Real Estate Investing in Salt Lake County, Utah

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

35 ZIP codes • Population: 1,151,218

Should you buy in Salt Lake County, UT? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (42/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

πŸ“ˆ For Investors
MIXED
2.8 / 5 (45/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Salt Lake County, UT?

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2.8/ 5

Investability

County-wide average

2.0/ 5

Appreciation

3.4% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $601,087
Avg Monthly Rent $1,818
ZIP Codes 35

Investing in Salt Lake County Real Estate

Salt Lake County is one of those Utah regions where numbers warn before they reward. 19 cities, 1,151,218 residents, and a rating that reflects material risk.

clearly Salt Lake County's β˜…β˜…β˜…β˜†β˜† aggregate rating reflects sluggish investor metrics across the board β€” soft rent growth, soft appreciation, and structural headwinds worth taking seriously.

A 1,151,218 population and $N/AK household income profile is what makes Salt Lake a challenging rental region β€” the base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Salt Lake County, UT. Anonymous, moderated, never written by AI.

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Property managers serving Salt Lake County

Manage rentals here? List your business →

ICO Property Management constructs and oversees luxury Utah apartment communities, crafting enriching lifestyle experiences for residents across 17 locations along the Wasatch Front. summary from their website

Small multifamily
Unclaimed β€” is this your business? Claim it free

Intermountain Association Management (IAMHOA) is a Utah HOA management company providing professional services statewide. summary from their website

HOA
Unclaimed β€” is this your business? Claim it free
Nxt Property Management
Salt Lake City, UT

Nxt Property Management is Utah's premier third-party multifamily management company. summary from their website

Small multifamily
Unclaimed β€” is this your business? Claim it free

Listings are shown for convenience β€” Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$601,087
Avg Monthly Rent
$1,818
1% Rule
βœ— Below
Landlord Friendly (UT)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Salt Lake City, UT metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
47%
Days Pending
1/2
48 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Salt Lake County

20 Colleges 261,384 Students 9,538 Off-Campus Renters
B
University of Utah
4-Year Public Β· 35,260 students
πŸ“ ~3,490 students rent off-campus
C+
Skin Science Institute
Vocational For-Profit Β· 174 students
C+
American Beauty Academy-West Valley Campus
Vocational For-Profit Β· 26 students
C+
Westminster University
4-Year Private Β· 1,214 students
C+
Cameo College of Essential Beauty
Vocational For-Profit Β· 277 students
C+
Medspa Academies
Vocational For-Profit Β· 263 students
C+
Skinworks School of Advanced Skincare
Vocational For-Profit Β· 116 students
C+
Top Nails & Hair Beauty School
Vocational For-Profit Β· 104 students
C
Salt Lake Community College
2-Year Public Β· 26,764 students
πŸ“ ~6,048 students rent off-campus
C
Collectiv Academy
Vocational For-Profit Β· 81 students
C
Healing Mountain Massage School
Vocational For-Profit Β· 39 students
C
Taylor Andrews Academy of Hair Design-West Jordan
Vocational For-Profit Β· 165 students
C
Western Governors University
4-Year Private Β· 185,015 students
C
Ensign College
4-Year Private Β· 5,973 students
C
Nightingale College
4-Year For-Profit Β· 4,265 students
C
Neumont College of Computer Science
4-Year For-Profit Β· 530 students
C
The Barber School
Vocational For-Profit Β· 145 students
C
Paul Mitchell the School-Salt Lake City
Vocational For-Profit Β· 289 students
D
Fortis College-Salt Lake City
2-Year For-Profit Β· 371 students
D
Eagle Gate College-Murray
4-Year For-Profit Β· 313 students

Investor Insight: With 9,538 students living off-campus, Salt Lake County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Salt Lake County

ZIP Codes in Salt Lake County, UT

84096 β˜… β˜… β˜… β˜… β˜…
Herriman
Population 71,115
Avg Home $601,328
Avg Rent $1,981/mo
84081 β˜… β˜… β˜… β˜… β˜…
West Jordan
Population 52,168
Avg Home $576,924
Avg Rent $2,065/mo
84119 β˜… β˜… β˜… β˜… β˜…
West Valley City
Population 50,745
Avg Home $437,476
Avg Rent $1,480/mo
84120 β˜… β˜… β˜… β˜… β˜…
West Valley City
Population 50,589
Avg Home $472,389
Avg Rent $1,674/mo
84065 β˜… β˜… β˜… β˜… β˜…
Riverton
Population 50,284
Avg Home $648,453
Avg Rent $2,307/mo
84020 β˜… β˜… β˜… β˜… β˜…
Draper
Population 50,159
Avg Home $817,411
Avg Rent $1,729/mo
84009 β˜… β˜… β˜… β˜… β˜…
South Jordan
Population 42,091
Avg Home $613,917
Avg Rent $1,983/mo
84118 β˜… β˜… β˜… β˜… β˜…
Kearns
Population 41,969
Avg Home $449,735
Avg Rent $2,389/mo
84121 β˜… β˜… β˜… β˜… β˜…
Cottonwood Heights
Population 39,204
Avg Home $751,997
Avg Rent $1,760/mo
84088 β˜… β˜… β˜… β˜… β˜…
West Jordan
Population 38,915
Avg Home $580,459
Avg Rent $1,591/mo
84095 β˜… β˜… β˜… β˜… β˜…
South Jordan
Population 38,240
Avg Home $763,867
Avg Rent $2,191/mo
84129 β˜… β˜… β˜… β˜… β˜…
Taylorsville
Population 38,128
Avg Home $495,818
Avg Rent $1,770/mo
84107 β˜… β˜… β˜… β˜… β˜…
Murray
Population 37,548
Avg Home $505,217
Avg Rent $1,405/mo
84116 β˜… β˜… β˜… β˜… β˜…
Salt Lake City
Population 37,136
Avg Home $457,684
Avg Rent $1,299/mo
84123 β˜… β˜… β˜… β˜… β˜…
Taylorsville
Population 36,913
Avg Home $538,991
Avg Rent $1,461/mo
84047 β˜… β˜… β˜… β˜… β˜…
Midvale
Population 36,573
Avg Home $483,065
Avg Rent $1,533/mo
84128 β˜… β˜… β˜… β˜… β˜…
West Valley City
Population 32,072
Avg Home $493,338
Avg Rent $1,715/mo
84084 β˜… β˜… β˜… β˜… β˜…
West Jordan
Population 31,389
Avg Home $517,516
Avg Rent $1,468/mo
84070 β˜… β˜… β˜… β˜… β˜…
Sandy
Population 30,348
Avg Home $536,913
Avg Rent $1,615/mo
84044 β˜… β˜… β˜… β˜… β˜…
Magna
Population 29,488
Avg Home $445,891
Avg Rent $1,664/mo
84115 β˜… β˜… β˜… β˜… β˜…
South Salt Lake
Population 28,411
Avg Home $459,506
Avg Rent $1,593/mo
84094 β˜… β˜… β˜… β˜… β˜…
White City
Population 28,277
Avg Home $558,681
Avg Rent $1,733/mo
84092 β˜… β˜… β˜… β˜… β˜…
Sandy
Population 28,162
Avg Home $876,672
Avg Rent $2,503/mo
84109 β˜… β˜… β˜… β˜… β˜…
Millcreek
Population 25,879
Avg Home $820,846
Avg Rent $2,407/mo
84117 β˜… β˜… β˜… β˜… β˜…
Holladay
Population 24,873
Avg Home $704,203
Avg Rent $1,565/mo
84104 β˜… β˜… β˜… β˜… β˜…
Salt Lake City
Population 24,057
Avg Home $414,957
Avg Rent $1,524/mo
84093 β˜… β˜… β˜… β˜… β˜…
Sandy
Population 23,998
Avg Home $807,777
Avg Rent $2,313/mo
84103 β˜… β˜… β˜… β˜… β˜…
Salt Lake City
Population 23,796
Avg Home $744,791
Avg Rent $1,640/mo
84124 β˜… β˜… β˜… β˜… β˜…
Holladay
Population 22,992
Avg Home $838,676
Avg Rent $2,160/mo
84105 β˜… β˜… β˜… β˜… β˜…
Salt Lake City
Population 22,963
Avg Home $731,397
Avg Rent $1,900/mo
84108 β˜… β˜… β˜… β˜… β˜…
Salt Lake City
Population 21,951
Avg Home $952,984
Avg Rent $2,712/mo
84102 β˜… β˜… β˜… β˜… β˜…
Salt Lake City
Population 19,145
Avg Home $545,947
Avg Rent $1,470/mo
84111 β˜… β˜… β˜… β˜… β˜…
Salt Lake City
Population 12,446
Avg Home $455,057
Avg Rent $1,917/mo
84101 β˜… β˜… β˜… β˜… β˜…
Salt Lake City
Population 8,329
Avg Home $503,735
Avg Rent $1,588/mo
84006 β˜… β˜… β˜… β˜… β˜…
Bingham Canyon
Population 865
Avg Home $434,443
Avg Rent $1,521/mo

Screen every market in Salt Lake County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Salt Lake County

Are tenants stable in, UT?

Expect a solid tenant pool in, UT. The rental market absorbs $1,818/mo rents without meaningful friction.

What kind of vacancy should I budget for in, UT?

Expect elevated vacancy in, UT. Rents at $1,818/mo are absorbed by the tenant base without meaningful lag.

Where do home prices stand in, UT?

Expect median prices around $601K in, UT. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.

What do rentals go for in, UT?

, UT rentals go for roughly $1,818/mo a month. That puts gross yield in solid territory relative to $601K acquisition costs.

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