Salt Lake City Apartment Data

Read the latest Yardi Matrix Salt Lake City multifamily market report.

Salt Lake City is the 42nd largest multifamily market with 117,217 completed units and 55,743 units in development, 20,193 of which have already broken ground, as of September 2022.

Salt Lake City Multifamily Market Summary – September 2022

New lease asking rents are at $1,621, up 12.8%▲
from the previous year placing Salt Lake City at
16th overall in year-over-year rent growth

Salt Lake City Multifamily Market Summary – August 2022

New lease asking rents are at $1,614, up 14.5%▲
from the previous year placing Salt Lake City at
11th overall in year-over-year rent growth.

Salt Lake City Multifamily Market Summary – July 2022

New lease asking rents are at $1,608, up 16.3%▲
from the previous year placing Salt Lake City at
15th overall in year-over-year rent growth.

Salt Lake City Multifamily Market Summary – June 2022

New lease asking rents are at $1,598, up 18.1%▲
from the previous year placing Salt Lake City at
14th overall in year-over-year rent growth.

Salt Lake City Multifamily Market Summary – May 2022

New lease asking rents are at $1,574, up 18.5%▲
from the previous year placing Salt Lake City at
14th overall in year-over-year rent growth.

Salt Lake City Multifamily Market Summary – April 2022

New lease asking rents are at $1,563, up 20%▲
from the previous year placing Salt Lake City at
11th overall in year-over-year rent growth.

Salt Lake City Multifamily Market Summary – March 2022

New lease asking rents are at $1,530, up 19.3%▲
from the previous year placing Salt Lake City at
14th overall in year-over-year rent growth.

Salt Lake City Multifamily Market Summary – February 2022

New lease asking rents are at $1,514, up 20.1%▲
from the previous year placing Salt Lake City at
14th overall in year-over-year rent growth.

Salt Lake City Multifamily Market Summary – January 2022

New lease asking rents are at $1,498, up 19.3%▲
from the previous year placing Salt Lake City at
17th overall in year-over-year rent growth.

Salt Lake City Multifamily Market Summary – December 2021

New lease asking rents are at $1,460, up 16.5%▲
from the previous year placing Salt Lake City at
27th overall in year-over-year rent growth.