Downtown, Salt Lake County, UT

Median Home Price Price

$532,021 $532K

Median Monthly Rent Rent

$1,540 $1.5K

29.0x

Market Snapshot

Downtown, Salt Lake County, UT is a neighborhood market with a median home price of $532,021, a median monthly rent of $1,540, a GRM of 29.0x, and a price-to-rent ratio of 28.8.

More markets to explore

Explore the data
Region Show
Highbury
$466K $1.7K 23.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Sunset Heights West, Utah County, UT
$477K $1.9K 21.0x
North Park, Utah County, UT Explore deeper
$379K $1.4K 23.0x
Spring Creek, Utah County, UT
$363K $1.6K 19.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Westover Forest, Bexar County, TX
$383K $1.6K 20.0x
Mantz, Larimer County, CO Explore deeper
$591K $1.7K 30.0x
Southridge Greens, Larimer County, CO
$669K $2.0K 28.0x

Home prices

Monthly rent

GRM = home price / annual rent

Downtown

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Benchmark comparison

Compare Downtown, UT to another market.

Compare to Highbury, UT
Downtown, UT
Highbury, UT
Delta
Median rent
$1,540
N/A
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Median price
$532,021
N/A
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YoY change
+$56
N/A
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Price-to-rent
28.8x
Data unavailable
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Key takeaways

  • Downtown, Salt Lake County, UT has a higher-grm screening profile: At 29.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $56 year over year.
  • Next discovery step: compare Highbury, Salt Lake County, UT from the Same county set.