Metro data updated Jul 1, 2026

Salt Lake City-Murray, UT Average Rent & Rental Yield

Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.

5.54%
Gross Rental Yield
$2,545
Median Rent
$580,812
Avg Home Value
N/A
Transactions (30d)

Average rent in Salt Lake City-Murray, UT

The median asking rent in Salt Lake City-Murray, UT is $2,545 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.

Against an average home value of $580,812, that rent level prices Salt Lake City-Murray, UT at a 5.54% gross rental yield — compared with 5.61% across Utah.

Metro vs state rental signal

The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.

Gross yield
Metro
5.54%
State
5.61%
Median rent
Metro
$2,545
State
$2,350
Avg home value
Metro
$580,812
State
$509,526
30d transactions
Metro
N/A
State
N/A

Nearby metro yield comparison

Compare this metro with other Utah markets and jump directly into Rental Insights or a public metro report when a yield page is available.

Ogden, UT

N/A transactions last 30d

5.81%

Provo-Orem-Lehi, UT

N/A transactions last 30d

5.46%

St. George, UT

N/A transactions last 30d

5.83%

Heber, UT

N/A transactions last 30d

4.75%

Cedar City, UT

N/A transactions last 30d

6.08%

Logan, UT-ID

N/A transactions last 30d

5.84%

Price, UT

N/A transactions last 30d

6.74%

Vernal, UT

N/A transactions last 30d

7.07%

Salt Lake City-Murray, UT rent and yield FAQ

Quick answers based on the latest Salt Lake City-Murray, UT rental listing and transaction data.

What is the average rent in Salt Lake City-Murray, UT?

As of July 2026, the median asking rent in Salt Lake City-Murray, UT is $2,545. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.

What is a good rental yield in Salt Lake City-Murray, UT?

Salt Lake City-Murray, UT currently prices at a 5.54% gross rental yield, versus 5.61% across Utah. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.

Move from Salt Lake City-Murray, UT market context to property-level screening

Open Rental Insights with Salt Lake City-Murray, UT selected, then pair the yield signal with investor activity and rental data workflows.