Housing market/Utah/ZIP 84108

ACS 2023 · FY2027 SAFMR

ZIP 84108 Salt Lake City, Utah

Salt Lake City, UT HUD Metro FMR Area · Utah. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
21,951
Households
7,705
Median HH income
$120,469
Renter share
22.9%
Median gross rent
$1,562
Vacancy
6.7%
Pop. change
-2.1%
2BR SAFMR
$1,710
SAFMR / rent
1.095×
2–49 unit stock
1,484
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 84108 · UT — sent to you.

ZIP 84108 · UT

ACS median rent$1,562
2BR SAFMR$1,710
90% floor$1,539
110% ceiling$1,881

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 84108

  • 1-unit detached6,03973.1%
  • 1-unit attached3504.2%
  • 2–4 units4996.0%
  • 5–49 units98511.9%
  • 50+ units3764.6%
  • Mobile90.1%
TypeUnitsShare
1-unit detached6,03973.1%
1-unit attached3504.2%
2 units (duplex)4084.9%
3–4 units911.1%
5–9 units1401.7%
10–19 units3544.3%
20–49 units4915.9%
50+ units3764.6%
Mobile90.1%

2–4 unit share 6.0% · 5–49 unit share 11.9% · combined 2–49 18.0%.

Units by bedrooms

Studio
73
1BR
380
2BR
1,493
3BR
2,260
4BR
2,387
5+
1,665

Rent burden

Rent ≥30% of income44.2%
Rent ≥50% of income16.9%
  • ACS median gross rent $1,562 (all bedrooms, occupied rentals).
  • Median contract rent $1,404.
  • Renters paying ≥30% of income 44.2%; ≥50% 16.9%.
  • FY2027 2BR SAFMR $1,710 (1.095× ACS median gross rent).

Population

21,951 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 4,434 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 84108 22.9% of occupied households are renters; vacancy is 6.7%; ACS median gross rent is $1,562; population changed -2.1% between the 2018 and 2023 ACS vintages; the housing stock includes 499 units in 2–4-unit structures and 985 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,710 versus ACS median gross rent of $1,562. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Utah research

ZIP 84108 is a Census / HUD profile for Salt Lake City, UT. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Utah research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 84108?

ZIP 84108 (Salt Lake City, UT HUD Metro FMR Area) has 21,951 residents, 7,705 households, a renter share of 22.9%, median household income of $120,469, and ACS 2023 median gross rent of $1,562. Vacancy is 6.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 84108?

ACS counts 408 units in 2-unit buildings, 91 in 3–4 unit buildings, 140 in 5–9, 354 in 10–19, and 491 in 20–49. Combined 2–49 unit stock is 1,484 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 84108?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,710. See the full schedule and 90–110% payment-standard band on the ZIP 84108 — Salt Lake City, UT HUD Section 8 Payment Standards / SAFMR.

Does this Utah ZIP profile include Georgia listings?

No. ZIP 84108 is Census / HUD research for Salt Lake City, UT HUD Metro FMR Area. Jeff Crowe CRE does not list Utah property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.