Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Utah area can be challenging. Home prices in Utah are now at a median cost of $361,191, higher than the the United States average of $313,691.
The average cost of rent is $1,344/mo in Utah, primarily driven by the current value of real estate in the Utah area. While nearly 31.24% of residents own their homes outright in Utah, 25.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Utah is $7,302 per month. Households that rent pay about 18.40% of their income on rent here. Utah's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the state.
Nearby States
States with Similar Populations
- Alaska: less expensive homes
- Wyoming: less expensive homes
- Wisconsin: less expensive homes
- West Virginia: less expensive homes
- Washington: higher priced homes
- Virginia: less expensive homes
- Vermont: less expensive homes
- Texas: less expensive homes
- Tennessee: less expensive homes
- South Dakota: less expensive homes
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