2026 Affordability Data
Most Affordable Neighborhoods in Salt Lake - 2026 Data
The median home value in Salt Lake is $440,000, 56% above nat'l avg. Median rent is $1,223/month. With an affordability index of 40, Salt Lake is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Salt Lake, UT area.
Key Takeaways: Affordability in Salt Lake
- 1The most affordable neighborhood in Salt Lake is Riverdale, with a median home value of $316,500.
- 2Salt Lake's median home value is $440,000, 56% above nat'l avg (national: $281,900).
- 3Salt Lake's affordability index is 40 (baseline 100), making it less affordable than the national average.
- 4Median rent in Salt Lake is $1,223/month, 5% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Salt Lake to find the most affordable areas based on home values, rent, and affordability index.
Salt Lake Affordability Overview
Median Home Value
$440,000
56% above nat'l avg
Median Rent
$1,223/mo
5% above nat'l avg
Median Income
$60,618
19% below nat'l avg
Affordability Index
40
60% below nat'l avg
Most Affordable Neighborhoods in Salt Lake (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | RiverdaleUT | $316,500 |
| 2 | Washington TerraceUT | $301,900 |
| 3 | SalemUT | $468,100 |
| 4 | West Valley CityUT | $333,600 |
| 5 | RivertonUT | $478,200 |
| 6 | South JordanUT | $559,500 |
| 7 | GrantsvilleUT | $377,000 |
| 8 | LehiUT | $500,100 |
| 9 | VineyardUT | $481,800 |
| 10 | LindonUT | $598,900 |
| 11 | TaylorsvilleUT | $358,900 |
| 12 | HerrimanUT | $486,200 |
| 13 | LoganUT | $290,800 |
| 14 | MapletonUT | $656,200 |
| 15 | DraperUT | $663,400 |
Detailed Neighborhood Profiles
Home Value: $316,500
Rent: $1,854/mo
Affordability: 125
Population: 9,313
Home Value: $301,900
Rent: $1,854/mo
Affordability: 125
Population: 9,220
Home Value: $468,100
Rent: $2,230/mo
Affordability: 109
Population: 9,467
4
Home Value: $333,600
Rent: $2,230/mo
Affordability: 109
Population: 138,868
5
Home Value: $478,200
Rent: $2,230/mo
Affordability: 109
Population: 44,864
6
Home Value: $559,500
Rent: $2,230/mo
Affordability: 109
Population: 78,118
7
Home Value: $377,000
Rent: $2,230/mo
Affordability: 109
Population: 12,939
8
Home Value: $500,100
Rent: $2,230/mo
Affordability: 109
Population: 77,110
9
Home Value: $481,800
Rent: $2,230/mo
Affordability: 109
Population: 12,663
10
Home Value: $598,900
Rent: $2,230/mo
Affordability: 109
Population: 11,478
11
Home Value: $358,900
Rent: $2,230/mo
Affordability: 109
Population: 59,729
12
Home Value: $486,200
Rent: $2,230/mo
Affordability: 109
Population: 55,301
13
Home Value: $290,800
Rent: $2,230/mo
Affordability: 109
Population: 53,246
14
Home Value: $656,200
Rent: $2,230/mo
Affordability: 109
Population: 11,756
15
Home Value: $663,400
Rent: $2,230/mo
Affordability: 109
Population: 50,635
Frequently Asked Questions About Affordability in Salt Lake
What is the most affordable neighborhood in Salt Lake, UT?▾
Based on 2026 data, Riverdale is the most affordable neighborhood in Salt Lake with a median home value of $316,500. Kurby analyzed 15 neighborhoods in the Salt Lake area to compile these rankings.
What is the median home price in Salt Lake, UT?▾
The median home price in Salt Lake is $440,000, which is 56% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Salt Lake affordable compared to the national average?▾
Salt Lake has an affordability index of 40, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Salt Lake, UT?▾
The median monthly rent in Salt Lake is $1,223. This is 5% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Salt Lake?▾
The median household income in Salt Lake is $60,618 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).