City Report · UT

Holladay

Pop. 31,099·14th most expensive in Utah·Rental market data updated monthly for Holladay, UT
Median rent (all units)
$2,117/mo
Year-over-Year
Stable
Month-over-Month
-0.4%
vs US Median
+$152
Stable (Monthly)
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Most AffordableMost Expensive
Holladay · $2,117
More expensive than 65% of US cities · National median $1,965/mo
Rent Reality Score
24/100
Overpriced
OverheatedFairGreat value

Rents are 13% above what Holladay's 10-year trend predicts — running hotter than its own history.

Actual rent
$2,117/mo
Expected by trend
$1,872/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
Research median
$1,810/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$25,404/yr
At $2,117/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, -0.4% MoM), not inventory.
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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
$1,587 → $2,117
up 33.4%
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 33.4% since 2023, going from about $1,587 per month to roughly $2,117 today. Local incomes tracked alongside that move, going from a median of $97,911 in 2021 to $117,043 more recently. Rent outpaced income growth by roughly 13.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 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 $2,117/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: July 20, 2026

The median rent in Holladay is $2,117/mo as of July 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 22% 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

Is Holladay an affordable city for renters?

Holladay is considered very affordable for renters. At $2,117/mo, rent takes approximately 22% of the local median household income ($117,043/yr). The standard benchmark is 30%. Holladay falls comfortably within that range.

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 $85,000/year (~$41/hour full-time) to afford the median rent of $2,117/mo in Holladay. The local median household income is $117,043/yr, meaning the typical Holladay household meets that threshold.

Is rent going up or down in Holladay?

Rent in Holladay has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

Which Holladay neighborhoods have the lowest rent?

The most affordable ZIP codes in Holladay are 84117 ($1,553/mo), and 84124 ($2,257/mo). Citywide, the median rent in Holladay is $2,117/mo.

How does Holladay rent compare to other cities in Utah?

Holladay is one of the pricier cities in Utah for rent, ranking #14 out of 56 tracked cities at $2,117/mo.

Which nearby cities are cheaper to rent in than Holladay?

Several nearby cities have lower median rents than Holladay ($2,117/mo): Taylorsville ($1,417/mo), Murray ($1,461/mo), Midvale ($1,529/mo).

What percentage of Holladay residents rent vs. own?

According to Census data, approximately 21.3% of Holladay households are renters, while 78.7% are owner-occupied. Holladay leans toward homeownership, which can mean a smaller rental inventory.

How does Holladay rent compare to the national average?

Holladay's median rent of $2,117/mo is $152 (8%) above the US national median of $1,965/mo. Within Utah, it ranks #14 out of 56 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $2,117/mo, rent takes ~22% of Holladay's median household income ($117,043/yr). The standard benchmark is 30%.

Holladay 22%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

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