The Most Affordable Neighborhoods in Panguitch, UT by Home Value

 

Panguitch, UT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Panguitch area can be challenging. Home prices in Panguitch are now at a median cost of $243,031, lower than the Utah average of $361,191.

The average cost of rent is $697/mo in Panguitch, primarily driven by the current value of real estate in the Panguitch area. While nearly 50.75% of residents own their homes outright in Panguitch, 18.18% rent.

Housing affordability isn’t just about home prices, though. The average household income in Panguitch is $4,178 per month. Households that rent pay about 16.69% of their income on rent here. Panguitch's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.


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