BRRRR Investing in Salt Lake City, UT

BRRRR Score: 3.4/10Ranked #43 of 52 markets

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

Last updated: May 2026

Score Breakdown

BRRRR Score:3.4
Cap Rate(30%)
5.4%3.1
Affordable Entry Price(25%)
$420,0005.1
Rent-to-Price Ratio(25%)
0.39%1.3
Population Growth(20%)
+5.0%4.5

Key Metrics for BRRRR

Median Price

$420,000

Higher entry

Cap Rate

5.4%

Moderate

Rent-to-Price

0.39%

Post-refi cash flow indicator

Pop. Growth

+5.0%

5-year trend

BRRRR 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

RankCityBRRRR ScoreCap RateMedian Price
#40Charleston, SC3.95.0%$385,000
#41Las Vegas, NV3.94.8%$380,000
#42Boise, ID3.84.5%$420,000
#43Salt Lake City, UT3.45.4%$420,000
#44Sacramento, CA3.24.7%$450,000
#45Denver, CO2.84.4%$525,000
#46Portland, OR2.54.2%$480,000

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 brrrr score for Salt Lake City, UT?

Salt Lake City, UT scores 3.4 out of 10 on our brrrr score, ranking #43 out of 52 markets we track. Weighted composite: cap rate (30%), affordable entry price (25%), rent-to-price ratio (25%), population growth (20%). Scale 0–10.

Is Salt Lake City a good city for brrrr investing?

Salt Lake City, UT ranks #43 for brrrr investing with a score of 3.4/10. While not a top-ranked market for this strategy, it may have strengths in other investing approaches.

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 brrrr markets?

Among our 52 tracked markets, Salt Lake City, UT ranks #43 for brrrr investing. Other markets may be stronger for this particular strategy, though it may excel in different approaches.

What is the typical entry price for BRRRR deals in Salt Lake City?

The median home price in Salt Lake City, UT is $420,000. Distressed BRRRR-eligible properties typically sell for 60-70% of median value, putting estimated acquisition costs around $273,000. After rehab, the goal is to refinance at or near the full $420,000 after-repair value.

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