Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Murray area can be challenging. Home prices in Murray are now at a median cost of $316,546, lower than the Utah average of $361,191.
The average cost of rent is $1,450/mo in Murray, primarily driven by the current value of real estate in the Murray area. While nearly 40.99% of residents own their homes outright in Murray, 34.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Murray is $6,401 per month. Households that rent pay about 22.66% of their income on rent here. Murray's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Midvale, UT: equally priced homes
- South Salt Lake, UT: less expensive homes
- Holladay, UT: higher priced homes
- Taylorsville, UT: less expensive homes
- Cottonwood Heights, UT: higher priced homes
- Sandy, UT: higher priced homes
- West Valley City, UT: less expensive homes
- West Jordan, UT: higher priced homes
- Salt Lake City, UT: higher priced homes
- Kearns, UT: less expensive homes
Cities with Similar Populations
- Kaneohe, HI: higher priced homes
- National City, CA: higher priced homes
- Mount Juliet, TN: equally priced homes
- New Baltimore, MI: less expensive homes
- New Brunswick, NJ: equally priced homes
- Newark, OH: less expensive homes
- Oak Lawn, IL: less expensive homes
- Owings Mills, MD: higher priced homes
- Palm Beach Gardens, FL: higher priced homes
- Perth Amboy, NJ: less expensive homes
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