Housing market/Utah/ZIP 84128

ACS 2023 · FY2027 SAFMR

ZIP 84128 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
32,072
Households
8,250
Median HH income
$109,286
Renter share
11.6%
Median gross rent
$1,838
Vacancy
2.3%
Pop. change
+19.4%
2BR SAFMR
$1,970
SAFMR / rent
1.072×
2–49 unit stock
310
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 84128 · UT — sent to you.

ZIP 84128 · UT

ACS median rent$1,838
2BR SAFMR$1,970
90% floor$1,773
110% ceiling$2,167

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

Housing stock

ACS 2023 units-in-structure · ZCTA 84128

  • 1-unit detached7,31286.6%
  • 1-unit attached4805.7%
  • 2–4 units1571.9%
  • 5–49 units1531.8%
  • 50+ units150.2%
  • Mobile3253.8%
TypeUnitsShare
1-unit detached7,31286.6%
1-unit attached4805.7%
2 units (duplex)740.9%
3–4 units831.0%
5–9 units00.0%
10–19 units180.2%
20–49 units1351.6%
50+ units150.2%
Mobile3253.8%

2–4 unit share 1.9% · 5–49 unit share 1.8% · combined 2–49 3.7%.

Units by bedrooms

Studio
0
1BR
152
2BR
848
3BR
2,496
4BR
2,751
5+
2,195

Rent burden

Rent ≥30% of income43.2%
Rent ≥50% of income21.5%
  • ACS median gross rent $1,838 (all bedrooms, occupied rentals).
  • Median contract rent $1,605.
  • Renters paying ≥30% of income 43.2%; ≥50% 21.5%.
  • FY2027 2BR SAFMR $1,970 (1.072× ACS median gross rent).

Population

32,072 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +19.4%.

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 84128 11.6% of occupied households are renters; vacancy is 2.3%; ACS median gross rent is $1,838; population increased +19.4% between the 2018 and 2023 ACS vintages; the housing stock includes 157 units in 2–4-unit structures and 153 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,970 versus ACS median gross rent of $1,838. 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 84128 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 84128?

ZIP 84128 (Salt Lake City, UT HUD Metro FMR Area) has 32,072 residents, 8,250 households, a renter share of 11.6%, median household income of $109,286, and ACS 2023 median gross rent of $1,838. Vacancy is 2.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 84128?

ACS counts 74 units in 2-unit buildings, 83 in 3–4 unit buildings, 0 in 5–9, 18 in 10–19, and 135 in 20–49. Combined 2–49 unit stock is 310 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 84128?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,970. See the full schedule and 90–110% payment-standard band on the ZIP 84128 — Salt Lake City, UT HUD Section 8 Payment Standards / SAFMR.

Does this Utah ZIP profile include Georgia listings?

No. ZIP 84128 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.