ZIP Code · UT

ZIP 84102

Pop. 18,777·Salt Lake County·76th most expensive ZIP in Utah
Median rent (all units)
$1,391/mo
Year-over-Year
-0.2%
Month-over-Month
-0.3%
vs US Median
-$541
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 84102 · $1,391
More affordable than 81% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,260
1 BR
$1,460
2 BR
$1,750
3 BR
$2,340
4 BR+
$2,670
Research median
$1,750/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

December. Asking rents in ZIP 84102 usually run 1.4% below trend in December and 1.4% above it in August, about $39 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 84102 is 2.2% below its high of $1,422 in April 2023, at $1,391 as of September 2026.

Past year vs. the rest of Utah

Rent in ZIP 84102 changed -0.2% over the year to September 2026. Across the 66 Utah ZIP codes Zillow tracks, the typical change was +1.3%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 84102 rose 32% while median household income rose 13.3% ($46,064 to $52,199). Rent outpaced income.

Since before the pandemic

Rent in ZIP 84102 is 27.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($52,199) is $1,305 a month. That covers HUD's Fair Market Rent for up to a studio ($1,260); a 1-bedroom is $1,460.

Rank in Salt Lake City

2nd cheapest of 9 ZIP codes in Salt Lake City.

Cheaper nearby

ZIP 84116, 6 miles away, rents for 10% less ($1,250/mo), about $1,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 84102. 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
$16,692/yr
At $1,391/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 (-0.2% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 84102 (Salt Lake City, UT) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 57.6% of residents hold a bachelor's degree or higher.

Population
18,777
Median income
$52,199
Median age
29.4
Renters
76%
Age distribution
58.7%
18.2%
Under 184.3%
18–3458.7%
35–5418.2%
55–646.9%
65+11.8%
Gender
51.7%
48.3%
Male51.7%
Female48.3%
Race & ethnicity
80.6%
White80.6%
Black2%
Hispanic8.5%
Asian5.5%
Other3.5%
Education (25+)
27.2%
57.6%
No HS diploma4.5%
HS diploma10.7%
Some college27.2%
Bachelor's+57.6%
Housing tenure
24%
76%
Owner24%
Renter76%

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

2021 vs 2026

How ZIP 84102 in Salt Lake City, UT has changed in 5 years

Rent
$1,134 → $1,391
up 22.7%
Income
$46,906 → $52,199
up 11.3%
Population
18,995 → 18,777
down 1.1%
Renter share
77% → 76%
-1.0 pts
Bachelor's+
56.3% → 57.6%
+1.3 pts
Median age
28.9 → 29.4
+0.5 yrs

Compared with 2021, rent in ZIP 84102 in Salt Lake City, UT has increased by $257 per month, settling near $1,391 after starting the period at $1,134. Local incomes tracked alongside that move, going from a median of $46,906 in 2021 to $52,199 more recently. Rent outpaced income growth by roughly 11.4 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 18,995 to 18,777 between 2021 and 2024, a 1.1% change. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 84102 in Salt Lake City, UT market of 2021.

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About renting in ZIP 84102

Last updated: October 17, 2026

ZIP code 84102 covers Salt Lake City, UT. The median rent here is $1,391/mo as of October 2026. A 1-bedroom rents for a median of $1,460/mo. A 2-bedroom rents for a median of $1,750/mo.

At 32% of local median household income ($52,199/yr), ZIP 84102 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 84102?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (about $27/hour full-time) to afford the median rent of $1,391/mo in ZIP 84102. The local median household income is $52,199/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 84102?

Rent in ZIP 84102 has been roughly flat over the past year as of September 2026, a -0.2% change. It sits 2.2% below its high of $1,422 in April 2023.

When is the cheapest time to rent in ZIP 84102?

Asking rents in ZIP 84102 are usually lowest in December, about 1.4% below their yearly trend, and highest in August, about 1.4% above it. At today's median that is a gap of roughly $39 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 84102?

Yes. From 2019 to 2024, rent in ZIP 84102 rose 32% while median household income rose 13.3%, from $46,064 to $52,199. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 84102 compare to other ZIPs in Utah?

ZIP 84102 is one of the more affordable among Utah ZIP codes for rent, ranking #76 of 79 at $1,391/mo. Over the year to September 2026, rent in ZIP 84102 changed -0.2%, against a typical +1.3% across the 66 Utah ZIP codes Zillow tracks.

How does ZIP 84102 compare to the rest of Salt Lake City?

At $1,391/mo, ZIP 84102 is $180 below the Salt Lake City citywide median of $1,571/mo. It is the 2nd cheapest of 9 ZIP codes in Salt Lake City.
Income Affordability
32%
MODERATE

At $1,391/mo, rent takes ~32% of ZIP 84102's median household income ($52,199/yr). The standard benchmark is 30%.

ZIP 84102 32%Benchmark 30%
State income tax4.55%
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