Property Prices in Salt Lake City, UT, United States

Index Info
Price to Income Ratio: 3.71
Mortgage as Percentage of Income: 33.14%
Loan Affordability Index: 3.02
Price to Rent Ratio - City Centre: 10.28
Price to Rent Ratio - Outside of Centre: 9.62
Gross Rental Yield (City Centre): 9.73%
Gross Rental Yield (Outside of Centre): 10.39%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,624.17 $ 1,350.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,386.50 $ 1,150.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,811.11 $ 2,200.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,133.33 $ 1,800.00-2,850.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 332.55 $ 279.36-437.38
Price per Square Feet to Buy Apartment Outside of Centre 252.80 $ 230.00-356.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,250.64 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.49 6.05-6.80

These data are based on 147 entries from 36 contributors over the past 18 months.
Last update: 16 May 2025

Sources and References
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