April 22, 2026
Matrix Multifamily Salt Lake City Report-April 2026
SLC’s looking up
Advertised asking rents were down 0.4% on a trailing T3 basis through February, to $1,525, while the national average slid 0.1%. In 2025, developers completed 9,430 units, comprising 6.7% of existing stock and a whopping 350 bps above the U.S. figure.
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