Current Apartments
4994 S Commerce Dr,
Murray, UT 84107
Studio - 2 Beds | $1,315 - $2,535
Rental Market Trends in Murray, UT
What is the average rent in Murray, UT?
$1,253/month
Average Rent
699 Sq Ft
Average Apartment Size
-4.1%
Decrease in the Last Year
As of December 2024, the average rent in Murray, UT is $1,253 per month. This is 20% lower than the national average rent of $1,560/month, making renting in Murray more affordable than most cities in the US. When you rent an apartment in Murray, you can expect to pay about $1,113 per month for a studio, $1,253 for a one-bedroom apartment, and around $1,416 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,607 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Murray, UT?
In the past year, rent has decreased by 4.1%, which averages out to $51 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Murray, UT
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
9%
Below $700/month
5%
$700 - $1,000/month
59%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
5%
Above $2,000/month
What salary do I need to live comfortably in Murray, UT?
Because the average rent in Murray is $1,253, you’ll want to make about $4,176 per month or $50,112 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Murray, UT compare to other nearby cities and neighborhoods?
Use the tool below to compare Murray, UT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
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Cornerstone Residential
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EMG Management
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Avenue5 Residential
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520
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114,260
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Triton Investments
-
15
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2,870
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11
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Highmark Residential
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225
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121
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Brookfield Properties
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65
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46
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.