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These days, finding an affordable place to live in the Ballard area can be challenging. Home prices in Ballard are now at a median cost of $281,300, lower than the Utah average of $525,914.
The average cost of rent is $986/mo in Ballard, primarily driven by the current value of real estate in the Ballard area. In Ballard, 15.81% of households rent, and 47.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ballard is $7,261 per month. Households that rent pay about 13.58% of their income on rent here. Ballard’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Roosevelt, UT: higher priced homes
- Fort Duchesne, UT: less expensive homes
- Leeton, UT: less expensive homes
- Cedarview, UT: equally priced homes
- Ouray, UT: less expensive homes
- Myton, UT: less expensive homes
- Ioka, UT: equally priced homes
- Monarch, UT: equally priced homes
- Neola, UT: equally priced homes
- Tridell, UT: equally priced homes
Cities with Similar Populations
- Rocky Plains, GA: less expensive homes
- Mount Olivet, KY: less expensive homes
- Pheba, MS: less expensive homes
- Patton Village, CA: less expensive homes
- Parshall, ND: less expensive homes
- Palestine, AR: less expensive homes
- Otis, NM: higher priced homes
- Olivehill, TN: less expensive homes
- North Hartsville, SC: less expensive homes
- North Apollo, PA: less expensive homes
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