The 10 Cheapest Salt Lake City, UT Neighborhoods To Live In For 2019


We used science and data to determine which neighborhoods in Salt Lake City are the cheapest of the cheap.

Editor’s Note: This is our first time ranking the cheapest neighborhoods to live in Salt Lake City.
Cheapest Neighborhoods In Salt Lake City

Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighbhorhood in Salt Lake City might be more expensive than living in rural Utah, there are certain neighborhoods that are definitely cheaper.

So what exactly are those Salt Lake City neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Salt Lake City are the cheapest.

Here are the cheapest neighborhoods in Salt Lake City for 2019:

  1. Rose Park (Homes)
  2. Fairpark (Homes)
  3. Poplar Grove (Homes)
  4. Westpointe (Homes)
  5. East Bench (Homes)
  6. Liberty Wells (Homes)
  7. Glendale (Homes)
  8. Sugar House (Homes)
  9. Yalecrest (Homes)
  10. Wasatch Hollow (Homes)

What’s the cheapest neighborhood to live in Salt Lake City for 2019? According to the most recent census data, Rose Park looks to be the cheaptest Salt Lake City neighborhood to live in.

At this point we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Salt Lake City. You could be sacrificing location or crime rates in return for more space and cheaper groceries.

Read on to see how we determined the places around Salt Lake City that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Salt Lake City.

Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.

For more Utah reading, check out:

How We Determined The Cheapest Salt Lake City Hoods In 2019

In order to rank the cheapest places to live in Salt Lake City, we had to determine what criteria defines ‘cheap’.

Using census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 19 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the ‘Cheapest City Neighborhood In Salt Lake City.’ We’re lookin’ at you, Rose Park.

Read on below to learn more about what it’s like to live in the cheapest places Salt Lake City. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.

The 10 Cheapest Neighborhoods To Live In Salt Lake City For 2019

Overall SnackAbility

6
/10

Population: 10,556
Cost Of Living Index: 90 (2nd cheapest)
Home Value To Income Ratio: 2.9 (1st cheapest)
Rent To Income Ratio: 0.011 (4th cheapest)
More on Rose Park: Homes For Sale | Data

The median income in Rose Park comes in at $51,215 and the median home value is $147,438 for 2019.

Overall SnackAbility

6
/10

Population: 7,803
Cost Of Living Index: 91 (3rd cheapest)
Home Value To Income Ratio: 3.0 (2nd cheapest)
Rent To Income Ratio: 0.017 (13th cheapest)
More on Fairpark: Homes For Sale | Data

The median income in Fairpark comes in at $43,512 and the median home value is $132,412 for 2019.

Overall SnackAbility

3
/10

Population: 14,748
Cost Of Living Index: 90 (2nd cheapest)
Home Value To Income Ratio: 3.0 (3rd cheapest)
Rent To Income Ratio: 0.021 (17th cheapest)
More on Poplar Grove: Homes For Sale | Data

The median income in Poplar Grove comes in at $39,461 and the median home value is $120,346 for 2019.

Overall SnackAbility

4
/10

Population: 8,426
Cost Of Living Index: 95 (5th cheapest)
Home Value To Income Ratio: 3.5 (4th cheapest)
Rent To Income Ratio: 0.019 (14th cheapest)
More on Westpointe: Homes For Sale | Data

The median income in Westpointe comes in at $46,258 and the median home value is $160,662 for 2019.

East Bench Salt Lake City, UT

Overall SnackAbility

9
/10

Population: 8,443
Cost Of Living Index: 129 (18th cheapest)
Home Value To Income Ratio: 4.0 (6th cheapest)
Rent To Income Ratio: 0.005 (1st cheapest)
More on East Bench: Homes For Sale | Data

East Bench in Salt Lake City, Utah is a relatively affluent and primarily residential neighborhood of Salt Lake City that lies at the base of the Wasatch Range and extends west to approximately 1500 East. Foothill is the northern part of this area, divided by Interstate 80, and takes its name from the area’s major traffic artery of Foothill Drive, which runs parallel to the base of the mountains and connects Interstate 80 with the University of Utah and downtown Salt Lake City. The East Bench is bordered on the north by the Federal Heights neighborhood and on the south by the Traverse Mountains. This neighborhood becomes increasingly affluent moving from west to east. The University of Utah sits at the north end of this neighborhood. Points of interest include the Hogle Zoo, Red Butte Garden and Arboretum, This Is The Place Heritage Park, Fort Douglas Military Museum and the Foothill Village Shopping Center. Some notable residents and former residents include numerous authorities of The Church of Jesus Christ of Latter-day Saints, LDS speaker John Bytheway, and billionaire philanthropist Jon Huntsman, Sr..

The median income in East Bench comes in at $120,545 and the median home value is $480,350 for 2019.

Liberty Wells Salt Lake City, UT

Overall SnackAbility

8
/10

Population: 8,248
Cost Of Living Index: 100 (8th cheapest)
Home Value To Income Ratio: 4.5 (10th cheapest)
Rent To Income Ratio: 0.015 (9th cheapest)
More on Liberty Wells: Homes For Sale | Data

The median income in Liberty Wells comes in at $47,682 and the median home value is $215,480 for 2019.

Overall SnackAbility

4
/10

Population: 13,566
Cost Of Living Index: 95 (5th cheapest)
Home Value To Income Ratio: 3.8 (5th cheapest)
Rent To Income Ratio: 0.023 (19th cheapest)
More on Glendale: Homes For Sale | Data

The median income in Glendale comes in at $40,190 and the median home value is $154,469 for 2019.

Sugar House Salt Lake City, UT

Overall SnackAbility

8.5
/10

Population: 31,233
Cost Of Living Index: 115 (13th cheapest)
Home Value To Income Ratio: 4.3 (8th cheapest)
Rent To Income Ratio: 0.013 (8th cheapest)
More on Sugar House: Homes For Sale | Data

Sugar House is a neighborhood in Salt Lake City, Utah, United States. It is one of the city’s oldest neighborhoods and the name is officially two words. Sugar House is the site of Westminster College.

The median income in Sugar House comes in at $76,035 and the median home value is $324,184 for 2019.

Yalecrest Salt Lake City, UT

Overall SnackAbility

9.5
/10

Population: 3,768
Cost Of Living Index: 125 (14th cheapest)
Home Value To Income Ratio: 4.5 (9th cheapest)
Rent To Income Ratio: 0.012 (6th cheapest)
More on Yalecrest: Homes For Sale | Data

The median income in Yalecrest comes in at $90,422 and the median home value is $405,460 for 2019.

Wasatch Hollow Salt Lake City, UT

Overall SnackAbility

9.5
/10

Population: 3,188
Cost Of Living Index: 129 (18th cheapest)
Home Value To Income Ratio: 4.2 (7th cheapest)
Rent To Income Ratio: 0.011 (5th cheapest)
More on Wasatch Hollow: Homes For Sale | Data

The median income in Wasatch Hollow comes in at $104,977 and the median home value is $438,643 for 2019.

Summing Up The Cheapest Places In Salt Lake City

If you’re measuring the neighborhoods in Salt Lake City where prices are low and it’s cheap to live, this is an accurate list.

As we mentioned earlier, the neighborhoods in Salt Lake City aren’t all cheap. Arcadia Heights takes the title of the most expensive neighborhood to live in Salt Lake City.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Utah reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Salt Lake City For 2019

Rank Neighborhood Cost Of Living Index
1 Rose Park 90
2 Fairpark 91
3 Poplar Grove 90
4 Westpointe 95
5 East Bench 129
6 Liberty Wells 100
7 Glendale 95
8 Sugar House 115
9 Yalecrest 125
10 Wasatch Hollow 129
11 Bonneville Hills 128
12 Central City-Liberty Welss 102
13 Greater Avenues 126
14 Capitol Hill 104
15 East Central 111
16 Downtown 104
17 Central City 100
18 People’s Freeway 95
19 Arcadia Heights 140

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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