North Salt Lake, Utah Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the North Salt Lake, Utah rental market.

North Salt Lake, Utah

Average Apartment Rent

$1,611

Y-o-Y Change in Average
Apartment Rent

-0.1%

As of March 2026

Compared to a year ago, North Salt Lake, Utah apartments have recorded a -0.1% rent decrease.

North Salt Lake, Utah Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
North Salt Lake $1,619 $1,615 $1,618 $1,597 $1,591 $1,611 $1,629 $1,584 $1,611
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
North Salt Lake
National
Jul 2023
$1,619
$1,735
Nov 2023
$1,615
$1,724
Mar 2024
$1,618
$1,729
Jul 2024
$1,597
$1,750
Nov 2024
$1,591
$1,743
Mar 2025
$1,611
$1,749
Jul 2025
$1,629
$1,763
Nov 2025
$1,584
$1,749
Mar 2026
$1,611
$1,750

North Salt Lake, Utah Average Apartment Rent

North Salt Lake, Utah Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 47.31%, apartments priced $1,500 - $2,000 represent the bulk of North Salt Lake, Utah rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 10.52%.

North Salt Lake, Utah Housing tenure**

Renter occupied housing units 2,231
Owner occupied housing units 5,284

Renters take up 30% of North Salt Lake, Utah real estate, occupying a total of 2,231 units, while homeowners live in 5,284 properties.

Median number of rooms of renter-occupied housing units**

4.2

Renter median household income**

$60,337

Average household size of renter-occupied housing units**

2.73

Rental vacancy rate**

3.5%

North Salt Lake, Utah Renter-occupied housing units by no. of bedrooms**

No bedrooms 45
1 bed 315
2 beds 1,014
3 beds 703
4 beds 145

There are 1,014 rentals in North Salt Lake, Utah with 2 beds making up the highest share of the market, at 45%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 45 units. Overall, the median number of rooms in North Salt Lake, Utah homes for rent is 4.2.

North Salt Lake, Utah Renter-occupied units by age of householder**

15 - 24 years 500
25 - 34 years 417
35 - 44 years 857
45 - 54 years 179
55 - 59 years 42
60 - 64 years 48
65 - 74 years 156
75 - 84 years 17
85 years and over 15

Most condos for rent in North Salt Lake, Utah are occupied by residents in the 35 - 44 years age group (38%), followed by those in the 15 - 24 years age group (22%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

North Salt Lake, Utah Renter-occupied housing units by family type**

Family households 1,653
Non-Family Households 578

North Salt Lake, Utah Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 1,191
No related children of the householder under 18 1,040

A total of 1,653 apartments for rent in North Salt Lake, Utah, or 74% of all rentals are family households. Additionally, 53% of rental homes include children under the age of 18 – that’s 1,191 units. All in all, the median size of a renter-occupied household in North Salt Lake, Utah is 2.73.

North Salt Lake, Utah Renter-occupied housing units by educational attainment**

Less than high school graduate 180
High school graduate (including equivalency) 538
Some college or associate's degree 934
Bachelor's degree or higher 579

In terms of education, renters holding bachelor degrees or higher make up 26% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in North Salt Lake, Utah.

North Salt Lake, Utah Renter-occupied units by year structure built**

Built 2020 or later 55
Built 2010 - 2019 707
Built 2000 - 2009 471
Built 1990 - 1999 349
Built 1980 - 1989 232
Built 1970 - 1979 236
Built 1960 - 1969 123
Built 1950 - 1959 18
Built 1939 or earlier 30

The highest share of North Salt Lake, Utah apartment rentals, namely 32% or 707 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (21%, 471 units), and the ones Built 1990 - 1999 (16%, 349 units).

North Salt Lake, Utah Renter-occupied units by year householder moved in**

Moved in 2021 or later 365
Moved in 2018 to 2020 985
Moved in 2010 to 2017 741
Moved in 2000 to 2009 140

Median year renter moved into unit 2019

Most North Salt Lake, Utah renters (44%) moved in 2018 to 2020, while only 6% of them moved in 2000 to 2009. Overall, the median year renters have occupied their North Salt Lake, Utah condos for rent is 2019.

North Salt Lake, Utah Renter-occupied housing units by vehicles available**

No vehicle available 19
1 vehicle available 760
2 vehicles available 1,296
3 or more vehicles available 156

When it comes to transportation options, 58% of North Salt Lake, Utah renters have 2 vehicles available per household, 34% of them have 1 vehicle available, and 7% have 3 or more vehicles available.

North Salt Lake, Utah Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 2,315
Car, truck, or van - carpooled 306
Walked 147
Worked at home 461

North Salt Lake, Utah Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 3,521
Moved within same county 838
Moved from different county within same state 1,069
Moved from different state 458
Moved from abroad 41

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all North Salt Lake, Utah apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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