Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the South Cottonwood Acres area can be challenging. Home prices in South Cottonwood Acres are now at a median cost of $590,843, higher than the Murray average of $501,390.
The average cost of rent is $1,847/mo in South Cottonwood Acres, primarily driven by the current value of real estate in the South Cottonwood Acres area. In South Cottonwood Acres, 22.90% of households rent, and 31.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Cottonwood Acres is $8,603 per month. Households that rent pay about 21.47% of their income on rent here. South Cottonwood Acres’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
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- Sugar House, Salt Lake City, UT: higher priced homes
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- Liberty Wells, Salt Lake City, UT: less expensive homes
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- People's Freeway, Salt Lake City, UT: less expensive homes
- Yalecrest, Salt Lake City, UT: higher priced homes
- Central City Liberty Wells, Salt Lake City, UT: less expensive homes
Neighborhoods with Similar Populations
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- Briarfield, Newport News, VA: less expensive homes
- Breezy Point, Queens, NY: higher priced homes
- Bennett, Fargo, ND: less expensive homes
- Belltown, Stamford, CT: equally priced homes
- Bayou Oaks, Sarasota, FL: less expensive homes
- Avondale, Sacramento, CA: less expensive homes
- Arlington Heights, Riverside, CA: equally priced homes
- Arctic, West Warwick, RI: less expensive homes
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