ZIP Code · UT

ZIP 84054

Part of North Salt Lake, UT

Pop. 22,355·Davis County·34th most expensive ZIP in Utah

Median rent (all units)

$1,787/mo

Year-over-Year

+0.8%

Month-over-Month

-0.3%

vs US Median

-$145

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 84054 · $1,787

More affordable than 52% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,380

1 BR

$1,470

2 BR

$1,850

3 BR

$2,480

4 BR+

$2,990

Research median

$1,850/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 84054 usually run 0.8% below trend in February and 0.5% above it in June, about $23 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 84054 is 2.5% below its high of $1,832 in April 2026, at $1,787 as of September 2026.

Past year vs. the rest of Utah

Rent in ZIP 84054 changed +0.8% over the year to September 2026. Across the 66 Utah ZIP codes Zillow tracks, the typical change was +1.3%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($101,860) is $2,547 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,480); a 4-bedroom is $2,990.

Cheaper nearby

ZIP 84116, 3 miles away, rents for 30% less ($1,250/mo), about $6,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 84054. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,444/yr

At $1,787/mo median

Location

CityNorth Salt Lake

StateUT

CountyDavis County

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 (+0.8% YoY, -0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 84054 (North Salt Lake, UT) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 43.7% of residents hold a bachelor's degree or higher.

Population

22,355

Median income

$101,860

Median age

32.6

Renters

33.1%

Age distribution

28.7%

24.8%

29.7%

Under 1828.7%

18–3424.8%

35–5429.7%

55–647%

65+9.8%

Gender

50.9%

49.1%

Male50.9%

Female49.1%

Race & ethnicity

73.9%

20.2%

White73.9%

Black0.5%

Hispanic20.2%

Asian5.5%

Education (25+)

19.1%

27.7%

43.7%

No HS diploma9.5%

HS diploma19.1%

Some college27.7%

Bachelor's+43.7%

Housing tenure

66.9%

33.1%

Owner66.9%

Renter33.1%

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

2021 vs 2026

How ZIP 84054 in North Salt Lake, UT has changed in 5 years

Rent

$1,393 → $1,787

up 28.3%

Income

$85,213 → $101,860

up 19.5%

Population

21,443 → 22,355

up 4.3%

Renter share

31.1% → 33.1%

+2.0 pts

Bachelor's+

43.2% → 43.7%

+0.5 pts

Median age

30.8 → 32.6

+1.8 yrs

Since 2021, the typical rent in ZIP 84054 in North Salt Lake, UT has increased from $1,393 to $1,787, a 28.3% change over five years. Census figures show median household income at $101,860 today, compared with $85,213 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 4.3% since 2021, moving from about 21,443 residents to roughly 22,355. Renters now make up 33.1% of households, compared with 31.1% five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 84054

Last updated: October 17, 2026

ZIP code 84054 covers North Salt Lake, UT. The median rent here is $1,787/mo as of October 2026. A 1-bedroom rents for a median of $1,470/mo. A 2-bedroom rents for a median of $1,850/mo.

At 21% of local median household income ($101,860/yr), ZIP 84054 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 84054?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (about $34/hour full-time) to afford the median rent of $1,787/mo in ZIP 84054. The local median household income is $101,860/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 84054?

Rent in ZIP 84054 has risen 0.8% over the past year as of September 2026. It sits 2.5% below its high of $1,832 in April 2026.

When is the cheapest time to rent in ZIP 84054?

Asking rents in ZIP 84054 are usually lowest in February, about 0.8% below their yearly trend, and highest in June, about 0.5% above it. At today's median that is a gap of roughly $23 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 84054 compare to other ZIPs in Utah?

ZIP 84054 is in the middle among Utah ZIP codes for rent, ranking #34 of 79 at $1,787/mo. Over the year to September 2026, rent in ZIP 84054 changed +0.8%, against a typical +1.3% across the 66 Utah ZIP codes Zillow tracks.