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Multifamily Rent Growth Accelerates to Record Highs in Utah's Capital

Investors Paying Premium Prices for Salt Lake City Apartments
CoStar Analytics
November 8, 2021 | 7:20 P.M.

Salt Lake City's apartment rent growth continues to soar to new heights. Asking rents increased by more than 15% annually and the average rent is greater than $1,400 a month. Although rents have risen aggressively in the past year, Salt Lake City is still a bargain relative to coastal markets.

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News | Multifamily Rent Growth Accelerates to Record Highs in Utah's Capital