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ZIP Code · UT

ZIP 84103

Pop. 23,749·Salt Lake County·47th most expensive ZIP in Utah
Median rent (all units)
$1,647/mo
Year-over-Year
+6.9%
Month-over-Month
+1.6%
vs US Median
-$318
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 84103 · $1,647
More affordable than 63% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,300
1 BR
$1,510
2 BR
$1,810
3 BR
$2,420
4 BR+
$2,760
Research median
$1,810/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: July 20, 2026

Annual cost
$19,764/yr
At $1,647/mo median
Location
StateUT
CountySalt Lake County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.9% YoY, +1.6% MoM), not inventory.
Demographics

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.

Population
23,749
Median income
$83,916
Median age
36.1
Renters
58.6%
Age distribution
36.4%
24.9%
18.7%
Under 1811.4%
18–3436.4%
35–5424.9%
55–648.6%
65+18.7%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
81.4%
White81.4%
Black1.6%
Hispanic9.7%
Asian2.9%
Other4.4%
Education (25+)
22%
66.8%
No HS diploma1.6%
HS diploma9.5%
Some college22%
Bachelor's+66.8%
Housing tenure
41.4%
58.6%
Owner41.4%
Renter58.6%

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

2021 vs 2026

How ZIP 84103 in Salt Lake City, UT has changed in 5 years

Rent
$1,330 → $1,647
up 23.8%
Income
$73,911 → $83,916
up 13.5%
Population
22,888 → 23,749
up 3.8%
Renter share
53.3% → 58.6%
+5.3 pts
Bachelor's+
67.1% → 66.8%
-0.3 pts
Median age
36.8 → 36.1
-0.7 yrs

Across the past five years, the going rent in ZIP 84103 in Salt Lake City, UT has shifted from $1,330 to $1,647, up 23.8% 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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Local insights

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About renting in ZIP 84103

Last updated: July 20, 2026

ZIP code 84103 covers Salt Lake City, UT. The median rent here is $1,647/mo as of July 2026. A 1-bedroom rents for a median of $1,510/mo. A 2-bedroom rents for a median of $1,810/mo.

At 24% of local median household income ($83,916/yr), ZIP 84103 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 84103?

As of July 20, 2026, the median monthly rent in ZIP 84103 (Salt Lake City, UT) is $1,647. This is based on aggregated data from public sources and community submissions.

How does ZIP 84103 rent compare to the US average?

ZIP 84103's median rent of $1,647/mo is $318 (16%) below the US national median of $1,965/mo.

How does ZIP 84103 compare to other ZIPs in Utah?

ZIP 84103 falls in the middle range for Utah, ranking #47 out of 79 ZIPs at $1,647/mo.

How much income do you need to rent in ZIP 84103?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,647/mo in ZIP 84103. The local median household income is $83,916/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 84103?

Rent in ZIP 84103 has increased 6.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 84103 an affordable place to rent?

ZIP 84103 is considered very affordable for renters. At $1,647/mo, rent takes approximately 24% of the local median household income ($83,916/yr). The standard benchmark is 30%. ZIP 84103 falls comfortably within that range.

What percentage of ZIP 84103 residents rent vs. own?

According to Census data, approximately 58.6% of ZIP 84103 households are renters, while 41.4% are owner-occupied. With a majority renter population, ZIP 84103 has a strong rental market.

How does ZIP 84103 compare to the rest of Salt Lake City?

ZIP 84103 is pricier than Salt Lake City as a whole. At $1,647/mo, it's $18 above the Salt Lake City citywide median of $1,629/mo.

When was rent data for ZIP 84103 last updated?

Rent data for ZIP 84103 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,647/mo, rent takes ~24% of ZIP 84103's median household income ($83,916/yr). The standard benchmark is 30%.

ZIP 84103 24%Benchmark 30%
State income tax4.55%
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