Salt Lake City apartment rents remained flat for three straight months starting in May after surging higher in the first four months of 2024. The lack of rent growth is not abnormal this time of year as both demand and rents typically experience an uptick during spring leasing season, only to taper off in the summer.
Salt Lake City Monthly Apartment Rent Growth Cools Off in Summer
Rents Flatten for Three Consecutive Months Following Early Surge
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