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Salt Lake City city, UT

ZIP 84104 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 84104

Median Home Value
$318,100
Median Rent
$1,097
Affordability Snapshot
$88,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,043/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

24.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 84104 in Salt Lake City city, UT, a household would need roughly $88,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,043. That is about 43% above the local median household income ($61,326), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
60.4%-8% vs US avg
x
Vacancy Rate
5.5%-47% vs US avg
x
Broadband Access
84.8%-2% vs US avg
x
4+ Bedrooms
9.0%-39% vs US avg
x
Built Pre-1939
8.7%-32% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
27.0%-46% vs US avg
x
Mortgage-Free
31.9%-17% vs US avg
x
$318,100
Home Value
$1,097
Rent
1962
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached68.9%
  • 1-unit attached3.4%
  • 2-9 units11.8%
  • 10+ units13.9%
  • Mobile home & other2.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$318,100
Median rent$1,097
Owner-occupied60.4%
Vacant5.5%
Price-to-income5.2x
Est. income to buy$88,000