Salt Lake City, UT · Utah

Salt Lake County

ZIP 84111

1.2M residents6,303 permits TTM$94,658 median HHI42 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$484,500

ACS 5-Year

Cap rate proxy

3.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.9%

HUD FMR ÷ ACS HHI

Net migration

+1.93%

IRS SOI

Permits (TTM)

6,303

Census BPS

Climate risk

98.6

FEMA NRI (0–100)

ZIP 84111

Median home value

Gross yield

Buy Box score

0.5

Section 8 gap

Affordability

P/I: 4.7R/I: 22.9%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown42 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
841045.5%
841295.0%
841204.9%
841114.9%
840094.8%
840844.4%
840444.4%
841014.1%
841194.1%
841184.0%
840654.0%
841284.0%
840474.0%
841153.9%
840943.7%
841083.7%
840063.7%
841123.7%
841133.7%
841143.7%
841383.7%
841503.7%
841803.7%
841063.7%
840963.6%
840813.6%
841023.5%
840703.4%
840883.4%
841163.3%
841233.2%
841073.2%
841053.1%
840923.1%
840933.0%
841093.0%
841212.9%
840952.8%
841172.7%
841032.6%
841242.6%
840202.4%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

67.0%

Census ACS

Vacancy rate

5.4%

Census ACS

Bachelor's degree +

38.6%

Census ACS

Rent burdened

45.6%

Census ACS (>30% income)

Median age

33.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026