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VACANCY
Apartment
The average Vacancy Rate was 4.6% in the Salt Lake City metro
Distribution / Warehousing
The average Vacancy Rate was 3.5% in the Salt Lake City metro
- No vacancy change since Q3 2022 in the Salt Lake City metro.
- The Salt Lake City metro had the lowest vacancy level since Q1 2017.
Office
The average Vacancy Rate was 18.3% in the Salt Lake City metro
Retail
The average Vacancy Rate was 11.5% in the Salt Lake City metro
RENT
Apartment
The average Asking Rent was $1,323 in the Salt Lake City metro
Distribution / Warehousing
The average Asking Rent was $7.79 in the Salt Lake City metro
- Rent in the Salt Lake City metro was up 2.2% from Q3 2022.
- Rent has risen in every quarter since Q1 2017 in the Salt Lake City metro.
Office
The average Asking Rent was $21.82 in the Salt Lake City metro
- Rent in the Salt Lake City metro was up 0.3% from Q3 2022.
- Rent Has risen for eight consecutive quarters in the Salt Lake City metro.