The Most Affordable Neighborhoods in Spring City, UT by Home Value

 

Spring City, UT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Spring City area can be challenging. Home prices in Spring City are now at a median cost of $222,900, lower than the Utah average of $361,191.

The average cost of rent is $936/mo in Spring City, primarily driven by the current value of real estate in the Spring City area. While nearly 53.48% of residents own their homes outright in Spring City, 7.88% rent.

Housing affordability isn’t just about home prices, though. The average household income in Spring City is $5,121 per month. Households that rent pay about 18.28% of their income on rent here. Spring City's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.


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