The Most Affordable Neighborhoods in Hite, UT by Home Value

 

Hite, UT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hite area can be challenging. Home prices in Hite are now at a median cost of $246,795, lower than the Utah average of $361,191.

The average cost of rent is $540/mo in Hite, primarily driven by the current value of real estate in the Hite area. While nearly 88.48% of residents own their homes outright in Hite, 33.32% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hite is $4,838 per month. Households that rent pay about 11.17% of their income on rent here. Hite's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.


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