To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Terrace by bedroom type below.
Studio
Suggested income:
$23,700
per year
1 Bedroom
Suggested income:
$38,900
per year
2 Bedroom
Suggested income:
$42,700
per year
3 Bedroom
Suggested income:
$58,700
per year
Rent report
The Terrace Rent vs. Salt Lake City Average
The Terrace
Salt Lake City Average
Studio
$658
$1,186
$0
$400
$800
$1,200
$1,600
1BR
$1,080
$1,358
$0
$450
$900
$1,350
$1,800
2BR
$1,186
$1,647
$0
$550
$1,100
$1,650
$2,200
3BR
$1,630
$2,068
$0
$700
$1,400
$2,100
$2,800
The Terrace is asking 44%
less than the average studio apartment in
Salt Lake City.
If you upsized to an average priced Salt Lake City 1 bedroom apartment, you would pay
13% more per month.
The Terrace provides 23%
more square footage than the average
Salt Lake City studio apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
The Terrace
Studio
$658
$1.30
$1,974
1BR
$1,080
$1.70
$3,240
2BR
$1,186
$1.40
$3,557
3BR
$1,630
$1.30
$4,890
Salt Lake City Average
Studio
$1,186
$2.90
$3,557
1BR
$1,358
$2.10
$4,073
2BR
$1,647
$1.70
$4,942
3BR
$2,068
$1.40
$6,203
4BR
$2,855
$1.40
$8,565
Availability in Salt Lake City
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 576 2BR
units on the market in Salt Lake City. If you're looking to negotiate, this may be your best option.
Yes. There are 56 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 56 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 500 to 1,300 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1, 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $650 to $1,630. The Terrace has studio units available starting at $650, 1 bedroom units available starting at $1,080, 2 bedroom units available starting at $1,100, and 3 bedroom units available starting at $1,630.
Where is this property located?
This property is at 135 S 500 W in Salt Lake City, UT. It's 0.8 miles west from the center of Salt Lake City.