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Salt Lake City, Utah

Homes Under $300,000 in Salt Lake City, Utah

Under $300K in Salt Lake City proper is a tight window these days, but it's not empty. The properties that clear this bar are mostly condos and townhomes in Rose Park, Glendale, Poplar Grove, and pockets of West Salt Lake, along with the occasional fixer bungalow in Fairpark or south of the airport. A studio or one-bedroom condo near Sugar House or downtown can still land here too, especially in older buildings without elevators or updated HVAC. Expect smaller square footage, usually 600 to 1,100 square feet, and be ready to compete: anything priced right and move-in ready in this range tends to go under contract within a week or two.

Buyers drawn to this price point are typically first-timers using an FHA or Utah Housing Corp down payment program, investors looking for rental cash flow near TRAX lines, or people who work downtown or at the University of Utah and want a short commute without a mountain-view price tag. HOA fees matter a lot at this level — some condo dues run $250 to $400 a month and can change your real monthly payment more than the interest rate does, so read the budget line closely before you fall in love with a unit. Older housing stock also means older roofs, furnaces, and galvanized or polybutylene plumbing in some cases, so a solid inspection is worth the money here more than almost anywhere else in the valley. Browse the active listings below to see what's currently on the market.

July 2026 · Salt Lake City market

Live from the Utah MLS — what's actually happening in Salt Lake City right now.

Full Salt Lake City market report
Median sale
$655,000
135 closed in July 2026
Median DOM
13 days
listing → contract
Sale-to-list
98.0%
of final list price
Unsold inventory
843
active + pending

94 matching · page 3 of 4

Active listings

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Common questions

About homes under $300k in Salt Lake City.

What kind of home can I actually get in Salt Lake City under $300K?

Realistically, most options at this price are condos and townhomes — one and two-bedroom units in older brick fourplexes, mid-rise buildings downtown, or townhome communities in Glendale, Rose Park, and parts of West Valley adjacent to SLC. Detached single-family homes under $300K are rare inside city limits and usually need significant work or sit on small lots in older west-side neighborhoods.

Which Salt Lake neighborhoods still have homes in this price range?

Glendale, Poplar Grove, Rose Park, and pockets of Fairpark see the most activity under $300K. Downtown and Central City have condo inventory at this price, especially in older buildings along 200 South and near the U of U. The east bench and Avenues almost never have anything under $300K anymore.

Are HOA fees a big factor at this price point?

Yes — most listings under $300K in SLC are attached housing, and HOA dues typically run $200 to $450 a month. Always check what the dues cover (water, sewer, exterior maintenance, reserves) and ask for the HOA's reserve study before writing an offer. A cheap unit with an underfunded HOA can hit you with special assessments later.

Can first-time buyers use down payment assistance here?

Yes. Utah Housing Corporation, the Salt Lake City HOME program, and Community Development Corporation of Utah all offer down payment and closing cost help for buyers under certain income limits. Many condos and townhomes under $300K qualify, but check FHA condo approval status before counting on FHA financing for a specific building.

Is it worth buying a fixer-upper in this range?

It can be, especially in Rose Park or Poplar Grove where older bungalows occasionally list in the $280K–$300K range needing cosmetic or systems work. An FHA 203(k) or Fannie Mae HomeStyle renovation loan rolls repair costs into the mortgage. Just budget honestly — older SLC homes often need electrical, sewer line, or foundation attention.

How fast do homes under $300K sell in Salt Lake City?

Entry-level inventory moves faster than the broader market because demand from first-time buyers and investors stays steady. Well-priced condos in walkable areas often go under contract within a week or two. Be pre-approved and ready to write quickly if something in good condition hits the MLS.