Rental market snapshot for Capitol Hill, Salt Lake City
Capitol Hill rental market summary
The rental market in Capitol Hill, Utah is showing signs of growth. In July 2023, there were 219 new listings, indicating an increase in the number of rental properties available. The median rent in July 2023 was $1,842, a slight decrease of .4% from June 2023. However, when compared to July 2022, the median rent had increased by 4.5%. This suggests that the rental market in Capitol Hill is becoming more competitive, with more people looking to rent in the area.
Overall, the rental market in Capitol Hill, Utah appears to be on the rise. With more listings and a steady increase in median rent, it is likely that the rental market will continue to grow in the coming months. As more people look to rent in the area, the demand for rental properties is likely to increase, resulting in higher rents and more competition for available properties.
Median rent for all residential properties in Capitol Hill
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The most expensive listings and top trending buildings in Capitol Hill
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 455 W 200 N | $7,532 | 3 / 3.5 |
| 455 W 200 N | $5,670 | 2 / 2.5 |
| 455 W 200 N | $5,658 | 2 / 2.5 |
| 455 W 200 N | $4,965 | 2 / 2.5 |
| 255 N 400 W | $4,625 | 2 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Greystar Real Estate Partners LLC | $2,131 |
| Redstone | $1,940 |
| NXT Property Management | $1,716 |
| AMC | $1,395 |
| Stonebrook Property Management | $1,095 |
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Bedroom Breakdown in Capitol Hill
Capitol Hill neighborhood apartments rents
The rental market for studios in Capitol Hill, Utah, is showing signs of growth. In July 2023, there were 10 new studio listings, which is a 9.3% increase from the previous month. The median rent for studios in July 2023 was $1,391, which is a decrease of 9.3% from the median rent in June 2023. This suggests that the rental market for studios in Capitol Hill is becoming more competitive, with more options available for renters.
The rental market for 1-bedroom apartments in Capitol Hill, Utah is showing signs of growth. In July 2023, there were 22 new 1-bedroom listings, a 5.9% increase in median rent from June 2023 to July 2023, and a median rent of $1,800. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Capitol Hill, Utah is showing signs of growth. In July 2023, there were 31 new 2-bedroom listings, a 4.8% increase in median rent from June 2023 to July 2023, and a median rent of $2,763. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.