Housing market/Utah/ZIP 84111

ACS 2023 · FY2027 SAFMR

ZIP 84111 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
12,446
Households
7,421
Median HH income
$57,188
Renter share
76.1%
Median gross rent
$1,294
Vacancy
14.1%
Pop. change
+2.6%
2BR SAFMR
$1,670
SAFMR / rent
1.291×
2–49 unit stock
2,778
LIHTC proj / units
31 / 2,679
HUD assisted MF
4 / 350

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 84111 · UT — sent to you.

ZIP 84111 · UT

ACS median rent$1,294
2BR SAFMR$1,670
90% floor$1,503
110% ceiling$1,837

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

Housing stock

ACS 2023 units-in-structure · ZCTA 84111

  • 1-unit detached1,40816.3%
  • 1-unit attached2362.7%
  • 2–4 units3834.4%
  • 5–49 units2,39527.7%
  • 50+ units4,21348.8%
TypeUnitsShare
1-unit detached1,40816.3%
1-unit attached2362.7%
2 units (duplex)1131.3%
3–4 units2703.1%
5–9 units2002.3%
10–19 units4465.2%
20–49 units1,74920.3%
50+ units4,21348.8%
Mobile00.0%

2–4 unit share 4.4% · 5–49 unit share 27.7% · combined 2–49 32.2%.

Units by bedrooms

Studio
1,169
1BR
3,473
2BR
2,889
3BR
833
4BR
203
5+
68

Rent burden

Rent ≥30% of income45.0%
Rent ≥50% of income23.2%
  • ACS median gross rent $1,294 (all bedrooms, occupied rentals).
  • Median contract rent $1,235.
  • Renters paying ≥30% of income 45.0%; ≥50% 23.2%.
  • FY2027 2BR SAFMR $1,670 (1.291× ACS median gross rent).

Population

12,446 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.6%.

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

Assisted inventory

  • LIHTC: 31 projects, 2,679 units.
  • HUD project-based assisted MF: 4 properties, 350 assisted units.
  • 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 84111 76.1% of occupied households are renters; vacancy is 14.1%; ACS median gross rent is $1,294; population increased +2.6% between the 2018 and 2023 ACS vintages; the housing stock includes 383 units in 2–4-unit structures and 2,395 units in 5–49-unit structures; 31 LIHTC projects totaling 2,679 units; FY2027 2BR SAFMR is $1,670 versus ACS median gross rent of $1,294. 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 84111 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 84111?

ZIP 84111 (Salt Lake City, UT HUD Metro FMR Area) has 12,446 residents, 7,421 households, a renter share of 76.1%, median household income of $57,188, and ACS 2023 median gross rent of $1,294. Vacancy is 14.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 84111?

ACS counts 113 units in 2-unit buildings, 270 in 3–4 unit buildings, 200 in 5–9, 446 in 10–19, and 1,749 in 20–49. Combined 2–49 unit stock is 2,778 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 84111?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,670. See the full schedule and 90–110% payment-standard band on the ZIP 84111 — Salt Lake City, UT HUD Section 8 Payment Standards / SAFMR.

Does this Utah ZIP profile include Georgia listings?

No. ZIP 84111 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.