ZIP Code · UT

ZIP 84117

Part of Holladay, UT

Pop. 24,980·Salt Lake County·54th most expensive ZIP in Utah

Median rent (all units)

$1,580/mo

Year-over-Year

+5.1%

Month-over-Month

+0.6%

vs US Median

-$352

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 84117 · $1,580

More affordable than 67% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,400

1 BR

$1,620

2 BR

$1,940

3 BR

$2,590

4 BR+

$2,960

Research median

$1,940/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 84117 usually run 1.6% below trend in February and 2.3% above it in June, about $62 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 84117 is at its highest level since Zillow's records here began in February 2021.

Past year vs. the rest of Utah

Rent in ZIP 84117 changed +5.1% 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 8 of the last 12 months.

What a typical income covers

30% of the median household income ($87,813) is $2,195 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,940); a 3-bedroom is $2,590.

Cheaper nearby

ZIP 84102, 7 miles away, rents for 12% less ($1,391/mo), about $2,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 84117. 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

$18,960/yr

At $1,580/mo median

Location

CityHolladay

StateUT

CountySalt Lake County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 5.1% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+5.1% YoY, +0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 84117 (Holladay, UT) is majority owner-occupied, has a large retiree population, 54.2% of residents hold a bachelor's degree or higher.

Population

24,980

Median income

$87,813

Median age

40.9

Renters

33.7%

Age distribution

19.6%

22.7%

24.5%

12.6%

20.6%

Under 1819.6%

18–3422.7%

35–5424.5%

55–6412.6%

65+20.6%

Gender

48.7%

51.3%

Male48.7%

Female51.3%

Race & ethnicity

82.1%

White82.1%

Black1.4%

Hispanic9.1%

Asian4.1%

Other3.2%

Education (25+)

15.6%

27.4%

54.2%

No HS diploma2.8%

HS diploma15.6%

Some college27.4%

Bachelor's+54.2%

Housing tenure

66.3%

33.7%

Owner66.3%

Renter33.7%

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

2021 vs 2026

How ZIP 84117 in Holladay, UT has changed in 5 years

Rent

$1,237 → $1,580

up 27.7%

Income

$71,980 → $87,813

up 22.0%

Population

24,437 → 24,980

up 2.2%

Renter share

32.1% → 33.7%

+1.6 pts

Bachelor's+

49.3% → 54.2%

+4.9 pts

Five years ago, renters in ZIP 84117 in Holladay, UT paid around $1,237 a month. That figure now sits near $1,580, up 27.7% from the 2021 baseline. Household income in the area moved from $71,980 to $87,813 across the same window, up 22.0% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 84117 in Holladay, UT adding about 543 residents over the five-year window, up 2.2% on net. The renter share has risen from 32.1% to 33.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 49.3% to 54.2% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 84117 in Holladay, UT look reasonable against where the market sat half a decade ago.

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About renting in ZIP 84117

Last updated: October 17, 2026

ZIP code 84117 covers Holladay, UT. The median rent here is $1,580/mo as of October 2026. A 1-bedroom rents for a median of $1,620/mo. A 2-bedroom rents for a median of $1,940/mo.

At 22% of local median household income ($87,813/yr), ZIP 84117 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 84117?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (about $30/hour full-time) to afford the median rent of $1,580/mo in ZIP 84117. The local median household income is $87,813/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 84117?

Rent in ZIP 84117 has risen 5.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2021.

When is the cheapest time to rent in ZIP 84117?

Asking rents in ZIP 84117 are usually lowest in February, about 1.6% below their yearly trend, and highest in June, about 2.3% above it. At today's median that is a gap of roughly $62 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 84117 compare to other ZIPs in Utah?

ZIP 84117 is one of the more affordable among Utah ZIP codes for rent, ranking #54 of 79 at $1,580/mo. Over the year to September 2026, rent in ZIP 84117 changed +5.1%, against a typical +1.3% across the 66 Utah ZIP codes Zillow tracks.