Property Prices in Salt Lake City, UT, United States

Index
Price to Income Ratio:	5.48
Mortgage as Percentage of Income:	40.00%
Loan Affordability Index:	2.50
Price to Rent Ratio - City Centre:	21.12
Price to Rent Ratio - Outside of Centre:	13.80
Gross Rental Yield (City Centre):	4.73%
Gross Rental Yield (Outside of Centre):	7.25%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,299.26 $	1,000.00-1,550.00
Apartment (1 bedroom) Outside of Centre	1,008.95 $	850.00-1,200.00
Apartment (3 bedrooms) in City Centre	2,007.14 $	1,500.00-2,800.00
Apartment (3 bedrooms) Outside of Centre	1,547.83 $	1,250.00-2,200.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	520.76 $	386.71-1,337.99
Price per Square Feet to Buy Apartment Outside of Centre	263.44 $	251.43-282.71
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	3,851.52 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.05	3.00-4.80

These data are based on 224 entries in the past 18 months from 40 different contributors.
Last update: November 2020

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