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These days, finding an affordable place to live in the Bingham Canyon area can be challenging. Home prices in Bingham Canyon are now at a median cost of $505,406, lower than the Utah average of $525,914.
The average cost of rent is $1,744/mo in Bingham Canyon, primarily driven by the current value of real estate in the Bingham Canyon area. In Bingham Canyon, 20.52% of households rent, and 19.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bingham Canyon is $9,970 per month. Households that rent pay about 17.50% of their income on rent here. Bingham Canyon’s most expensive areas are in the northern 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
- West Jordan, UT: equally priced homes
- Copperton, UT: higher priced homes
- Kearns, UT: less expensive homes
- South Jordan, UT: higher priced homes
- Herriman, UT: higher priced homes
- Riverton, UT: higher priced homes
- Magna, UT: less expensive homes
- Taylorsville, UT: less expensive homes
- West Valley City, UT: less expensive homes
- Lincoln, UT: equally priced homes
Cities with Similar Populations
- Wyalusing, PA: less expensive homes
- Morrill, ME: less expensive homes
- Mount Hamilton, CA: higher priced homes
- Mountain Rest, SC: less expensive homes
- New Washington, OH: less expensive homes
- North Bonneville, WA: equally priced homes
- Ferndale, AR: equally priced homes
- Franconia, NH: equally priced homes
- Graham, FL: less expensive homes
- Langston, AL: less expensive homes
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