The Most Affordable Neighborhoods in Wasatch Hollow, Salt Lake City, UT by Home Value

 

Wasatch Hollow, Salt Lake City, UT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wasatch Hollow area can be challenging. Home prices in Wasatch Hollow are now at a median cost of $607,557, higher than the Salt Lake City average of $378,100.

The average cost of rent is $1,643/mo in Wasatch Hollow, primarily driven by the current value of real estate in the Wasatch Hollow area. While nearly 37.35% of residents own their homes outright in Wasatch Hollow, 18.28% rent.

Housing affordability isn’t just about home prices, though. The average household income in Wasatch Hollow is $10,053 per month. Households that rent pay about 16.35% of their income on rent here. Wasatch Hollow's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the neighborhood.


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