ZIP Code · UT

ZIP 84104

Pop. 23,420·Salt Lake County·71st most expensive ZIP in Utah
Median rent (all units)
$1,460/mo
Year-over-Year
-3.8%
Month-over-Month
+0.4%
vs US Median
-$472
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 84104 · $1,460
More affordable than 76% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,120
1 BR
$1,310
2 BR
$1,580
3 BR
$2,120
4 BR+
$2,410
Research median
$1,580/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

Past year vs. the rest of Utah

Rent in ZIP 84104 changed -3.8% over the year to September 2026. Across the 66 Utah ZIP codes Zillow tracks, the typical change was +1.3%.

Recent direction

Rent has risen 4 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($61,425) is $1,536 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,310); a 2-bedroom is $1,580.

Rank in Salt Lake City

3rd cheapest of 9 ZIP codes in Salt Lake City.

Cheaper nearby

ZIP 84116, 4 miles away, rents for 14% less ($1,250/mo), about $2,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 84104. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,520/yr
At $1,460/mo median
Location
StateUT
CountySalt Lake County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 3.8% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-3.8% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 84104 (Salt Lake City, UT) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 24.3% of residents hold a bachelor's degree or higher.

Population
23,420
Median income
$61,425
Median age
33.6
Renters
38.2%
Age distribution
25.7%
27%
27.5%
Under 1825.7%
18–3427%
35–5427.5%
55–648.7%
65+11.1%
Gender
54.2%
45.8%
Male54.2%
Female45.8%
Race & ethnicity
50.1%
45.9%
White50.1%
Black6.2%
Hispanic45.9%
Asian5%
Education (25+)
20%
31.8%
24%
24.3%
No HS diploma20%
HS diploma31.8%
Some college24%
Bachelor's+24.3%
Housing tenure
61.8%
38.2%
Owner61.8%
Renter38.2%

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

2021 vs 2026

How ZIP 84104 in Salt Lake City, UT has changed in 5 years

Income
$53,401 → $61,425
up 15.0%
Population
24,809 → 23,420
down 5.6%
Renter share
44.2% → 38.2%
-6.0 pts
Bachelor's+
18.7% → 24.3%
+5.6 pts
Median age
31 → 33.6
+2.6 yrs

Census figures show median household income at $61,425 today, compared with $53,401 five years earlier. The population has contracted by 5.6% since 2021, moving from about 24,809 residents to roughly 23,420. Renters now make up 38.2% of households, compared with 44.2% five years ago. College-educated residents now make up 24.3% of adults here, versus 18.7% in 2021.

Community

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Local insights

Tips for renters in ZIP 84104

About renting in ZIP 84104

Last updated: October 17, 2026

ZIP code 84104 covers Salt Lake City, UT. The median rent here is $1,460/mo as of October 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,580/mo.

At 29% of local median household income ($61,425/yr), ZIP 84104 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 84104?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (about $28/hour full-time) to afford the median rent of $1,460/mo in ZIP 84104. The local median household income is $61,425/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 84104?

Rent in ZIP 84104 has fallen 3.8% over the past year.

How does ZIP 84104 compare to other ZIPs in Utah?

ZIP 84104 is one of the more affordable among Utah ZIP codes for rent, ranking #71 of 79 at $1,460/mo. Over the year to September 2026, rent in ZIP 84104 changed -3.8%, against a typical +1.3% across the 66 Utah ZIP codes Zillow tracks.

How does ZIP 84104 compare to the rest of Salt Lake City?

At $1,460/mo, ZIP 84104 is $111 below the Salt Lake City citywide median of $1,571/mo. It is the 3rd cheapest of 9 ZIP codes in Salt Lake City.
Income Affordability
29%
AFFORDABLE

At $1,460/mo, rent takes ~29% of ZIP 84104's median household income ($61,425/yr). The standard benchmark is 30%.

ZIP 84104 29%Benchmark 30%
State income tax4.55%
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Schools nearby

Public schools near ZIP 84104 (Salt Lake City, UT)

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