Salt Lake City Property Management
TRANSPARENCY. STEWARDSHIP. INTEGRITY. INNOVATION. WORK ETHIC.
Overview
Owning a successful rental property requires time, effort, and know-how. With Utah Property Solutions, you gain the benefits of a dedicated team that handles every detail of managing your rental—saving you the frustration and freeing you up to enjoy your investment. As a full-service Salt Lake City property management company, we’re here to help you weigh the advantages and disadvantages of working with property management companies, ensuring you make the choice that’s best for your goals.
Have specific questions? Looking for tailored advice? Our team provides personalized guidance to help you:
- Boost your property’s value
- Attract high-quality residents
- Streamline management processes
Ready to explore how property management can work for you? Schedule a consultation using the form , and let’s maximize your property’s potential together!
schedule a consultation
Owner or Renter?
The Benefits of Using 
- Optimized Investment Strategy
- Transparent Pricing and Operations
- Large Property Advertising Network
- Low Maintenance Costs
- Accurate Financial Reporting
- Stress-Free Management
- Thorough Underwriting & Screening Process
- Legal and Compliance and Risk Management
- Communication Guaranteed
As Your Salt Lake City Property Manager, We Take Care of Everything.
Marketing
Marketing is key to successful rentals. Utah Property Solutions provides an expert market analysis for each property we manage to maximize your return on investment. Details +
Screening
We conduct extensive screening on all tenants and handle everything from moving your qualified tenant into their new home, to rent collection, to handling maintenance issues. Details +
Rent Collection
We make sure you get paid on time, every time. You no longer have to worry about rent showing up in your bank account because we take care of everything so you have to worry about nothing. Details +
Maintenance
We conduct inspections upon move-in and move-out that include documentation of the property’s condition and ensure all maintenance issues are addressed in a timely manner. Details +
Financial Reporting
With our detailed financial reporting tools, it's never been easier to keep tabs on your investment. Log into your owner portal to view statements and stay in tune with how your investment is performing. Details +
Eviction Management
In the unfortunate event that a tenant needs to be evicted from your rental, we will cover the cost of a simple uncontested eviction (some restrictions apply) and ensure your investment is protected. Details +
Pricing packages catered to you
Full Service Management Pricing
This industry has many different pricing models, but ours stands out with a 100% commitment to transparency. Take a look at how we’ve structured it!
Learn MoreComprehensive Care Plan
Enhance our Full-Service Property Management with the Comprehensive Care Plan—crafted specifically for investors looking to elevate their approach from property management to true asset management.
Learn MoreGet a free rental analysis today.
you’re protected with our guarantees
Communication matters! We guarantee a response within 1 business day or we’ll credit your next month’s management fee.
Life happens—sometimes residents need to move early, or we miss the mark and place someone who stops paying rent. If either occurs within 6 months of move-in, we’ll place a new tenant at no additional leasing fee.
In the unlikely event of an eviction, we cover associated costs up to $1,000. Average eviction is about $800.
We guarantee an executed lease within 30 days of advertising, or we’ll credit one month’s management fee to your account (excluding November to January).
We will cover up to $2,000 above the standard security deposit for property damage caused by approved pets.
What Our Clients Have To Say
Why Invest in Salt Lake City
About Salt Lake City
As the capital and most populous city in Utah, Salt Lake City is one of the most desirable places to live, work, and play. Salt Lake City is the perfect mix of urban amenities and nature. You will find theaters, art galleries, museums, sports arenas, a plethora of dining options, and many more entertainment options in the heart of the city. One of the most notable landmarks is Temple Square. Just outside of the city, residents have access to various outdoor adventures, from playing in the snow at ski resorts to biking through canyons to boating on the Great Salt Lake. There is something for everyone in Salt Lake City, making it an ideal location for an investment property.
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Investing Insights
As a property owner in Salt Lake City, it is essential to recognize that you are located in Utah's largest city, with a population of 2.4 million in the greater area. According to World Population Review, Salt Lake City is home to 6.75% of Utah’s entire population, with the average household income totaling $88,127.
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Pros of Investing in Salt Lake City
Salt Lake City boasts a strong economy and one of the lowest unemployment rates in the USA. Combine that with a lower cost of living than other major cities, high quality of life, and a vast array of amenities have made Salt Lake City a hotspot for renting. Many young professionals and aging retirees are moving from more expensive regions, such as California, to Salt Lake City to take advantage of this. This factor is just part of what has led to a sharp increase in home value over the past five years, which is expected to continue to rise. All of this makes a strong market for investment properties.
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Cons of Investing in Salt Lake City
Salt Lake City is a booming city, which means that many investors are taking advantage of that fact. Salt Lake City has a close 50/50 split on owner-occupied homes versus renter-occupied homes; when looking on popular renting sites, you will find hundreds of units available to rent. While this means that you are competing against other units, it is less negative than it appears due to the separation of neighborhoods due to income.
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Investor Snapshot
Before we can dive into the numbers, it is important to note that Salt Lake City has 38 neighborhoods, ranging in lifestyle and price. For example, Wasatch Hollow, the most expensive neighborhood in the city, has a median listing price of $750k. In comparison, Jordan Meadows, the most affordable neighborhood, has a median listing price of $254.9k. As an owner, your opportunities for renters and pricing will be dependent on the location of the property and the renter demographic.
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Salt Lake City Home Prices:
In April 2021, the statistics for Salt Lake City’s buying market is as follows:
- Price Range: $25k - $16.5M
- Median List Price: $430K
- Trending: Salt Lake City was an 11.7% year-over-year increase. According to Zillow, Salt Lake City has risen from a median of $296k to what we see today in just five years.
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Salt Lake City Rental Rates:
In April 2021, the statistics for Salt Lake City’s renting market is as follows:
- Price Range: $600-$6,000
- Average rent: $1,263
- Trending: Salt Lake City has seen a 2% increase compared to 2020.