Salt Lake City is the 44th largest multifamily market with 112,365 completed units and 48,857 units in development,11,362 of which have already broken ground, as of December 2021.
Salt Lake City Multifamily Market Summary – December 2021
New lease asking rents are at $1,460, up 16.5%▲
from the previous year placing Salt Lake City at
27th overall in year-over-year rent growth.
