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 $448,442, higher than the Salt Lake City average of $378,100.

The average cost of rent is $1,469/mo in Sugar House, primarily driven by the current value of real estate in the Sugar House area. While nearly 32.22% of residents own their homes outright in Sugar House, 40.95% rent.

Housing affordability isn’t just about home prices, though. The average household income in Sugar House is $7,594 per month. Households that rent pay about 19.35% of their income on rent here. Sugar House's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the neighborhood.


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