The Most Affordable Neighborhoods in South Salt Lake, UT by Home Value

 

South Salt Lake, UT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Salt Lake area can be challenging. Home prices in South Salt Lake are now at a median cost of $286,084, lower than the Utah average of $361,191.

The average cost of rent is $1,146/mo in South Salt Lake, primarily driven by the current value of real estate in the South Salt Lake area. While nearly 23.62% of residents own their homes outright in South Salt Lake, 60.78% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Salt Lake is $4,170 per month. Households that rent pay about 27.50% of their income on rent here. South Salt Lake's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.


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