Rental market snapshot for East Central, Salt Lake City
East Central rental market summary
The rental market in East Central, Utah is showing signs of growth. In July of 2023, there were 158 new listings, a significant increase from the previous month. The median rent for the area also decreased slightly from $1,499 in June to $1,495 in July, representing a 0.3% decrease. This is a stark contrast to the 9.4% increase in rent from July 2022 to July 2023. This suggests that the rental market in East Central is becoming more affordable, and that more people are looking to rent in the area.
Overall, the rental market in East Central, Utah is looking positive. With more listings and a decrease in median rent, it is becoming more accessible for people to rent in the area. This is great news for those looking for a place to call home in East Central, and it is likely that the rental market will continue to improve in the coming months.
Median rent for all residential properties in East Central
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The most expensive listings and top trending buildings in East Central
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1035 E 800 S | $4,500 | 5 / 2.0 |
113 S 700 E | $4,200 | 4 / 2.0 |
113 S 700 E | $4,100 | 4 / 2.0 |
1120 E 400 S | $4,000 | 5 / 3.0 |
1268 E 900 S | $3,750 | 3 / 2.0 |
Top Trending Buildings
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Bedroom Breakdown in East Central
East Central neighborhood apartments rents
The rental market for studios in East Central, Utah is relatively stable. In July 2023, there were two new studio listings, but the median rent stayed the same as it was in June 2023 at $1,199. This indicates that the rental market is not experiencing any significant changes in terms of rent prices.
The rental market for 1-bedroom apartments in East Central, Utah is relatively stable. In July 2023, there was only one new listing, and the median rent for 1-bedroom apartments decreased by 3.1% from June 2023 to July 2023, from $1,470 to $1,425. This suggests that the rental market is not experiencing any significant changes in the near future.
The rental market for 2-bedroom apartments in East Central, Utah appears to be relatively stable, with only one new listing in July 2023. The median rent for 2-bedroom apartments in July 2023 was $1,899, which suggests that there has been no significant change in rent from May 2023. This indicates that the rental market in East Central, Utah is relatively stable and that there is a steady demand for 2-bedroom apartments.