ZIP 84103
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12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 84103 usually run 2% below trend in February and 1.2% above it in September, about $52 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 84103 is 0.9% below its high of $1,627 in May 2026, at $1,612 as of September 2026.
Rent in ZIP 84103 changed +1.4% over the year to September 2026. Across the 66 Utah ZIP codes Zillow tracks, the typical change was +1.3%.
From 2019 to 2024, rent in ZIP 84103 rose 28.8% while median household income rose 17.9% ($71,155 to $83,916). Rent outpaced income.
Rent in ZIP 84103 is 33% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 7 of the last 12 months.
30% of the median household income ($83,916) is $2,098 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,810); a 3-bedroom is $2,420.
5th cheapest of 9 ZIP codes in Salt Lake City.
ZIP 84102, 3 miles away, rents for 14% less ($1,391/mo), about $2,700 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 84103. 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.
Who lives here
ZIP 84103 (Salt Lake City, UT) is majority renter-occupied, skews toward younger working-age adults, 66.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 84103 in Salt Lake City, UT has changed in 5 years
Across the past five years, the going rent in ZIP 84103 in Salt Lake City, UT has shifted from $1,313 to $1,612, up 22.8% since 2021. Median household income climbed from $73,911 to $83,916 between 2021 and 2024, a 13.5% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 84103 in Salt Lake City, UT adding about 861 residents over the five-year window, up 3.8% on net. The renter share has risen from 53.3% to 58.6%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 84103 in Salt Lake City, UT reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Tips for renters in ZIP 84103
Last updated: October 17, 2026
ZIP code 84103 covers Salt Lake City, UT. The median rent here is $1,612/mo as of October 2026. A 1-bedroom rents for a median of $1,510/mo. A 2-bedroom rents for a median of $1,810/mo.
At 23% of local median household income ($83,916/yr), ZIP 84103 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.
Frequently asked questions
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How does ZIP 84103 compare to other ZIPs in Utah?
How does ZIP 84103 compare to the rest of Salt Lake City?
At $1,612/mo, rent takes ~23% of ZIP 84103's median household income ($83,916/yr). The standard benchmark is 30%.
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