Market Summary

Elk Ridge, Utah County, UT

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Median Home Price Price

$687,212 $687.2K

Median Monthly Rent Rent

$1,834 $1.8K

GRM

31.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Utah County

Region Price Rent GRM Display
$596,515 $1,882 26.0x
$647,722 $1,793 30.0x
$690,003 $1,853 31.0x
$723,050 $1,646 37.0x
$464,627 $1,382 28.0x

Home prices

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Monthly rent

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GRM

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Similar markets within UT outside of Utah County

Region Price Rent GRM Display
$635,326 $1,858 29.0x
$780,055 $2,198 30.0x
$507,689 $1,841 23.0x
$778,787 $1,864 35.0x
$548,969 $1,850 25.0x
$630,368 $1,659 32.0x
$653,541 $1,865 29.0x
$601,443 $1,862 27.0x
$563,383 $2,498 19.0x
$639,044 $2,312 23.0x
$528,282 $1,881 23.0x
$607,351 $1,851 27.0x
$540,778 $1,010 45.0x
$723,863 $1,877 32.0x
$614,839 $2,679 19.0x
$580,192 $1,872 26.0x
$655,361 $2,118 26.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of UT

Region Price Rent GRM Display
$423,187 $1,407 25.0x
$346,123 $1,887 15.0x
$567,692 $1,435 33.0x
$408,025 $1,343 25.0x
$468,815 $1,466 27.0x
$418,334 $1,286 27.0x
$438,932 $1,903 19.0x
$674,685 $2,394 24.0x
$665,087 $1,967 28.0x
$695,886 $1,824 32.0x
$292,825 $1,823 13.0x
$624,505 $2,086 25.0x
$461,211 $1,673 23.0x

Home prices

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Monthly rent

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GRM

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Elk Ridge

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Trend Insights

Median Rent in Elk Ridge, UT is $1,834, with MoM change +$19 and YoY change +$118 pointing to positive momentum while volatility is low (std $28).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Elk Ridge, UT.

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Metric
Base market Elk Ridge, UT
Compare market Select a market
Delta vs base
Median rent
$1,834
N/A
Median price
$687,212
N/A
YoY change
+$118
N/A
Price-to-rent
31.2x
Data unavailable
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