ZIP Code · UT

ZIP 84101

Pop. 9,381·Salt Lake County·59th most expensive ZIP in Utah
Median rent (all units)
$1,552/mo
Year-over-Year
+1.4%
Month-over-Month
Stable
vs US Median
-$380
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 84101 · $1,552
More affordable than 69% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,170
1 BR
$1,360
2 BR
$1,630
3 BR
$2,180
4 BR+
$2,490
Research median
$1,630/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 84101 usually run 1.6% below trend in February and 1.1% above it in July, about $42 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 84101 is 0.3% below its high of $1,556 in February 2023, at $1,552 as of September 2026.

Past year vs. the rest of Utah

Rent in ZIP 84101 changed +1.4% over the year to September 2026. Across the 66 Utah ZIP codes Zillow tracks, the typical change was +1.3%.

Since before the pandemic

Rent in ZIP 84101 is 34.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($72,735) is $1,818 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,630); a 3-bedroom is $2,180.

Rank in Salt Lake City

4th cheapest of 9 ZIP codes in Salt Lake City.

Cheaper nearby

ZIP 84102, 2 miles away, rents for 10% less ($1,391/mo), about $1,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 84101. 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
$18,624/yr
At $1,552/mo median
Location
StateUT
CountySalt Lake 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 (+1.4% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 84101 (Salt Lake City, UT) is majority renter-occupied, skews toward younger working-age adults, 52.2% of residents hold a bachelor's degree or higher.

Population
9,381
Median income
$72,735
Median age
31.8
Renters
79.3%
Age distribution
50.3%
24.2%
13.2%
Under 186.2%
18–3450.3%
35–5424.2%
55–646.2%
65+13.2%
Gender
56.1%
43.9%
Male56.1%
Female43.9%
Race & ethnicity
70.6%
19.1%
White70.6%
Black7.7%
Hispanic19.1%
Asian6.2%
Education (25+)
17%
25.3%
52.2%
No HS diploma5.5%
HS diploma17%
Some college25.3%
Bachelor's+52.2%
Housing tenure
20.7%
79.3%
Owner20.7%
Renter79.3%

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

2021 vs 2026

How ZIP 84101 in Salt Lake City, UT has changed in 5 years

Rent
$1,273 → $1,552
up 21.9%
Income
$50,000 → $72,735
up 45.5%
Population
6,422 → 9,381
up 46.1%
Renter share
76.1% → 79.3%
+3.2 pts
Bachelor's+
45.7% → 52.2%
+6.5 pts
Median age
35.8 → 31.8
-4.0 yrs

Rent in ZIP 84101 in Salt Lake City, UT has climbed 21.9% since 2021, going from about $1,273 per month to roughly $1,552 today. On the earnings side, the typical household in ZIP 84101 in Salt Lake City, UT now reports about $72,735, up from $50,000 in 2021. Income growth outran rent by about 23.6 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 6,422 to 9,381 between 2021 and 2024, a 46.1% change. About 79.3% of households rent today, against 76.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 45.7% to 52.2%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 84101 in Salt Lake City, UT reflects that arc in its own way.

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About renting in ZIP 84101

Last updated: October 17, 2026

ZIP code 84101 covers Salt Lake City, UT. The median rent here is $1,552/mo as of October 2026. A 1-bedroom rents for a median of $1,360/mo. A 2-bedroom rents for a median of $1,630/mo.

At 26% of local median household income ($72,735/yr), ZIP 84101 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 84101?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,552/mo in ZIP 84101. The local median household income is $72,735/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 84101?

Rent in ZIP 84101 has risen 1.4% over the past year as of September 2026. It sits 0.3% below its high of $1,556 in February 2023.

When is the cheapest time to rent in ZIP 84101?

Asking rents in ZIP 84101 are usually lowest in February, about 1.6% below their yearly trend, and highest in July, about 1.1% above it. At today's median that is a gap of roughly $42 a month. This pattern comes from 7 years of Zillow rent data.

How does ZIP 84101 compare to other ZIPs in Utah?

ZIP 84101 is one of the more affordable among Utah ZIP codes for rent, ranking #59 of 79 at $1,552/mo. Over the year to September 2026, rent in ZIP 84101 changed +1.4%, against a typical +1.3% across the 66 Utah ZIP codes Zillow tracks.

How does ZIP 84101 compare to the rest of Salt Lake City?

At $1,552/mo, ZIP 84101 is $19 below the Salt Lake City citywide median of $1,571/mo. It is the 4th cheapest of 9 ZIP codes in Salt Lake City.
Income Affordability
26%
AFFORDABLE

At $1,552/mo, rent takes ~26% of ZIP 84101's median household income ($72,735/yr). The standard benchmark is 30%.

ZIP 84101 26%Benchmark 30%
State income tax4.55%
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