ZIP Code · UT

ZIP 84107

Part of Murray, UT

Pop. 38,257·Salt Lake County·72nd most expensive ZIP in Utah

Median rent (all units)

$1,428/mo

Year-over-Year

+0.3%

Month-over-Month

+0.4%

vs US Median

-$504

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 84107 · $1,428

More affordable than 78% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,210

1 BR

$1,400

2 BR

$1,680

3 BR

$2,240

4 BR+

$2,560

Research median

$1,680/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

February. Asking rents in ZIP 84107 usually run 2% below trend in February and 1.8% above it in September, about $54 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 84107 is 3.9% below its high of $1,486 in February 2023, at $1,428 as of September 2026.

Past year vs. the rest of Utah

Rent in ZIP 84107 changed +0.3% 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 5 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($72,108) is $1,803 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,680); a 3-bedroom is $2,240.

From Zillow's monthly rent index (ZORI) for ZIP 84107. 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

$17,136/yr

At $1,428/mo median

Location

CityMurray

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 (+0.3% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 84107 (Murray, UT) is roughly split between renters and owners, skews toward younger working-age adults, 39.6% of residents hold a bachelor's degree or higher.

Population

38,257

Median income

$72,108

Median age

35.7

Renters

54.9%

Age distribution

18.9%

30.2%

27.2%

14.2%

Under 1818.9%

18–3430.2%

35–5427.2%

55–649.4%

65+14.2%

Gender

50%

Male50%

Female50%

Race & ethnicity

68%

19%

White68%

Black3.7%

Hispanic19%

Asian5.7%

Other3.6%

Education (25+)

23.1%

30.4%

39.6%

No HS diploma6.9%

HS diploma23.1%

Some college30.4%

Bachelor's+39.6%

Housing tenure

45.1%

54.9%

Owner45.1%

Renter54.9%

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

2021 vs 2026

How ZIP 84107 in Murray, UT has changed in 5 years

Rent

$1,195 → $1,428

up 19.5%

Income

$61,095 → $72,108

up 18.0%

Population

36,498 → 38,257

up 4.8%

Renter share

52.8% → 54.9%

+2.1 pts

Bachelor's+

35% → 39.6%

+4.6 pts

Median age

34.7 → 35.7

+1.0 yrs

Across the past five years, the going rent in ZIP 84107 in Murray, UT has shifted from $1,195 to $1,428, up 19.5% since 2021. Household income in the area moved from $61,095 to $72,108 across the same window, up 18.0% versus 2021. Census counts show ZIP 84107 in Murray, UT adding about 1,759 residents over the five-year window, up 4.8% on net. The renter share has risen from 52.8% to 54.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 35% to 39.6% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 84107 in Murray, UT look reasonable against where the market sat half a decade ago.

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About renting in ZIP 84107

Last updated: October 17, 2026

ZIP code 84107 covers Murray, UT. The median rent here is $1,428/mo as of October 2026. A 1-bedroom rents for a median of $1,400/mo. A 2-bedroom rents for a median of $1,680/mo.

At 24% of local median household income ($72,108/yr), ZIP 84107 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 84107?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,428/mo in ZIP 84107. The local median household income is $72,108/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 84107?

Rent in ZIP 84107 has been roughly flat over the past year as of September 2026, a +0.3% change. It sits 3.9% below its high of $1,486 in February 2023.

When is the cheapest time to rent in ZIP 84107?

Asking rents in ZIP 84107 are usually lowest in February, about 2% below their yearly trend, and highest in September, about 1.8% above it. At today's median that is a gap of roughly $54 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 84107 compare to other ZIPs in Utah?

ZIP 84107 is one of the more affordable among Utah ZIP codes for rent, ranking #72 of 79 at $1,428/mo. Over the year to September 2026, rent in ZIP 84107 changed +0.3%, against a typical +1.3% across the 66 Utah ZIP codes Zillow tracks.