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Salt Lake City renters spend less on rent now than at any point in past decade

Robust income growth, apartment rent losses create favorable renting environment
CoStar Analytics
February 26, 2025 | 5:47 P.M.

Salt Lake City apartment rents have endured several years of annual rent losses while incomes continue to grow. This combination has resulted in a more affordable renting environment than at any point in the past decade.

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