Salt Lake City, UT Real Estate
Salt Lake City anchors one of Utah's largest metro areas with a population of about 203,888. The median home value is near $495,700, and median rent runs around $1,343/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$495,700
Median Rent
$1,343/mo
Population
203,888
Median Income
$74,925
Median Age
33
Homeownership
46.8%
Monthly payment on a median Salt Lake City home
Example for a $495,700 home: 20% down, 30-yr at ~6.75%, UT property tax ~0.47%, 0.4% insurance.
Est. monthly (PITI)
$2,931
Principal & interest
$2,572
Property tax / mo
$194
Down payment (20%)
$99,140
Salt Lake City at a glance
- 28.9% of residents 25+ hold a bachelor's degree or higher.
- 46.8% of occupied homes are owner-occupied.
- Median household income is $74,925.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
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