City Report · UT

Holladay

Pop. 31,099·14th most expensive in Utah·Rental market data updated monthly for Holladay, UT
Median rent (all units)
$2,065/mo
Year-over-Year
Stable
Month-over-Month
-0.2%
vs US Median
+$133
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Holladay · $2,065
More expensive than 64% of US cities · National median $1,932/mo
Rent Reality Score
51/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Holladay's 10-year trend predicts.

Actual rent
$2,065/mo
Expected by trend
$2,072/mo
The Rent Reality Score compares today's median rent to where Holladay's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,290
1 BR
$1,505
2 BR
$1,810
3 BR
$2,430
4 BR+
$2,765
Fair Market Rent (HUD)
$1,810/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,065 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Holladay is 0.2% below its high of $2,069 in August 2026, at $2,065 as of September 2026.

Past year vs. the rest of Utah

Rent in Holladay changed +5.7% over the year to September 2026. Across the 44 Utah cities Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($117,043) is $2,926 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,765).

Cheaper nearby

Murray, 3 miles away, rents for 29% less ($1,465/mo), about $7,200 a year in savings.

From Zillow's monthly rent index (ZORI) for Holladay. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,780/yr
At $2,065/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.2% MoM), not inventory.
Rent check

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Demographics

Who lives here

Holladay, UT is majority owner-occupied, has a median income above the national average, 59.2% of residents hold a bachelor's degree or higher.

Population
31,099
Median income
$117,043
Median age
40.6
Renters
21.3%
Age distribution
24.2%
19.6%
26%
18.9%
Under 1824.2%
18–3419.6%
35–5426%
55–6411.3%
65+18.9%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
86.2%
White86.2%
Black0.9%
Hispanic8%
Asian3.2%
Other1.8%
Education (25+)
27%
59.2%
No HS diploma1.8%
HS diploma11.9%
Some college27%
Bachelor's+59.2%
Housing tenure
78.7%
21.3%
Owner78.7%
Renter21.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Holladay, UT has changed in 5 years

Rent
$1,783 → $2,065
up 15.8%
Income
$97,911 → $117,043
up 19.5%
Population
31,738 → 31,099
down 2.0%
Renter share
21.3% → 21.3%
+0.0 pts
Bachelor's+
57.2% → 59.2%
+2.0 pts
Median age
39.7 → 40.6
+0.9 yrs

Rent in Holladay, UT has increased 15.8% since 2023, going from about $1,783 per month to roughly $2,065 today. Local incomes tracked alongside that move, going from a median of $97,911 in 2021 to $117,043 more recently. Income growth outran rent by about 3.7 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 31,738 to 31,099 between 2021 and 2024, a 2.0% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 57.2% to 59.2%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Holladay, UT market of 2023.

Community

Discussions about Holladay

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View Holladay rent history (2015–2026) →
Salary vs rent

Can you afford rent in Holladay on your salary?

At $2,065/mo, how Holladay rent compares to typical pay (30% rule).

By apartment size

Holladay rent by bedroom count

Median rent for each apartment size in Holladay. Click any size for full breakdown.

Local insights

Tips for renters in Holladay

About renting in Holladay, UT

Last updated: October 17, 2026

The median rent in Holladay is $2,065/mo as of October 2026. A studio apartment averages $1,290/mo while a 2-bedroom runs $1,810/mo. One-bedroom apartments average $1,505/mo and 3-bedroom units go for $2,430/mo.

At 21% of local median household income ($117,043/yr), Holladay ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Holladay?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (about $40/hour full-time) to afford the median rent of $2,065/mo in Holladay. The local median household income is $117,043/yr, so the typical household meets that bar.

Is rent going up or down in Holladay?

Rent in Holladay has been roughly flat over the past year as of September 2026, a 0.0% change. It sits 0.2% below its high of $2,069 in August 2026.

Which Holladay neighborhoods have the lowest rent?

The most affordable ZIP codes in Holladay are 84117 ($1,580/mo), and 84124 ($2,066/mo). Citywide, the median rent is $2,065/mo.

How does Holladay rent compare to other cities in Utah?

Holladay is one of the pricier among Utah cities for rent, ranking #14 of 55 tracked cities at $2,065/mo. Over the year to September 2026, rent in Holladay changed +5.7%, against a typical +1.8% across the 44 Utah cities Zillow tracks.

Which nearby cities are cheaper to rent in than Holladay?

Nearby cities with lower median rent than Holladay ($2,065/mo) include Murray ($1,465/mo), South Salt Lake ($1,529/mo), and Midvale ($1,606/mo).
Income Affordability
21%
VERY AFFORDABLE

At $2,065/mo, rent takes ~21% of Holladay's median household income ($117,043/yr). The standard benchmark is 30%.

Holladay 21%Benchmark 30%
State income tax4.55%
Run the Holladay affordability calculator →
Lowest-rent ZIP codes in Holladay
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Holladay, UT

Recent submissions

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