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Salt Lake City Apartment Completions Highest Ever Year-to-Date

Renter Foot Traffic Slows Across the Utah Capital
The second quarter reached a record high for completions with more than 2,000 units added to the apartment market.
The second quarter reached a record high for completions with more than 2,000 units added to the apartment market.
CoStar Analytics
August 21, 2023 | 7:17 P.M.

Roughly 3,000 apartment units were completed by Salt Lake City developers in the first six months of 2023, increasing inventory by about 3.5%. This represents a metro record high for completions in the first half of the year. The second quarter also marked the first time at least 2,000 units were completed in a single quarter.

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News | Salt Lake City Apartment Completions Highest Ever Year-to-Date