ZIP Code · UT

ZIP 84106

Pop. 35,213·Salt Lake County·33rd most expensive ZIP in Utah
Median rent (all units)
$1,798/mo
Year-over-Year
+1.8%
Month-over-Month
+0.2%
vs US Median
-$134
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 84106 · $1,798
More affordable than 51% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,190
1 BR
$1,380
2 BR
$1,650
3 BR
$2,200
4 BR+
$2,520
Research median
$1,650/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

November. Asking rents in ZIP 84106 usually run 0.9% below trend in November and 0.9% above it in August, about $32 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 84106 is at its highest level since Zillow's records here began in February 2018.

Past year vs. the rest of Utah

Rent in ZIP 84106 changed +1.8% 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 84106 rose 37.4% while median household income rose 42.1% ($71,485 to $101,551). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 84106 is 38.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($101,551) is $2,539 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,520).

Rank in Salt lake city

6th cheapest of 9 ZIP codes in Salt lake city.

Cheaper nearby

ZIP 84115, 2 miles away, rents for 13% less ($1,562/mo), about $2,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 84106. 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
$21,576/yr
At $1,798/mo median
Location
StateUT
CountySalt Lake County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.8% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 84106 (Salt lake city, UT) is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 56.9% of residents hold a bachelor's degree or higher.

Population
35,213
Median income
$101,551
Median age
35.4
Renters
38.9%
Age distribution
17.7%
31.1%
26%
14.6%
Under 1817.7%
18–3431.1%
35–5426%
55–6410.6%
65+14.6%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
83.2%
White83.2%
Black2.6%
Hispanic8.4%
Asian4.2%
Other1.5%
Education (25+)
14.5%
25.8%
56.9%
No HS diploma2.8%
HS diploma14.5%
Some college25.8%
Bachelor's+56.9%
Housing tenure
61.1%
38.9%
Owner61.1%
Renter38.9%

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

2021 vs 2026

How ZIP 84106 in Salt lake city, UT has changed in 5 years

Rent
$1,458 → $1,798
up 23.3%
Income
$80,388 → $101,551
up 26.3%
Population
35,714 → 35,213
down 1.4%
Renter share
41.7% → 38.9%
-2.8 pts
Bachelor's+
52.9% → 56.9%
+4.0 pts
Median age
33.9 → 35.4
+1.5 yrs

Five years ago, renters in ZIP 84106 in Salt lake city, UT paid around $1,458 a month. That figure now sits near $1,798, up 23.3% from the 2021 baseline. Household income in the area moved from $80,388 to $101,551 across the same window, up 26.3% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 84106 in Salt lake city, UT losing about 501 residents over the five-year window, down 1.4% on net. The renter share has eased from 41.7% to 38.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 52.9% to 56.9% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 84106 in Salt lake city, UT look reasonable against where the market sat half a decade ago.

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About renting in ZIP 84106

Last updated: October 17, 2026

ZIP code 84106 covers Salt lake city, UT. The median rent here is $1,798/mo as of October 2026. A 1-bedroom rents for a median of $1,380/mo. A 2-bedroom rents for a median of $1,650/mo.

At 21% of local median household income ($101,551/yr), ZIP 84106 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 84106?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,798/mo in ZIP 84106. The local median household income is $101,551/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 84106?

Rent in ZIP 84106 has risen 1.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2018.

When is the cheapest time to rent in ZIP 84106?

Asking rents in ZIP 84106 are usually lowest in November, about 0.9% below their yearly trend, and highest in August, about 0.9% above it. At today's median that is a gap of roughly $32 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 84106?

No. From 2019 to 2024, rent in ZIP 84106 rose 37.4% while median household income rose 42.1%, from $71,485 to $101,551. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 84106 compare to other ZIPs in Utah?

ZIP 84106 is in the middle among Utah ZIP codes for rent, ranking #33 of 79 at $1,798/mo. Over the year to September 2026, rent in ZIP 84106 changed +1.8%, against a typical +1.3% across the 66 Utah ZIP codes Zillow tracks.
Income Affordability
21%
VERY AFFORDABLE

At $1,798/mo, rent takes ~21% of ZIP 84106's median household income ($101,551/yr). The standard benchmark is 30%.

ZIP 84106 21%Benchmark 30%
State income tax4.55%
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