The median home in Salt Lake City, Utah is valued at $557,482, up 1.9% year over year. Typical monthly rent is $1,554, producing a price-to-rent ratio of 29.9x — well above the national average of 18x. Salt Lake City is part of the Salt Lake City, UT metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$557,482

+1.9%

Rent$1,554/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Salt Lake City.

Income (annual)

Down Payment

$111,496 on $557,482

Example: $75,000 household income. Change it above to see your own.

Out of reach51.4% of income

Need $137,657/yr to afford.

PITI$3,212

P/I51.4%

Afford$304K

Gap-$254K

P&I $2,819Tax $293Ins $100

Renting $1,658/mo cheaper ($1,554 rent)6.50% 30yr, 20% down, county tax + UT ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Utah

Compare Salt Lake City with other housing markets across Utah.

Alta$1.71M Park City$1.54M West Mountain$1.25M Kamas$1.17M Alpine$1.15M Mount Olympus$1.05M Charleston$1.04M Peoa$992K

Full Salt Lake City, UT analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Salt Lake City, UT metro.

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