Affordable Suburbs of Salt Lake City ☀️💰| The 10 Best Places to Find Affordable Housing in Salt Lake City

Last Updated on: 26th February 2024, 09:02 am

Salt Lake City is quickly growing in popularity, and the city has seen a 7.1% population increase over the past decade. Along with the increase in population, the cost of living in the city has also risen. Although the cost of living in Salt Lake City remains lower than many other major US cities, it is still above the national average. The Cost of Living Index in SLC is 102.1, making it 2.1% more expensive than the national average. Salt Lake City home prices are on the rise, with an average home price of $522,500 (higher than the national average of $408,537), according to Redfin. The average rent in Salt Lake is $1,636 and continues to steadily rise.

If you are moving to the area on a budget, then you may be curious about the most affordable places to live near Salt Lake City. If you venture out of the city center and head to the suburbs, you will experience a lower cost of living as well as a more laid-back lifestyle. You’ll find more affordable housing in Salt Lake City in the suburbs, as the real estate market is calmer. Check out this list of the most affordable suburbs of Salt Lake City for you to consider settling down in.

South Salt Lake, UT | One of the Cheapest Places to Live Near Salt Lake City

  • Population: 26,777
  • Distance to Salt Lake City: 4.3 miles
  • Median household income: $57,125
  • Median home price: $450,000
  • Median rent: $1,531
  • Crime rate: 10,168 crimes per 100,000 people (333.4% higher than national average)

South Salt Lake is located just to the south and west of SLC and is one of the most affordable Salt Lake City suburbs. This gorgeous neighborhood covers almost 7 square miles and is located just 4 miles away from Salt Lake City. In South Salt Lake, you will find a good mix of single-family homes, condos, and apartment buildings. A few popular apartment complexes in South Salt Lake include The Zeller, Bowers Residences, and Brickstone on 33rd Apartments.

Taylorsville, UT | Beautiful Salt Lake City Neighborhood Offering Low Rent Prices

  • Population: 60,448
  • Distance to Salt Lake City: 10.1 miles
  • Median household income: $81,417
  • Median home price: $441,500
  • Median rent: $1,458
  • Crime rate: 2,699 crimes per 100,000 people (16% higher than national average)

Just 10.1 miles south of Salt Lake City sits the gorgeous suburb of Taylorsville. Taylorsville is one of the most affordable places to live near Salt Lake City for renters. The suburb has an average monthly rent of $1,458, which is below the Salt Lake City average of $1,636. Taylorsville is well-known for its beautiful outdoor attractions, such as T. John Labrum Memorial Park and Gary C. Swensen Valley Regional Park. Taylorsville is also known for its amazing food scene, and you’ll find several popular restaurants in the area, such as Siragusa’s Taste of Italy and Dee’s Family Restaurant.

West Valley City, UT | One of the Most Affordable Suburbs Of Salt Lake City With Top-Rated Schools

  • Population: 140,230
  • Distance to Salt Lake City: 10.8 miles
  • Median household income: $81,719
  • Median home price: $420,000
  • Median rent: $1,546
  • Crime rate: 3,858 crimes per 100,000 people (64.4% higher than national average)

When searching for affordable Salt Lake City suburbs, West Valley City is at the top of the list. This budget-friendly city is located just 10.8 miles southwest of Downtown Salt Lake and is home to over 140,000 people. West Valley City is a family-friendly community and is known for its top-rated schools. The city is served by the Granite School District, which offers dual language immersion as well as AP courses. West Valley City is also home to incredible private schools such as Children’s Christian School and American Preparatory Academy.

Bountiful, UT | Great Suburb for Affordable Housing in Salt Lake City

  • Population: 45,762
  • Distance to Salt Lake City: 11.6 miles
  • Median household income: $96,060
  • Median home price: $490,000
  • Median rent: $1,483
  • Crime rate: 902 crimes per 100,000 people (61.6% lower than national average)

Bountiful is located 11.6 miles north of Salt Lake City and is easily one of the most affordable Salt Lake City suburbs. The city boasts affordable housing, with home prices well below the Salt Lake City average. Not only is Bountiful one of the cheapest places to live in Salt Lake City, but it is also one of the safest Salt Lake City suburbs. This gorgeous suburb has a crime rate that is 61.6% lower than the national average. When living in Bountiful, be sure to check out attractions such as Bountiful City Park and North Canyon Park.

Midvale, UT | Affordable Place To Live in Salt Lake City Popular Among Young Professionals

  • Population: 36,028
  • Distance to Salt Lake City: 12.4 miles
  • Median household income: $70,742
  • Median home price: $445,000
  • Median rent: $1,514
  • Crime rate: 2,474 crimes per 100,000 people (4% higher than national average)

If you are searching for cheap Salt Lake City suburbs, then look no further than Midvale. Midvale is often considered the cheapest place to live in Salt Lake City, boasting below-average home and rent prices. This suburb is popular among young professionals, and the median age in Midvale is 32.7. This is lower than the median age in the SLC Metro Area. With Salt Lake City being so close, many residents living in Midvale commute to SLC to work in top companies such as Intermountain Healthcare, ARUP Laboratories, and Barrick Gold.

Kearns, UT | One of the Most Affordable Suburbs of Salt Lake City for Homeowners

  • Population: 36,723
  • Distance to Salt Lake City: 12.5 miles
  • Median household income: $79,334
  • Median home price: $400,000
  • Median rent: $1,617
  • Crime rate: 3,024 crimes per 100,000 people (30% higher than national average)

When it comes to affordable places to live in Salt Lake City, Kearns is at the top of the list. The median home price in Kearns is $400,000, which is below both the Salt Lake City average of $522,500 and the national average of $408,537. Most of the homes in Kearns are small and cozy single-family homes with spacious front and backyards. The suburb of Kearns is mostly residential, making it a wonderful option for families looking for a more relaxed lifestyle.

West Jordan, UT | One of the Fastest-Growing Suburbs in Salt Lake City

  • Population: 116,961
  • Distance to Salt Lake City: 13.8 miles
  • Median household income: $99,002
  • Median home price: $500,000
  • Median rent: $1,644
  • Crime rate: 2,772 crimes per 100,000 people (18.2% higher than national average)

West Jordan is located southwest of Salt Lake City and is known for being one of the cheapest suburbs of Salt Lake City. West Jordan has experienced rapid growth, and the city was only home to 3,000 people in the 1960s. Since then, the city has acquired a population of over 116,000 and has seen a 47% increase in population over the last 20 years. This SLC suburb is popular among retirees and is close to several golf courses, such as the Glenmoor Golf Club and Mountain View Golf Course. It is also home to CommonSpirit Holy Cross Hospital, which is one of the best hospitals in the entire city.

 

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Magna, UT | One of the Best Cheap Places to Live in Salt Lake City for Families

  • Population: 29,251
  • Distance to Salt Lake City: 14.1 miles
  • Median household income: $79,934
  • Median home price: $425,495
  • Median rent: $1,671
  • Crime rate: 2,970 crimes per 100,000 people (28% higher than national average)

Are you looking for the cheapest Salt Lake City suburbs to raise a family in? The beautiful suburb of Magna is one of the most popular places for families to reside in. Magna has an average household size of 3.4 persons, which is higher than both the Salt Lake City and the Utah average. 76.87% of the households in Magna are family households, and 31% of the population is under the age of 18. You’ll also find plenty of family-friendly attractions in this area such as Magna Regional Park and Pleasant Green Park.

Centerville, UT | Gorgeous Suburb Near the Great Salt Lake

  • Population: 16,884
  • Distance to Salt Lake City: 14.2 miles
  • Median household income: $113,697
  • Median home price: $504,000
  • Median rent: $1,550
  • Crime rate: 2,330 crimes per 100,000 people (0.7% lower than national average)

Located next to the easternmost part of The Great Salt Lake, Centerville is one of the most affordable places to live in Salt Lake City. Centerville is a wonderful place to live for nature lovers, as the city shares a southwestern border with The Great Salt Lake. Additionally, the eastern border of the suburb contains several popular trailheads, such as Parrish Canyon Trailhead, Deuel Creek South Trailhead, and Parrish Sunset Trailhead. You’ll also find several wonderful restaurants in Centerville, like Hug-Hes Cafe and Rancherito’s Mexican Food.

 

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Riverton, UT | One of the Cheapest Places to Live Near Salt Lake City With Affluent Residents

  • Population: 45,285
  • Distance to Salt Lake City: 20.5 miles
  • Median household income: $115,869
  • Median home price: $412,000
  • Median rent: $1,778
  • Crime rate: 1,355 crimes per 100,000 people (42.2% lower than national average)

When looking for affordable places to live near Salt Lake City, you can’t skip out on Riverton. You will find some of the most affordable housing in Salt Lake City in Riverton, with a median home price of $412,000, which is down 28.3% compared to last year. Many homes in this area are newly built and range from 2,000 to 4,000 square feet. Riverton is a very affluent community, and the city has a median household income of $115,689, which is much higher than the Utah average of $86,833. According to PayScale, the average salary in Riverton, UT is $75,000 per year.

Affordable Suburbs of Salt Lake City Map

Check out this map of the cheapest places to live in Salt Lake City.


Now that you know about the most affordable suburbs of Salt Lake City, it’s time to make your move. Finding affordable housing in Salt Lake City can make your moving experience smooth and stress-free. Once you have selected your dream suburb, give Wasatch Moving a call. Our experienced moving team is ready to make your moving day a great one. For a free estimate, call us today at 801-758-0030.

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