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

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Bedroom Breakdown in East Central

Studio
$1,199
MEDIAN RENT
1 Bedroom
$1,425
MEDIAN RENT
2 Bedroom
$1,899
MEDIAN RENT

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.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in East Central is $1,495.
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