The Most Affordable Neighborhoods in Washington Terrace, UT by Home Value

 

Washington Terrace, UT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Washington Terrace area can be challenging. Home prices in Washington Terrace are now at a median cost of $221,915, lower than the Utah average of $361,191.

The average cost of rent is $1,003/mo in Washington Terrace, primarily driven by the current value of real estate in the Washington Terrace area. While nearly 35.96% of residents own their homes outright in Washington Terrace, 28.85% rent.

Housing affordability isn’t just about home prices, though. The average household income in Washington Terrace is $4,996 per month. Households that rent pay about 20.07% of their income on rent here. Washington Terrace's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.


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