Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Salt Lake City Metro Report: February 2018

The Zumper Salt Lake City Metro Report analyzed active listings in January across 10 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Utah state median rent was $857 last month.

Cities Ranked By Rent

Slide7

The Most Expensive

–Sandy, UT rent grew $50 to $1,100 and continued to rank as the most expensive in the metro.

–South Jordan, UT moved up one spot, and past Midvale, to become the second priciest city with rent at $1,020.

–Midvale, UT fell to third with one bedrooms priced at $980.

The Least Expensive

– South Salt Lake, UT rent dropped $40 to $730 and remained the most affordable in the metro.

–Millcreek, UT ranked as second with rent at $800.

–Murray, UT dropped one spot to become the third least expensive city with rent at $860.

Growth Rate

Slide8

The Fastest Growing (Y/Y%)

–Salt Lake City, UT had the fastest growing rent since this time last year, climbing 15.9%.

–Sandy, UT followed closely behind as second with rent growing 15.8%.

–Taylorsville, UT had the third largest year over year rental growth rate, up 15.2%.

The Fastest Growing (M/M%)

–Sandy, UT also had a large monthly rental growth rate, increasing 4.8%.

SLCfeb

Full Data

  1 Bedroom  2 Bedrooms  
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Sandy$1,1004.80%15.80%$1,2500.80%1.60%
2South Jordan$1,0203.00%4.10%$1,3000.80%2.40%
3Midvale$980-2.00%-3.00%$1,070-0.90%15.10%
4Salt Lake City$950-3.10%15.90%$1,230-3.10%15.00%
5Taylorsville$9103.40%15.20%$980-1.00%7.70%
6West Jordan$900-1.10%5.90%$1,0205.20%10.90%
7West Valley City$8803.50%8.60%$9805.40%10.10%
8Murray$8601.20%-1.10%$9200.00%0.00%
9Millcreek$800-2.40%0.00%$950-1.00%-2.10%
10South Salt Lake$730-5.20%-6.40%$8904.70%6.00%

About

The Zumper Dallas Metro Report analyzed active listings of Salt Lake City apartments that hit the market in January 2018. Listings are aggregated by city to calculate median asking rents.

In the market for a new place? Search all Salt Lake City apartments on Zumper now.

Stay up to date with Zumper by following us on Facebook, Twitter, Instagram, & Pinterest.

The post Salt Lake City Metro Report: February 2018 appeared first on The Zumper Blog.



This post first appeared on The Zumper Blog | Rental Market Trends, Real Estat, please read the originial post: here

Share the post

Salt Lake City Metro Report: February 2018

×

Subscribe to The Zumper Blog | Rental Market Trends, Real Estat

Get updates delivered right to your inbox!

Thank you for your subscription

×