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 $384,000, lower than the Utah average of $525,914.

The average cost of rent is $1,049/mo in Spring City, primarily driven by the current value of real estate in the Spring City area. In Spring City, 18.31% of households rent, and 36.04% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Spring City is $6,040 per month. Households that rent pay about 17.37% of their income on rent here. Spring City’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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