The Most Affordable Neighborhoods in South Cottonwood Acres, Murray, UT by Home Value

 

South Cottonwood Acres, Murray, UT Map of Most Affordable Neighborhoods
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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 $359,277, higher than the Murray average of $316,546.

The average cost of rent is $1,592/mo in South Cottonwood Acres, primarily driven by the current value of real estate in the South Cottonwood Acres area. While nearly 32.00% of residents own their homes outright in South Cottonwood Acres, 26.63% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Cottonwood Acres is $7,024 per month. Households that rent pay about 22.66% of their income on rent here. South Cottonwood Acres's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the neighborhood.


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