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Affordable
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These days, finding an affordable place to live in the Terra area can be challenging. Home prices in Terra are now at a median cost of $298,856, lower than the Utah average of $525,914.
The average cost of rent is $969/mo in Terra, primarily driven by the current value of real estate in the Terra area. In Terra, 46.40% of households rent, and 56.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Terra is $5,622 per month. Households that rent pay about 17.23% of their income on rent here. Terra’s most expensive areas are in the northeastern 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.
Nearby Cities
- Rush Valley, UT: higher priced homes
- Dugway, UT: less expensive homes
- Stockton, UT: higher priced homes
- Grantsville, UT: higher priced homes
- Erda, UT: higher priced homes
- Ophir, UT: higher priced homes
- Tooele, UT: higher priced homes
- Vernon, UT: higher priced homes
- Lincoln, UT: higher priced homes
- Stansbury Park, UT: higher priced homes
Cities with Similar Populations
- Fairacres, NM: less expensive homes
- Ferguson Crossroads, AR: less expensive homes
- Fenwick, MS: less expensive homes
- Fentress, MS: less expensive homes
- Felton, AR: less expensive homes
- Feesburg, OH: less expensive homes
- Fayette Corners, TN: less expensive homes
- Faye, KY: less expensive homes
- Farrar, TX: less expensive homes
- Fargo, TX: less expensive homes
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