Property Prices in Salt Lake City, UT, United States

Index Info
Price to Income Ratio: 4.19
Mortgage as Percentage of Income: 36.74%
Loan Affordability Index: 2.72
Price to Rent Ratio - City Centre: 11.61
Price to Rent Ratio - Outside of Centre: 10.14
Gross Rental Yield (City Centre): 8.61%
Gross Rental Yield (Outside of Centre): 9.87%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,606.15 $ 1,350.00-1,900.00
1 Bedroom Apartment Outside of City Centre 1,395.77 $ 1,200.00-1,600.00
3 Bedroom Apartment in City Centre 2,890.00 $ 2,500.00-4,000.00
3 Bedroom Apartment Outside of City Centre 2,174.00 $ 2,000.00-2,750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 377.98 $ 284.93-415.27
Price per Square Feet to Buy Apartment Outside of Centre 269.40 $ 259.01-273.13
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,158.75 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.25 6.00-6.80

These data are based on 155 entries from 30 contributors over the past 18 months.
Last update: 3 February 2026

Sources and References
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