What is the median home price in Salt Lake City?

The median home price in Salt Lake City, UT is currently in the $525k – $595k range (data as of 2026-04). For fix-and-flip investors, distressed acquisition typically runs 65–80% of median, depending on submarket and condition.

What is a good cap rate in Salt Lake City?

Stabilized rental cap rates in Salt Lake City, UT typically fall in the 4.5% – 5.8% range as of 2026-04. Higher cap rates are common in older / B-tier submarkets, lower in A-tier neighborhoods with strong appreciation.

What are the best strategies for real estate investing in Salt Lake City?

The strategies that work best in Salt Lake City, UT are ADU, Fix & Flip, Addition. ADU + Addition plays work well; Fix & Flip is competitive. See the strategy comparison below for the full playbook.

What is the average days on market in Salt Lake City?

Days on market in Salt Lake City, UT currently runs 30 – 45 days (data as of 2026-04). Faster DOM favors Fix & Flip exits; slower DOM (60+ days) usually pushes operators toward BRRRR or rental hold.

What is the average rent in Salt Lake City?

Median rent in Salt Lake City, UT is $1,800 – $2,250 / mo as of 2026-04. The most relevant rental benchmark for BRRRR is the 1% rule (monthly rent ≥ 1% of all-in cost) — verify against submarket-specific rent comps before underwriting.

Market · UT · 2026 data

Fix and Flip in Salt Lake City, UT

ADU-permissive; tech in-migration; mountain-supply-constrained.

Salt Lake City market thesis

Salt Lake City benefited from the Bay Area + Silicon-Slopes employment migration over the past five years. Geography + LDS landownership patterns create a structural supply constraint. ADU + Addition plays work well; Fix & Flip is competitive.

Key metrics

$525k – $595k

Median home price

DealIntel · 2026-04

$1,800 – $2,250 / mo

Median rent

DealIntel · 2026-04

30 – 45 days

Days on market (median)

DealIntel · 2026-04

4.5% – 5.8%

Stabilized cap rate range

DealIntel · 2026-04

$70 – $125

Typical rehab cost / sqft

DealIntel · 2026-04

+42% to +52%

5-year appreciation

DealIntel · 2026-04

+1.3% / yr

Population growth (annual)

BLS · 2026-04

Top investor neighborhoods in Salt Lake City

9th & 9th / Sugar HousePremium flip
Marmalade / Capitol HillMid-tier flip
Rose ParkSub-$450k BRRRR entry
Cottonwood Heights (suburb)Suburban premium flip
HolladayPremium addition strategy

Best strategies for Salt Lake City

Of DealIntel's six underwritten strategies, the following rank best-fit-first for Salt Lake City, UT. Every property in the platform is scored against all six paths in parallel; these are the ones that consistently produce the highest risk-adjusted return in this market.

Tailwinds — what's working in Salt Lake City

Silicon Slopes employment cluster
Utah state ADU preemption (2021 law)
Bay Area in-migration sustained

Kill flags — common ways Salt Lake City deals fail

Earthquake zone — verify foundation + retrofit costs
Wasatch Fault sensitivity on hillside lots
Older Avenues stock with knob-and-tube

DealIntel's 25-point kill list catches these and 20+ others on every property — see the platform overview for how the kill list runs before strategy evaluation begins.

ADU and multi-unit regulation in Salt Lake City

Utah state law (HB 82, 2021) preempts city ADU bans state-wide — ADUs by-right on all SFR lots. Salt Lake City multi-unit conversion permitted in RMF-30 / RMF-35 zones.

For state-by-state ADU and middle-housing regulatory background, see the ADU strategy guide and the multi-unit conversion guide.

Underwrite a deal in this market

Run a free ARV, MAO, or BRRRR calculation on a Salt Lake City property using the calculators below. For full kill-list + six-strategy evaluation + Investment Memorandum PDF, see pricing — pay-per-deal from $149.

ARV calculatorConfidence-weighted comp method MAO (70% rule) calculatorMaximum allowable offer math BRRRR calculatorFull Buy-Rehab-Rent-Refi-Repeat model Cap rate calculatorNOI / value with asset-class ranges

Nearby markets and related guides

Written by

Matt Abadi

Founder, DealIntel

Matt Abadi is the founder of DealIntel. He leads the development of the platform's six-strategy underwriting engine, 25-point Kill List, and Monte-Carlo financial model — the institutional analysis stack DealIntel applies to every fix and flip deal. DealIntel was founded in 2025 with the central thesis that knowing when not to invest is the most valuable number on the page.

Last reviewed: 2026-04