The Most Affordable Neighborhoods in Sugar House, Salt Lake City, UT by Home Value

 

Sugar House, Salt Lake City, UT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sugar House area can be challenging. Home prices in Sugar House are now at a median cost of $649,650, higher than the Salt Lake City average of $544,936.

The average cost of rent is $1,724/mo in Sugar House, primarily driven by the current value of real estate in the Sugar House area. In Sugar House, 40.66% of households rent, and 31.67% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Sugar House is $9,036 per month. Households that rent pay about 19.08% of their income on rent here. Sugar House’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.

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


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