Downtown SLC (trophy, ~$42/sqft/yr) is one of 5 Salt Lake City Class A submarkets we track.

  • Downtown SLC sits at trophy tier.
  • Average rent $42/sqft/yr vs city average 32.
  • Compared submarkets: Silicon Slopes (Lehi) (trophy), Silicon Slopes (Provo) (prime), Sugar House (prime).

Downtown SLC vs other Salt Lake City submarkets

Downtown SLC (trophy, ~$42/sqft/yr) is one of 5 Salt Lake City Class A submarkets we track.

TL;DR

  • Downtown SLC sits at trophy tier.
  • Average rent $42/sqft/yr vs city average 32.
  • Compared submarkets: Silicon Slopes (Lehi) (trophy), Silicon Slopes (Provo) (prime), Sugar House (prime).

Side-by-side with peers

**Silicon Slopes (Lehi)** (trophy, $38/sqft/yr) — Adobe-anchored tech campus corridor. **Silicon Slopes (Provo)** (prime, $36/sqft/yr) — Qualtrics and BYU-anchored tech node. **Sugar House** (prime, $32/sqft/yr) — Repositioned mid-rise creative-class submarket. **Airport / International Center** (established, $26/sqft/yr) — Suburban Class A and logistics HQ corridor.

Key facts

citySalt Lake City
submarketDowntown SLC
tiertrophy
averageRentLocal$42/sqft/yr
cityClassARentUsd$32/sqft/yr
cityVacancyPct17.4%

Frequently asked questions

What other submarkets compete with Downtown SLC in Salt Lake City?
Silicon Slopes (Lehi), Silicon Slopes (Provo), Sugar House

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics