The Most Affordable Neighborhoods in Providence, UT by Home Value

 

Providence, UT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Providence area can be challenging. Home prices in Providence are now at a median cost of $347,402, lower than the Utah average of $361,191.

The average cost of rent is $1,045/mo in Providence, primarily driven by the current value of real estate in the Providence area. While nearly 37.01% of residents own their homes outright in Providence, 10.75% rent.

Housing affordability isn’t just about home prices, though. The average household income in Providence is $8,071 per month. Households that rent pay about 12.94% of their income on rent here. Providence's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.


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