Property Prices in Salt Lake City, UT, United States

Index Info
Price to Income Ratio: 3.41
Mortgage as Percentage of Income: 30.61%
Loan Affordability Index: 3.27
Price to Rent Ratio - City Centre: 10.04
Price to Rent Ratio - Outside of Centre: 9.25
Gross Rental Yield (City Centre): 9.96%
Gross Rental Yield (Outside of Centre): 10.81%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,631.32 $ 1,300.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,358.93 $ 1,150.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,716.67 $ 2,200.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,176.92 $ 1,750.00-2,850.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 320.78 $ 279.36-437.38
Price per Square Feet to Buy Apartment Outside of Centre 242.17 $ 189.00-263.01
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,439.25 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.53 6.05-6.80

These data are based on 171 entries in the past 18 months from 36 different contributors.
Last update: December 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far