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These days, finding an affordable place to live in the Salt Lake County area can be challenging. Home prices in Salt Lake County are now at a median cost of $551,147, higher than the Utah average of $525,914.
The average cost of rent is $1,821/mo in Salt Lake County, primarily driven by the current value of real estate in the Salt Lake County area. In Salt Lake County, 33.87% of households rent, and 29.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Salt Lake County is $8,999 per month. Households that rent pay about 20.24% of their income on rent here. Salt Lake County’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Tooele County, UT: less expensive homes
- Summit County, UT: higher priced homes
- Wasatch County, UT: higher priced homes
- Moffat County, CO: less expensive homes
- Jackson County, CO: less expensive homes
- Larimer County, CO: equally priced homes
- Logan County, CO: less expensive homes
- Phillips County, CO: less expensive homes
- Chase County, NE: less expensive homes
- Shasta County, CA: less expensive homes
Counties with Similar Populations
- Wake County, NC: less expensive homes
- Wayne County, MI: less expensive homes
- Fresno County, CA: less expensive homes
- Fulton County, GA: equally priced homes
- Bronx County, NY: equally priced homes
- Broward County, FL: less expensive homes
- San Francisco County, CA: higher priced homes
- Pinellas County, FL: less expensive homes
- Pima County, AZ: less expensive homes
- Kern County, CA: less expensive homes
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