RentYield Atlas

ZIP 84116 — Salt Lake City, UT: rental yield & market data

Gross rental yield of 3.47% — ranked #65 of 89 Utah ZIP codes. June 2026 data.

Gross rental yield
3.47%
Home value
$455,735
Market rent / mo
$1,318
Price-to-rent
28.8

Trend

Metric1-year change5-year change
Home value-0.8% +15.5%
Market rent+4.7% +23.7%

Metro: Salt Lake City, UT · County: Salt Lake County · Annual rent: $15,816

Comparable ZIP codes in Utah

Similar home values, sorted by yield — the cheapest way to see if 84116 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
84118KearnsUT$450,524$2,4036.40%15.6-0.5%
84111Salt Lake CityUT$454,219$1,9295.10%19.6-1.6%
84074ErdaUT$466,711$1,7354.46%22.4-0.4%
84044MagnaUT$446,647$1,6574.45%22.5+1.1%
84115South Salt LakeUT$460,408$1,5714.09%24.4+1.0%
84601ProvoUT$455,018$1,4593.85%26.0+1.2%
84405Washington TerraceUT$463,189$1,4263.70%27.1+1.1%
84403OgdenUT$448,044$1,3463.60%27.7+1.8%

Top rental yields in all of Utah →

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