Appreciation Investing in Salt Lake City, UT

Appreciation Score: 5.8/10Ranked #11 of 52 markets

Data-driven appreciation analysis for Salt Lake City, UT — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

Appreciation Score:5.8
Population Growth(40%)
+5.0%4.5
Median Household Income(25%)
$94,6587.2
Low Vacancy(20%)
5.4%8.3
Metro Size (Demand)(15%)
1,184,6893.7

Key Metrics for Appreciation

Pop. Growth

+5.0%

Strong

Median Income

$94,658

Household income

Vacancy Rate

5.4%

Very tight supply

Population

1.2M

Metro demand indicator

Appreciation Investment Thesis

Salt Lake City has a young, growing population with a tech corridor driving job growth. Tight vacancy and low property taxes offset the higher purchase prices. Best for long-term appreciation investors.

How Salt Lake City Compares

RankCityAppreciation ScoreCap RateMedian Price
#8San Diego, CA6.33.5%$820,000
#9Sacramento, CA6.24.7%$450,000
#10Dallas, TX6.05.7%$340,000
#11Salt Lake City, UT5.85.4%$420,000
#12Las Vegas, NV5.74.8%$380,000
#13Atlanta, GA5.65.9%$320,000
#14Tampa, FL5.65.5%$350,000

Showing markets ranked near Salt Lake City for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($1,650/mo)$19,800
Less: Vacancy (5.4%)-$1,069
Less: Property Tax (0.58%)-$2,436
Less: Insurance (~0.5%)-$2,100
Less: Maintenance (~1.5%)-$6,300
Estimated NOI$7,895
Implied Cap Rate1.9%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the appreciation score for Salt Lake City, UT?

Salt Lake City, UT scores 5.8 out of 10 on our appreciation score, ranking #11 out of 52 markets we track. Weighted composite: population growth (40%), median household income (25%), low vacancy (20%), metro size/demand (15%). Scale 0–10.

Is Salt Lake City a good city for appreciation investing?

Salt Lake City, UT ranks #11 for appreciation investing — a solid mid-tier market with a score of 5.8/10. The median home price is $420,000 with a 5.4% average cap rate.

What is the average cap rate in Salt Lake City?

The average cap rate in Salt Lake City, UT is 5.4%. The median home price is $420,000 with a median monthly rent of $1,650, resulting in a rent-to-price ratio of 0.39%.

What are the property taxes in Salt Lake City?

The effective property tax rate in Salt Lake City, UT is 0.58%. On a $420,000 property, that translates to approximately $2,436 per year in property taxes.

How does Salt Lake City compare to other appreciation markets?

Among our 52 tracked markets, Salt Lake City, UT ranks #11 for appreciation investing. It performs above average for this strategy.

What is driving population growth in Salt Lake City?

Salt Lake City, UT has a 5-year population growth rate of +5.0% and a median household income of $94,658. Moderate population growth combined with economic diversification supports steady long-term appreciation potential.

Run Your Own Numbers for Salt Lake City

Use our free calculators pre-filled with Salt Lake City, UT market data, or adjust the numbers for your specific deal.