City, Salt Lake City, UT Average Rents
What are the most affordable neighborhoods in Salt Lake City, UT?
The most affordable neighborhoods in Salt Lake City, UT are Jordan Meadows, where the average rent is $1,263 ($2.53 per sqft) and Poplar Grove, where renters pay $1,346 ($1.92 per sqft) per month on average.
What are the most expensive neighborhoods in Salt Lake City, UT?
The most expensive neighborhoods in Salt Lake City, UT are Capitol Hill, with an average rent of $2,157 ($2.41 per sqft) and Sugar House, with an average rent of $1,832 ($1.85 per sqft) per month.
What are the most popular neighborhoods in Salt Lake City, UT?
The most popular neighborhoods in Salt Lake City, UT are Central City, with 351 active listings as of May 28, 2023 and Downtown, with 155 active listings as of May 28, 2023.
How much is a Studio apartment in Central City, Salt Lake City, UT?
The average monthly rental price for Studio apartments in Central City, Salt Lake City, UT is $1,526 ($2.82 per sqft).
How much is a 1 Bedroom apartment in Central City, Salt Lake City, UT?
The average monthly rental price for 1 Bedroom apartments in Central City, Salt Lake City, UT is $1,675 ($2.45 per sqft).
How much is a 2 Bedroom apartment in Central City, Salt Lake City, UT?
The average monthly rental price for 2 Bedroom apartments in Central City, Salt Lake City, UT is $2,513 ($2.40 per sqft).
How much is a 3 Bedroom apartment in Central City, Salt Lake City, UT?
The average monthly rental price for 3 Bedroom apartments in Central City, Salt Lake City, UT is $3,487 ($2.77 per sqft).