ZIP Code · UT

ZIP 84111

Pop. 12,782·Salt Lake County·31st most expensive ZIP in Utah
Median rent (all units)
$1,818/mo
Year-over-Year
+1.5%
Month-over-Month
+0.3%
vs US Median
-$114
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 84111 · $1,818
More expensive than 50% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,260
1 BR
$1,460
2 BR
$1,750
3 BR
$2,340
4 BR+
$2,670
Research median
$1,750/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 84111 usually run 1.2% below trend in November and 0.9% above it in August, about $38 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 84111 is 0.5% below its high of $1,828 in December 2022, at $1,818 as of September 2026.

Past year vs. the rest of Utah

Rent in ZIP 84111 changed +1.5% 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 84111 rose 26.5% while median household income rose 32.2% ($40,060 to $52,952). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 84111 is 27.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($52,952) is $1,324 a month. That covers HUD's Fair Market Rent for up to a studio ($1,260); a 1-bedroom is $1,460.

Rank in Salt Lake City

7th cheapest of 9 ZIP codes in Salt Lake City.

Cheaper nearby

ZIP 84101, 1 mile away, rents for 15% less ($1,552/mo), about $3,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 84111. 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
$21,816/yr
At $1,818/mo median
Location
StateUT
CountySalt Lake County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.5% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 84111 (Salt Lake City, UT) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 53.9% of residents hold a bachelor's degree or higher.

Population
12,782
Median income
$52,952
Median age
32.6
Renters
78.4%
Age distribution
46.7%
25.1%
Under 189%
18–3446.7%
35–5425.1%
55–649.6%
65+9.6%
Gender
53.4%
46.6%
Male53.4%
Female46.6%
Race & ethnicity
70.7%
18%
White70.7%
Black2.5%
Hispanic18%
Asian7%
Other1.8%
Education (25+)
18.6%
22.4%
53.9%
No HS diploma5.1%
HS diploma18.6%
Some college22.4%
Bachelor's+53.9%
Housing tenure
21.6%
78.4%
Owner21.6%
Renter78.4%

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

2021 vs 2026

How ZIP 84111 in Salt Lake City, UT has changed in 5 years

Rent
$1,581 → $1,818
up 15.0%
Income
$47,096 → $52,952
up 12.4%
Population
12,410 → 12,782
up 3.0%
Renter share
77% → 78.4%
+1.4 pts
Bachelor's+
50.6% → 53.9%
+3.3 pts

Since 2021, the typical rent in ZIP 84111 in Salt Lake City, UT has increased from $1,581 to $1,818, a 15.0% change over five years. Census figures show median household income at $52,952 today, compared with $47,096 five years earlier. The population has grown by 3.0% since 2021, moving from about 12,410 residents to roughly 12,782. College-educated residents now make up 53.9% of adults here, versus 50.6% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 84111

Last updated: October 17, 2026

ZIP code 84111 covers Salt Lake City, UT. The median rent here is $1,818/mo as of October 2026. A 1-bedroom rents for a median of $1,460/mo. A 2-bedroom rents for a median of $1,750/mo.

At 41% of local median household income ($52,952/yr), ZIP 84111 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 84111?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (about $35/hour full-time) to afford the median rent of $1,818/mo in ZIP 84111. The local median household income is $52,952/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 84111?

Rent in ZIP 84111 has risen 1.5% over the past year as of September 2026. It sits 0.5% below its high of $1,828 in December 2022.

When is the cheapest time to rent in ZIP 84111?

Asking rents in ZIP 84111 are usually lowest in November, about 1.2% below their yearly trend, and highest in August, about 0.9% above it. At today's median that is a gap of roughly $38 a month. This pattern comes from 7 years of Zillow rent data.

Has rent outpaced income in ZIP 84111?

No. From 2019 to 2024, rent in ZIP 84111 rose 26.5% while median household income rose 32.2%, from $40,060 to $52,952. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 84111 compare to other ZIPs in Utah?

ZIP 84111 is in the middle among Utah ZIP codes for rent, ranking #31 of 79 at $1,818/mo. Over the year to September 2026, rent in ZIP 84111 changed +1.5%, against a typical +1.3% across the 66 Utah ZIP codes Zillow tracks.

How does ZIP 84111 compare to the rest of Salt Lake City?

At $1,818/mo, ZIP 84111 is $247 above the Salt Lake City citywide median of $1,571/mo. It is the 7th cheapest of 9 ZIP codes in Salt Lake City.
Income Affordability
41%
STRETCHED

At $1,818/mo, rent takes ~41% of ZIP 84111's median household income ($52,952/yr). The standard benchmark is 30%.

ZIP 84111 41%Benchmark 30%
State income tax4.55%
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