Utah renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Utah is about $1,344 per month. This puts it in the 1st percentile compared to the nation average cost of rent, which is $1,307. Households in Utah have a median income of $7,302 per month so the average renter in Utah is spending roughly 18% of their earnings on housing.
Nationally, and in Utah, home values are the data point most closely correlated with the cost of rent. The median price of a home in Utah is $361,191 right now, which is lower than nearby states, meaning that rents in Utah also tend to be lower versus these nearby states.
Higher rent prices are common in the northeastern parts of Utah while lower rent rates are often available in southern areas.
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