Housing market/Utah/ZIP 84119

ACS 2023 · FY2027 SAFMR

ZIP 84119 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
50,745
Households
15,754
Median HH income
$66,616
Renter share
45.3%
Median gross rent
$1,418
Vacancy
6.3%
Pop. change
-5.9%
2BR SAFMR
$1,580
SAFMR / rent
1.114×
2–49 unit stock
5,490
LIHTC proj / units
15 / 719
HUD assisted MF
1 / 79

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 84119 · UT — sent to you.

ZIP 84119 · UT

ACS median rent$1,418
2BR SAFMR$1,580
90% floor$1,422
110% ceiling$1,738

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

Housing stock

ACS 2023 units-in-structure · ZCTA 84119

  • 1-unit detached7,05842.0%
  • 1-unit attached2,01212.0%
  • 2–4 units2,16812.9%
  • 5–49 units3,32219.8%
  • 50+ units6543.9%
  • Mobile1,5979.5%
TypeUnitsShare
1-unit detached7,05842.0%
1-unit attached2,01212.0%
2 units (duplex)6043.6%
3–4 units1,5649.3%
5–9 units1,0866.5%
10–19 units1,1767.0%
20–49 units1,0606.3%
50+ units6543.9%
Mobile1,5979.5%

2–4 unit share 12.9% · 5–49 unit share 19.8% · combined 2–49 32.7%.

Units by bedrooms

Studio
324
1BR
2,160
2BR
4,692
3BR
5,666
4BR
2,434
5+
1,535

Rent burden

Rent ≥30% of income50.4%
Rent ≥50% of income25.9%
  • ACS median gross rent $1,418 (all bedrooms, occupied rentals).
  • Median contract rent $1,251.
  • Renters paying ≥30% of income 50.4%; ≥50% 25.9%.
  • FY2027 2BR SAFMR $1,580 (1.114× ACS median gross rent).

Population

50,745 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.9%.

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

Assisted inventory

  • LIHTC: 15 projects, 719 units.
  • HUD project-based assisted MF: 1 properties, 79 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 84119 45.3% of occupied households are renters; vacancy is 6.3%; ACS median gross rent is $1,418; population changed -5.9% between the 2018 and 2023 ACS vintages; the housing stock includes 2,168 units in 2–4-unit structures and 3,322 units in 5–49-unit structures; 15 LIHTC projects totaling 719 units; FY2027 2BR SAFMR is $1,580 versus ACS median gross rent of $1,418. 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 84119 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 84119?

ZIP 84119 (Salt Lake City, UT HUD Metro FMR Area) has 50,745 residents, 15,754 households, a renter share of 45.3%, median household income of $66,616, and ACS 2023 median gross rent of $1,418. Vacancy is 6.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 84119?

ACS counts 604 units in 2-unit buildings, 1,564 in 3–4 unit buildings, 1,086 in 5–9, 1,176 in 10–19, and 1,060 in 20–49. Combined 2–49 unit stock is 5,490 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 84119?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,580. See the full schedule and 90–110% payment-standard band on the ZIP 84119 — Salt Lake City, UT HUD Section 8 Payment Standards / SAFMR.

Does this Utah ZIP profile include Georgia listings?

No. ZIP 84119 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.