The Avenues, Salt Lake City, UT Rental Market Trends
Last updated: February 26, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in The Avenues is $1,785, a 5.02% decrease compared to the previous year, when the average rent was $1,880.
One-bedroom apartments provide 716 square feet for $1,573, balancing privacy and affordability.
Two-beedroom units at $1,922 offer 953 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,294 sq ft) for $3,135, suitable for larger households.
Average rent in The Avenues, Salt Lake City, UT
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,785 | 824 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,573 | 716 sq. ft. |
| 2 Beds | $1,922 | 953 sq. ft. |
| 3 Beds | $3,135 | 1,294 sq. ft. |
The Avenues, Salt Lake City, UT rent trends
Rental prices in The Avenues, Salt Lake City, UT have decreased by 5.02% over the past year. The average rent moved from $1,880 to $1,785.
What's the typical rent budget in The Avenues, Salt Lake City, UT?
The largest share of rentals in The Avenues, Salt Lake City, UT (44%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in The Avenues, Salt Lake City, UT?
6,942 or 55% of the households in The Avenues, Salt Lake City, UT are renter-occupied while 5,700 or 45% are owner-occupied.
Most affordable neighborhoods in The Avenues?
Taylorsville $1,299/month
Ballpark $1,309/month
Rose Park $1,332/month
All of these neighborhoods fall below the city wide average of $1,574/month.Most expensive neighborhoods in The Avenues?
Central City $1,850/month
Sugar House $1,915/month
Capitol Hill $1,928/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Salt Lake City, UT By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Capitol Hill | $1,928 |
| Sugar House | $1,915 |
| Central City | $1,850 |
| Holladay | $1,828 |
| The Avenues | $1,785 |
| Downtown Salt Lake City | $1,675 |
| Cottonwood Heights | $1,575 |
| South Salt Lake | $1,527 |
| Glendale | $1,490 |
| Murray | $1,439 |
| Rose Park | $1,332 |
| Ballpark | $1,309 |
| Taylorsville | $1,299 |
Salt Lake City | Rent Comparison by Neighborhood
Rent in The Avenues is 36% higher than in Ballpark
The Avenues rent is the same as Salt Lake City average
Ballpark rent is 27% lower than Salt Lake City average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all The Avenues apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.