How much does it cost to rent in Park City, UT?

As of July 2026, the median monthly rent in Park City, UT is $3,888. This figure is based on aggregated data from public sources and community-submitted rents.

Is Park City cheaper than other Utah cities?

Park City is one of the pricier cities in Utah, ranking #1 out of 56 cities tracked at $3,888/mo.

When was Park City rent data last updated?

Park City rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · UT

Park City

Name: Average Rent Prices in Park City, UT
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 8,362·1st most expensive in Utah·Park City rents are up 21.6% over the past year

Median rent (all units)

$3,888/mo

Year-over-Year

+21.6%

Month-over-Month

+5.3%

vs US Median

+$1,923

Rising (Monthly)

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Most AffordableMost Expensive

Park City · $3,888

More expensive than 97% of US cities · National median $1,965/mo

Rent Reality Score

17/100

Overheated

OverheatedFairGreat value

Rents are 17% above what Park City's 10-year trend predicts — running hotter than its own history.

Actual rent

$3,888/mo

Expected by trend

$3,339/mo

The Rent Reality Score compares today's median rent to where Park City's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,625

1 BR

$1,655

2 BR

$2,030

3 BR

$2,685

4 BR+

$2,790

Research median

$2,030/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$46,656/yr

At $3,888/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 21.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+21.6% YoY, +5.3% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Park City, UT is majority owner-occupied, has a large retiree population, has a median income above the national average, 67.2% of residents hold a bachelor's degree or higher.

Population

8,362

Median income

$133,558

Median age

48.2

Renters

25.4%

Age distribution

16.7%

18.8%

23.6%

19.3%

21.6%

Under 1816.7%

18–3418.8%

35–5423.6%

55–6419.3%

65+21.6%

Gender

49.7%

50.3%

Male49.7%

Female50.3%

Race & ethnicity

77.7%

14.8%

White77.7%

Black0.8%

Hispanic14.8%

Asian2.3%

Other4.5%

Education (25+)

16.9%

67.2%

No HS diploma4%

HS diploma12%

Some college16.9%

Bachelor's+67.2%

Housing tenure

74.6%

25.4%

Owner74.6%

Renter25.4%

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

2023 vs 2026

How Park City, UT has changed in 5 years

Rent

$3,110 → $3,888

up 25.0%

Income

$121,701 → $133,558

up 9.7%

Population

8,352 → 8,362

up 0.1%

Renter share

28.1% → 25.4%

-2.7 pts

Bachelor's+

66.5% → 67.2%

+0.7 pts

Median age

41.1 → 48.2

+7.1 yrs

Compared with 2023, rent in Park City, UT has increased by $778 per month, settling near $3,888 after starting the period at $3,110. Local incomes tracked alongside that move, going from a median of $121,701 in 2021 to $133,558 more recently. Rent outpaced income growth by roughly 15.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 25.4% of households rent today, against 28.1% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Park City, UT market of 2023.

Community

Discussions about Park City

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View Park City rent history (2015–2026) →

Salary vs rent

Can you afford rent in Park City on your salary?

At $3,888/mo, how Park City rent compares to typical pay (30% rule).

Registered Nurse

Avg $90,701/yr · Rent = 51.4% income

severely rent-burdened

Elementary School Teacher

Avg $64,397/yr · Rent = 72.5% income

severely rent-burdened

Police Officer

Avg $74,179/yr · Rent = 62.9% income

severely rent-burdened

Software Developer

Avg $132,586/yr · Rent = 35.2% income

stretched

Lawyer

Avg $169,411/yr · Rent = 27.5% income

affordable

Firefighter

Avg $60,298/yr · Rent = 77.4% income

severely rent-burdened

Truck Driver

Avg $54,442/yr · Rent = 85.7% income

severely rent-burdened

Electrician

Avg $67,104/yr · Rent = 69.5% income

severely rent-burdened

By apartment size

Park City rent by bedroom count

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

Local insights

Tips for renters in Park City

About renting in Park City, UT

Last updated: July 20, 2026

The median rent in Park City is $3,888/mo as of July 2026. A studio apartment averages $1,625/mo while a 2-bedroom runs $2,030/mo. One-bedroom apartments average $1,655/mo and 3-bedroom units go for $2,685/mo.

At 35% of local median household income ($133,558/yr), Park City ranks as moderate compared to the national benchmark of 30%. Rents have increased 21.6% over the past year.

FAQ

Frequently asked questions

Is Park City an affordable city for renters?

Park City is considered moderate for renters. At $3,888/mo, rent takes approximately 35% of the local median household income ($133,558/yr). The standard benchmark is 30%. Park City slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Park City?

To keep rent at or below 30% of gross income, you would need to earn at least $156,000/year (~$75/hour full-time) to afford the median rent of $3,888/mo in Park City. The local median household income is $133,558/yr, meaning the typical Park City household falls short of that threshold.

Is rent going up or down in Park City?

Rent in Park City has increased 21.6% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Park City neighborhoods have the lowest rent?

The most affordable ZIP codes in Park City are 84060 ($3,691/mo), and 84098 ($3,930/mo). Citywide, the median rent in Park City is $3,888/mo.

How does Park City rent compare to other cities in Utah?

Park City is one of the pricier cities in Utah for rent, ranking #1 out of 56 tracked cities at $3,888/mo.

Which nearby cities are cheaper to rent in than Park City?

Several nearby cities have lower median rents than Park City ($3,888/mo): Millcreek ($1,531/mo), American Fork ($1,689/mo), Cottonwood Heights ($1,693/mo).

What percentage of Park City residents rent vs. own?

According to Census data, approximately 25.4% of Park City households are renters, while 74.6% are owner-occupied. Park City leans toward homeownership, which can mean a smaller rental inventory.

How does Park City rent compare to the national average?

Park City's median rent of $3,888/mo is $1,923 (98%) above the US national median of $1,965/mo. Within Utah, it ranks #1 out of 56 tracked cities.

Income Affordability

35%

MODERATE

At $3,888/mo, rent takes ~35% of Park City's median household income ($133,558/yr). The standard benchmark is 30%.

Park City 35%Benchmark 30%

State income tax4.55%

Run the Park City affordability calculator →

Nearby cities