Market Summary

Salt Lake City, Salt Lake County, UT

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Median Home Price Price

$550,740 $550.7K

Median Monthly Rent Rent

$1,673 $1.7K

GRM

27.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Salt Lake County

Region Price Rent GRM Display
$529,615 $1,848 24.0x
$479,459 $1,828 22.0x
$607,351 $1,851 27.0x
$480,857 $1,844 22.0x
$428,795 $1,819 20.0x
$542,385 $1,978 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets within UT outside of Salt Lake County

Region Price Rent GRM Display
$496,059 $1,689 24.0x
$464,627 $1,382 28.0x
$647,722 $1,793 30.0x
$563,383 $2,498 19.0x
$481,478 $1,649 24.0x
$453,380 $1,781 21.0x
$549,657 $2,297 20.0x
$509,802 $1,978 21.0x
$529,401 $1,982 22.0x
$488,040 $1,836 22.0x
$507,072 $1,934 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of UT

Region Price Rent GRM Display
$493,628 $1,633 25.0x
$387,270 $1,712 19.0x
$484,380 $1,687 24.0x
$579,819 $1,727 28.0x
$532,017 $1,678 26.0x
$617,963 $2,124 24.0x
$411,108 $1,585 22.0x
$485,863 $1,613 25.0x
$560,048 $1,623 29.0x
$400,500 $1,313 25.0x
$317,312 $1,629 16.0x
$468,815 $1,466 27.0x
$541,917 $1,736 26.0x
$458,290 $1,786 21.0x
$349,908 $1,612 18.0x
$441,444 $1,629 23.0x
$658,252 $2,354 23.0x
$336,662 $1,586 18.0x
$659,789 $2,415 23.0x
$370,820 $1,667 19.0x
$617,623 $1,593 32.0x
$362,132 $1,678 18.0x
$390,808 $1,632 20.0x
$618,802 $2,523 21.0x
$415,197 $1,583 22.0x

Home prices

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Monthly rent

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GRM

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Salt Lake City

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Trend Insights

Median Rent in Salt Lake City, UT is $1,673, with MoM change +$14 and YoY change +$71 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Salt Lake City, UT.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Salt Lake City, UT
Compare market Select a market
Delta vs base
Median rent
$1,673
N/A
Median price
$550,740
N/A
YoY change
+$71
N/A
Price-to-rent
27.4x
Data unavailable
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