Rental numbers for Salt Lake County, UT
The typical home here runs -$2,466 a month at 7.78% with 25% down. 0 of 35 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 3.6%.
- Gross yield
- 3.5%
- typical home, Zillow
- Median ZIP yield
- 3.6%
- 35 ZIPs with full data
- Cash flow
- -$2,466/mo
- at 7.78%, 25% down
- Typical price
- $568,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,642/mo
- Zillow ZORI, Aug 2026
ZIP codes in Salt Lake County
36 with published figures
| 84118Kearns | $444,000 | $2,462 | 6.7% | 3.9% | -$960 | n/a |
| 84111Salt Lake City | $451,000 | $1,834 | 4.9% | 2.4% | -$1,512 | +0.5% |
| 84006Bingham Canyon | $427,000 | $1,690* | 4.8% | 2.3% | -$1,497 | n/a |
| 84120West Valley City | $466,000 | $1,832 | 4.7% | 2.2% | -$1,644 | -0.6% |
| 84129Taylorsville | $489,000 | $1,914 | 4.7% | 2.3% | -$1,718 | +1.1% |
| 84128West Valley City | $487,000 | $1,892 | 4.7% | 2.2% | -$1,727 | +0.6% |
| 84044Magna | $440,000 | $1,606 | 4.4% | 1.9% | -$1,692 | n/a |
| 84081West Jordan | $570,000 | $2,032 | 4.3% | 2.0% | -$2,131 | +0.9% |
| 84104Salt Lake City | $409,000 | $1,426 | 4.2% | 1.9% | -$1,568 | -5.0% |
| 84065Riverton | $643,000 | $2,235 | 4.2% | 1.9% | -$2,440 | +3.1% |
| 84119West Valley City | $432,000 | $1,492 | 4.2% | 1.7% | -$1,699 | -0.4% |
| 84115South Salt Lake | $453,000 | $1,551 | 4.1% | 1.8% | -$1,771 | -0.5% |
| 84096Herriman | $597,000 | $2,005 | 4.0% | 1.7% | -$2,369 | +2.2% |
| 84009South Jordan | $612,000 | $2,023 | 4.0% | 1.8% | -$2,397 | +2.7% |
| 84047Midvale | $477,000 | $1,571 | 4.0% | 1.6% | -$1,930 | -0.9% |
| 84101Salt Lake City | $496,000 | $1,572 | 3.8% | 1.6% | -$2,028 | +1.2% |
| 84094White City | $552,000 | $1,741 | 3.8% | 1.6% | -$2,252 | -5.4% |
| 84106Salt Lake City | $598,000 | $1,887 | 3.8% | 1.6% | -$2,438 | +2.2% |
| 84092Sandy | $868,000 | $2,642 | 3.6% | 1.6% | -$3,551 | +3.9% |
| 84093Sandy | $796,000 | $2,424 | 3.6% | 1.5% | -$3,281 | n/a |
| 84070Sandy | $531,000 | $1,610 | 3.6% | 1.4% | -$2,237 | -2.1% |
| 84088West Jordan | $573,000 | $1,647 | 3.5% | 1.3% | -$2,483 | +0.5% |
| 84095South Jordan | $758,000 | $2,162 | 3.4% | 1.3% | -$3,253 | +8.1% |
| 84107Murray | $498,000 | $1,412 | 3.4% | 1.2% | -$2,178 | -0.4% |
| 84109Millcreek | $813,000 | $2,293 | 3.4% | 1.2% | -$3,548 | +4.9% |
| 84116Salt Lake City | $452,000 | $1,258 | 3.3% | 1.1% | -$2,006 | -0.1% |
| 84108Salt Lake City | $948,000 | $2,635 | 3.3% | 1.3% | -$4,112 | n/a |
| 84123Taylorsville | $533,000 | $1,466 | 3.3% | 1.1% | -$2,377 | 0.0% |
| 84084West Jordan | $511,000 | $1,404 | 3.3% | 1.1% | -$2,290 | +0.4% |
| 84105Salt Lake City | $722,000 | $1,944 | 3.2% | 1.1% | -$3,207 | +3.6% |
| 84102Salt Lake City | $536,000 | $1,433 | 3.2% | 1.1% | -$2,422 | +0.3% |
| 84124Holladay | $833,000 | $2,052 | 3.0% | 0.9% | -$3,850 | +5.1% |
| 84121Cottonwood Heights | $746,000 | $1,760 | 2.8% | 0.8% | -$3,535 | +0.1% |
| 84117Holladay | $699,000 | $1,585 | 2.7% | 0.7% | -$3,357 | +3.7% |
| 84103Salt Lake City | $734,000 | $1,648 | 2.7% | 0.7% | -$3,538 | +1.2% |
| 84020Draper | $811,000 | $1,704 | 2.5% | 0.5% | -$3,999 | +1.9% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.5%
- Rent, 12 months
- +0.5%
- Rent minus price growth
- -1.0 pts
- Property tax
- 0.54%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $500,820 | $1,439 |
| Aug 2022 | $572,599 | $1,609 |
| Aug 2023 | $541,368 | $1,610 |
| Aug 2024 | $550,545 | $1,632 |
| Aug 2025 | $560,063 | $1,634 |
| Aug 2026 | $568,202 | $1,642 |
HUD Fair Market Rent
FY2027, Salt Lake City, UT HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,202 | $1,349 | $1,615 | $2,143 | $2,439 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 16.8
- 7,152 units, last 12 months
- National percentile
- 86th
- among US counties
Tools
Test a listing in Salt Lake County against today's rate.
Open the calculatorPart of the Salt Lake City, UT metro.
Questions
- Is Salt Lake County good for rental property?
- The typical home here runs -$2,466 a month at 7.78% with 25% down. 0 of 35 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 3.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Salt Lake County?
- About 0.54% of value, from Census ACS median taxes paid over median home value. On a $568,000 home that is about $3,063 a year.
- What is Fair Market Rent in Salt Lake County?
- HUD's FY2027 Fair Market Rent here is $1,349 for a 1-bedroom, $1,615 for a 2-bedroom and $2,143 for a 3-bedroom. Typical cash flow at today's rate is -$2,466 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.