Looking For Apartment Rentals in Salt Lake City? These 3 Communities Have the Answer

Looking for apartment rentals in Salt Lake City is a great adventure. There is so much to see and do here that you won’t have time for boredom. These three communities offer apartments with great rental prices, lots to do and each one is only minutes from downtown.

Downtown (Central) - population: 29,131, average apartment rent: $587

Downtown, the oldest district in Salt Lake City, was settled by Mormon pioneers in the 1840′s. Temple Square is the most well-known attraction in the area. There are historical sites everywhere and information on them is found at the Visitors Center on Temple Square. Some include the Salt Lake Temple and the magnificent grounds that surround it, the Beehive House (which was Brigham Young’s residence), and the Joseph Smith Memorial Building, formerly the elegant Hotel Utah. Most attractions offer free admission. Shopping and fine dining abounds in the area as well.

East Central – population: 20,493, average apartment rent: $662

East Central has a lot to offer. My favorite place to go in this area is the Gilgal Sculpture Garden created by Thomas Battersby Child Jr. in the mid-twentieth century. Tucked behind homes and businesses many passersby are unaware it exists at all. Gilgal Sculpture Garden has 12 original sculptures and over 70 stones engraved with scriptures, poems, and literary texts. As a whole, Gilgal Sculpture Garden is significant as the only identified “visionary art environment” in Utah. Admission is free.

East Bench – population: 22,173, average apartment rent: $727

East Bench is a fairly affluent Salt Lake City neighborhood and is also called “The Foothills.” The University of Utah is prominent here. Visitors and residents will find plenty to do in East Bench. There is the Hogle Zoo, Red Butte Garden and Arboretum, and This is The Place Heritage Park. Plus, the university has wonderful museums and offers fantastic cultural events and activities.

There are many distinct neighborhoods in Foothill. Country Club, which is near the Salt Lake Country Club, the eastern side of Sugar House, Oak Hills, Donner Park, the Harvard-Yale Neighborhood, where many streets are named after schools, St. Mary’s Park, and the Devonshire Neighborhood near the H-Rock (a large rock with the letter H painted on it).

No matter what you like to do for fun and relaxation, you are sure to find in it here. Looking for apartment rentals in Salt Lake City neighborhoods like these can really shave time off your search because these are some of the best places the area has to offer.

Need help finding an apartment in Salt Lake City?

If you need help finding a good apartment, just call my office and one of our staff members will help you for free — it’s what we do. Our toll-free number is 877-676-1767.

Invest in Apartments Without Becoming a Landlord

Have you ever thought about owning a rental property but resisted? Or perhaps you already own rental properties but you don’t have the time to expand your holdings.

Owning real estate is something many of us think about, sometimes quite often, but for whatever reason don’t act upon. We all know that historically real estate produces stable, predictable growth with steady cash flow. Yet most of us just talk about it and never actually get into it.

Owning property traditionally involves not just owning but also managing the asset. Managing involves dealing with resident issues, both day and night when emergencies arise. Then there’s the maintenance factors and upkeep of the property. It’s enough to scare off most investors who want into the market.

If this sounds like you, then keep reading.

There’s an easy answer to this problem that will enable you to enjoy all the benefits of real estate without the headaches of becoming a landlord. Take the hassles out of owning rental property by enjoying the comforts of investing in rental properties. Let me introduce you to Real Estate Investment Trusts (REITs).

REITs offer investors a completely different real estate ownership option. A REIT, in its simplest form, is a pool of investors that use their money to buy real estate. Instead of buying a piece of real estate on your own, you pool your money with other like minded investors and buy properties as a group.

Each REIT will have a stated investment objective, management structure and investment structure much like any other investment you may be looking at. Looking closely, you will learn what the REIT is investing in and what the overall asset mix is. For example, many REITs invest in apartment buildings, office, retail, commercial, hotel or industrial space. Most will invest predominately in one type and mix in a little of the other types to add some balance to the portfolio.