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ZIP Code · UT

ZIP 84121

Pop. 38,912·Salt Lake County·39th most expensive ZIP in Utah
Median rent (all units)
$1,744/mo
Year-over-Year
-2.5%
Month-over-Month
-5.8%
vs US Median
-$221
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 84121 · $1,744
More affordable than 55% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,460
1 BR
$1,680
2 BR
$2,020
3 BR
$2,700
4 BR+
$3,080
Research median
$2,020/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: July 20, 2026

Annual cost
$20,928/yr
At $1,744/mo median
Location
StateUT
CountySalt Lake County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 2.5% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-2.5% YoY, -5.8% MoM), not inventory.
Demographics

Who lives here

ZIP 84121 (Cottonwood Heights, UT) is majority owner-occupied, has a large retiree population, has a median income above the national average, 53.2% of residents hold a bachelor's degree or higher.

Population
38,912
Median income
$115,515
Median age
41.1
Renters
25.1%
Age distribution
20.6%
20.6%
25%
13.3%
20.6%
Under 1820.6%
18–3420.6%
35–5425%
55–6413.3%
65+20.6%
Gender
50.1%
49.9%
Male50.1%
Female49.9%
Race & ethnicity
85.9%
White85.9%
Black0.8%
Hispanic6.7%
Asian3.8%
Other2.8%
Education (25+)
14.2%
29.7%
53.2%
No HS diploma3%
HS diploma14.2%
Some college29.7%
Bachelor's+53.2%
Housing tenure
74.9%
25.1%
Owner74.9%
Renter25.1%

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

2021 vs 2026

How ZIP 84121 in Cottonwood Heights, UT has changed in 5 years

Rent
$1,461 → $1,744
up 19.4%
Income
$101,636 → $115,515
up 13.7%
Population
40,151 → 38,912
down 3.1%
Renter share
25.6% → 25.1%
-0.5 pts
Bachelor's+
52.9% → 53.2%
+0.3 pts

Rent in ZIP 84121 in Cottonwood Heights, UT has climbed 19.4% since 2021, going from about $1,461 per month to roughly $1,744 today. Census figures show median household income at $115,515 today, compared with $101,636 five years earlier. Rent outpaced income growth by roughly 5.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 40,151 to 38,912 between 2021 and 2024, a 3.1% change. 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 84121

Last updated: July 20, 2026

ZIP code 84121 covers Cottonwood Heights, UT. The median rent here is $1,744/mo as of July 2026. A 1-bedroom rents for a median of $1,680/mo. A 2-bedroom rents for a median of $2,020/mo.

At 18% of local median household income ($115,515/yr), ZIP 84121 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 84121?

As of July 20, 2026, the median monthly rent in ZIP 84121 (Cottonwood Heights, UT) is $1,744. This is based on aggregated data from public sources and community submissions.

How does ZIP 84121 rent compare to the US average?

ZIP 84121's median rent of $1,744/mo is $221 (11%) below the US national median of $1,965/mo.

How does ZIP 84121 compare to other ZIPs in Utah?

ZIP 84121 falls in the middle range for Utah, ranking #39 out of 79 ZIPs at $1,744/mo.

How much income do you need to rent in ZIP 84121?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,744/mo in ZIP 84121. The local median household income is $115,515/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 84121?

Rent in ZIP 84121 has decreased 2.5% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 84121 an affordable place to rent?

ZIP 84121 is considered very affordable for renters. At $1,744/mo, rent takes approximately 18% of the local median household income ($115,515/yr). The standard benchmark is 30%. ZIP 84121 falls comfortably within that range.

What percentage of ZIP 84121 residents rent vs. own?

According to Census data, approximately 25.1% of ZIP 84121 households are renters, while 74.9% are owner-occupied. ZIP 84121 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 84121 compare to the rest of Cottonwood Heights?

ZIP 84121 is pricier than Cottonwood Heights as a whole. At $1,744/mo, it's $51 above the Cottonwood Heights citywide median of $1,693/mo.

When was rent data for ZIP 84121 last updated?

Rent data for ZIP 84121 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $1,744/mo, rent takes ~18% of ZIP 84121's median household income ($115,515/yr). The standard benchmark is 30%.

ZIP 84121 18%Benchmark 30%
State income tax4.55%
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