Salt Lake City, UT has a population of 194,188, while the median age is 32. The household income in Salt Lake City, UT is around $54,009. The homeownership rate among the residents is 48%. The median residential property value in Salt Lake City, UT that you should keep in mind is $266,800.
|Number Of Employees||106,439|
|Median Property Value||$266,800|
Salt Lake City is the most populous city in Utah, as well as the capital of the state. Salt Lake City is a paradise to anyone who loves mountains, hiking in national parks, and nature in general. What's more, it is a pretty affordable place to live both for renters and those who are lucky to have their own property.
Want to learn more about Salt Lake City? Check out some articles from the Rentberry blog:
Over the Nov 2022, the average rent for an apartment in/near Salt Lake City, UT decreased by 24.8% to $2,031.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 35.4% to $1,721. Pricing for 2-bed apartment also decreased by 22.7% and a place of this size will now cost you $1,932. 3-bed apartment rent pricing starts at $2,684, it decreased by 2.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 20.6% and made it down to $2,582.
The median rent for an apartment in Salt Lake City, UT decreased by 21.5% to $2,061. Statistics show that house rent price decreased by 43.5% this month making it up to $2,421. Condos faced an upward trend these days. The median rent for a condo decreased by 38%, it’s now available for $1,647. An average duplex is now available for $1,448, cause median rent for a duplex remains the same this month. The median rent for a loft did not face significant changes this time, it now still goes for $1,250. An average room will now go for $844, the median rent price for a room decreased by 11.2%. The median rent for a townhouse increased by 4.8%, you’ll have to spend around $1,860 to get one.