Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Nephi area can be challenging. Home prices in Nephi are now at a median cost of $311,687, lower than the Utah average of $361,191.
The average cost of rent is $788/mo in Nephi, primarily driven by the current value of real estate in the Nephi area. While nearly 27.53% of residents own their homes outright in Nephi, 27.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nephi is $6,671 per month. Households that rent pay about 11.81% of their income on rent here. Nephi's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Mona, UT: equally priced homes
- Starr, UT: equally priced homes
- Levan, UT: less expensive homes
- Fountain Green, UT: less expensive homes
- Rocky Ridge, UT: equally priced homes
- Goshen, UT: equally priced homes
- Wales, UT: less expensive homes
- Moroni, UT: less expensive homes
- Santaquin, UT: equally priced homes
- Indianola, UT: equally priced homes
Cities with Similar Populations
- Stanley, WI: less expensive homes
- St. Matthews, SC: less expensive homes
- St. Paul Park, MN: equally priced homes
- St. Rose, LA: less expensive homes
- St. Stephen, SC: less expensive homes
- Stanardsville, VA: less expensive homes
- Standish, ME: less expensive homes
- Stanhope, NJ: equally priced homes
- Stanley, VA: less expensive homes
- St. Just, PR: less expensive homes
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