CostBy County

Cost of Living in Salt Lake County, Utah

$1,592/mo
Median Monthly Rent
$525,700
Median Home Value

At a Glance

Median Monthly Rent
$1,592/mo
39% above state average
Median Home Value
$525,700
58% above national
Census GRAPI
29.5%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Salt Lake County Compares

Median monthly rent comparison

Salt Lake County$1,592/mo
Utah Average$1,149/mo
National Median$1,413/mo

Detailed Housing Stats

$1,592/mo
Median Gross Rent
$525,700
Median Home Value
$1,714/mo
Monthly Owner Cost
29.5%
Census GRAPI

National Ranking

Affordability Rank

Salt Lake County ranks #2,967 of 3,142 counties for affordability (bottom 6%)

Most AffordableLeast Affordable

Sourced county brief

Salt Lake County median gross rent reaches 1,592 dollars monthly

The median gross rent in Salt Lake County was estimated at $1,592 per month, which is $443 above the Utah unweighted county mean of $1,149. The official median gross rent as a percentage of household income (GRAPI) was 29.5%, a figure 4.0 percentage points higher than the state unweighted county mean of 25.5%. Median home values in the county were $525,700, compared to a state unweighted county mean of $418,721. Owners of occupied housing units had median selected monthly owner costs of $1,714, while the state unweighted county mean was $1,201. Median income for renter households was $62,945. These statistics represent a snapshot from the 2020-2024 American Community Survey 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Salt Lake County

Affordability Verdict

ACS B25071 estimates median gross rent at 29.5% of renter household income in Salt Lake County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,592 per month; median selected monthly owner costs are $1,714. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $63,680 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Utah unweighted mean of county median rents is $1,149 per month. Salt Lake County's $1,592 median is 38.5% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Salt Lake County

$

Rent Burden

19.6%

of gross income

Max Housing (28% Rule)

$2,275

per month

Owner Cost Burden

21.1%

of gross income

The median home in Salt Lake County may be a stretch

Median home value is $525,700. Estimated monthly cost: $4,197 vs. your max of $2,275.

Rent Affordability Guide

Your entered rent as a share of entered income19.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $97,494Needed: $63,680
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $97,494Needed: $73,457
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $97,494Needed: $122,345

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Salt Lake County, Utah?
Salt Lake County, Utah has a median monthly rent of $1,592/mo and a median home value of $525,700. The affordability rating is Affordable, with median gross rent equal to approximately 29.5% of renter household income.
What is the median rent in Salt Lake County?
The median gross rent in Salt Lake County is $1,592/mo. This is 39% above state average for Utah.
Is Salt Lake County affordable?
Salt Lake County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.5%. Median gross rent is under 30% of renter household income.
How does Salt Lake County's rent compare to the state average?
Salt Lake County's median rent of $1,592/mo is 39% above state average of $1,149/mo for Utah.
What is the median home value in Salt Lake County?
The median home value in Salt Lake County, Utah is $525,700. This is 58% above the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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