At $3,528/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,528 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 →
12-month history
Last updated: August 17, 2026
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Park City, UT has changed in 5 years
Compared with 2023, rent in Park City, UT has increased by $418 per month, settling near $3,528 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 3.7 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.
Discussions about Park City
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Can you afford rent in Park City on your salary?
At $3,528/mo, how Park City rent compares to typical pay (30% rule).
Park City rent by bedroom count
Median rent for each apartment size in Park City. Click any size for full breakdown.
Tips for renters in Park City
Last updated: August 17, 2026
The median rent in Park City is $3,528/mo as of August 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 32% of local median household income ($133,558/yr), Park City ranks as moderate compared to the national benchmark of 30%. Rents have increased 10.8% over the past year.
Frequently asked questions
Is Park City an affordable city for renters?
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Which Park City neighborhoods have the lowest rent?
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What percentage of Park City residents rent vs. own?
How does Park City rent compare to the national average?
At $3,528/mo, rent takes ~32% of Park City's median household income ($133,558/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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