The Most Affordable Neighborhoods in Mount Carmel Junction, UT by Home Value

 

Mount Carmel Junction, UT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mount Carmel Junction area can be challenging. Home prices in Mount Carmel Junction are now at a median cost of $192,754, lower than the Utah average of $361,191.

The average cost of rent is $765/mo in Mount Carmel Junction, primarily driven by the current value of real estate in the Mount Carmel Junction area. While nearly 64.13% of residents own their homes outright in Mount Carmel Junction, 13.95% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mount Carmel Junction is $5,400 per month. Households that rent pay about 14.16% of their income on rent here. Mount Carmel Junction's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.


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