Expensive
Affordable
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These days, finding an affordable place to live in the Bonanza area can be challenging. Home prices in Bonanza are now at a median cost of $319,065, lower than the Utah average of $525,914.
The average cost of rent is $875/mo in Bonanza, primarily driven by the current value of real estate in the Bonanza area. In Bonanza, 10.00% of households rent, and 45.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bonanza is $8,282 per month. Households that rent pay about 10.56% of their income on rent here. Bonanza’s most expensive areas are in the western 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
- Vernal, UT: equally priced homes
- Naples, UT: equally priced homes
- Maeser, UT: equally priced homes
- Jensen, UT: equally priced homes
- Lapoint, UT: equally priced homes
- Tridell, UT: less expensive homes
- Gusher, UT: less expensive homes
- Fort Duchesne, UT: less expensive homes
- Leeton, UT: less expensive homes
- Ouray, UT: less expensive homes
Cities with Similar Populations
- Reeve, WI: less expensive homes
- Brock, OK: less expensive homes
- Benton, CA: higher priced homes
- Ila, GA: less expensive homes
- St. Rose, IL: less expensive homes
- Honey Lake, WI: higher priced homes
- Hot Sulphur Springs, CO: higher priced homes
- Husser, LA: less expensive homes
- St. Francisville, IL: less expensive homes
- Stag Park, NC: less expensive homes
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