Homes Under $500,000 in Salt Lake City, Utah

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Finding an affordable home in Salt Lake City is more attainable than many buyers realize, with numerous quality properties available under $500,000. This price range opens doors to a variety of neighborhoods throughout the valley, from charming historic areas near downtown to family-friendly communities in the foothills. Salt Lake City offers an exceptional quality of life with easy access to world-class skiing, hiking trails, and a thriving job market, making homes in this price range an excellent value for both first-time buyers and those looking to relocate to Utah.

Properties under $500K in Salt Lake City range from cozy starter homes and modern townhomes to spacious single-family residences in established neighborhoods. Many of these homes provide convenient access to the city's growing tech corridor, the University of Utah, and the revitalized downtown area with its restaurants, shops, and cultural attractions. You'll also find options near excellent schools and parks, perfect for families putting down roots in this vibrant mountain community.

Browse our current listings below to discover homes that fit your budget and lifestyle in Salt Lake City. Our experienced local agents understand the unique character of each neighborhood and can help you find the perfect property that meets your needs. Contact us today to schedule showings or learn more about specific homes that catch your eye—we're here to make your home buying journey as smooth as possible.

View Homes Under $500K in Salt Lake City, Utah


To buy in Salt Lake City, Utah call us directly at 801-410-7917


301 Homes For Sale in SALT LAKE CITY Utah

2665 E PARLEYS WAY #210, Salt Lake City UT 84109

2665 E PARLEYS WAY #210
Salt Lake City UT 84109

Amazing property in the rarely available Country Club Ridge community. This secure building has the BEST location. Just off 215 with great access to the UofU, d...

  • 1462 Sq Ft

  • 2

  • 2

  • 2

$435,000

15.0k

123 E 2ND AVE #414, Salt Lake City UT 84103

123 E 2ND AVE #414
Salt Lake City UT 84103

Where the Avenues Meet Downtown - And Everything Meets Perfection Perched on the fourth floor of one of Salt Lakes most coveted addresses, this exquisitely main...

  • 990 Sq Ft

  • 2

  • 2

  • 1

$435,000

841 S CHEYENNE ST, Salt Lake City UT 84104

841 S CHEYENNE ST
Salt Lake City UT 84104

Located in the Poplar Grove neighborhood of Salt Lake City, this modern, move-in-ready home offers stylish living just minutes from the city center with easy ac...

  • 1737 Sq Ft

  • 3

  • 3

$484,900

15.1k

1391 S 200 E #8, Salt Lake City UT 84115

1391 S 200 E #8
Salt Lake City UT 84115

Conveniently located condo just minutes from Liberty Park, Salt Lake Community College, and a short drive to downtown. This desirable corner unit is the largest...

  • 936 Sq Ft

  • 2

  • 1

$299,950

1563 W INDIANA AVE, Salt Lake City UT 84104

1563 W INDIANA AVE
Salt Lake City UT 84104

Cute, fully remodeled 2-bedroom, 1-bath home on a desirable corner lot with plenty of yard space! Renovated top to bottom with a brand-new roof, windows, plumbi...

  • 720 Sq Ft

  • 2

  • 1

$339,000

475 N REDWOOD RD #49, Salt Lake City UT 84116

475 N REDWOOD RD #49
Salt Lake City UT 84116

Back on market due to buyers financing no fault of the property. Inspection completed and priced appropriately. Ready for a smooth closing. Well-kept 3-bedroom...

  • 1543 Sq Ft

  • 3

  • 3

$329,000

6075 S 6105 W, Salt Lake City UT 84118

6075 S 6105 W
Salt Lake City UT 84118

**Offers will be reviewed 3/24, all offers need to be in by 12PM MST** Opportunity in a desirable neighborhood! This 4 bedroom, 2.5 bath tri-level offers over 1...

  • 1664 Sq Ft

  • 4

  • 3

  • 2

$389,000

3181 S ALSACE WAY #G7, Salt Lake City UT 84119

3181 S ALSACE WAY #G7
Salt Lake City UT 84119

This three bedroom, two bath condo is located in a gated community with controlled access and maintained common areas. The floor plan offers a open layout with ...

  • 1163 Sq Ft

  • 3

  • 2

$314,900

971 W 1700 S #116, Salt Lake City UT 84104

971 W 1700 S #116
Salt Lake City UT 84104

DOWNPAYMENTASSISTANCE GRANT AVAILABLE FOR THIS COMMUNITY. ASK PREFERRED LENDER FOR DETAILS. Three units available. COMPARE AND SAVE - 2-CAR GARAGE & UPGRADES IN...

  • 1401 Sq Ft

  • 2

  • 3

  • 2

$379,900

5.1k

3621 S 805 E #22, Salt Lake City UT 84106

3621 S 805 E #22
Salt Lake City UT 84106

Fabulous Updated One Level Living Condominium in a highly desirable 55 + community with $25,000 worth of upgrades, located in one of Salt Lakes finest neighborh...

  • 1288 Sq Ft

  • 2

  • 2

$359,000

1014 W 1700 S #103, Salt Lake City UT 84104

1014 W 1700 S #103
Salt Lake City UT 84104

Experience elevated living in this stunning end-unit townhome, where modern design meets ultimate functionality. Our end unit offers a light-filled, open-concep...

  • 1443 Sq Ft

  • 2

  • 3

  • 2

$439,900

5449 S COASTAL CT, Salt Lake City UT 84123

5449 S COASTAL CT
Salt Lake City UT 84123

Live in the heart of it all in this beautifully maintained 1-bedroom, 1-bath condo located in one of the areas most convenient neighborhoods. Just minutes from ...

  • 674 Sq Ft

  • 1

  • 1

  • 1

$266,000

875 S DONNER WAY #1402, Salt Lake City UT 84108

875 S DONNER WAY #1402
Salt Lake City UT 84108

Perched on the 14th floor of Canyon Crest Condominiums, this spacious two-bedroom unit offers incredible panoramic views from every angle-city skyline by day, v...

  • 1300 Sq Ft

  • 2

  • 2

  • 2

$495,000

5.0k

26 W LAYTON AVE, Salt Lake City UT 84115

26 W LAYTON AVE
Salt Lake City UT 84115

Light and bright bungalow conveniently located in one of the citys well-established neighborhoods, just minutes from shopping, dining, SLCC, rapid transit, and ...

  • 1231 Sq Ft

  • 3

  • 1

  • 1

$422,900

7.0k

4785 W 4955 S, Salt Lake City UT 84118

4785 W 4955 S
Salt Lake City UT 84118

Stunning 4-bedroom, 2-bath home fully updated with quartz countertops, new appliances, new cabinets, and an open, modern layout. Features a new roof and siding ...

  • 1440 Sq Ft

  • 4

  • 2

$450,000

2.0k

330 E 700 S #L-208, Salt Lake City UT 84111

330 E 700 S #L-208
Salt Lake City UT 84111

Unbeatable Salt Lake City location just 8 minutes from the University of Utah! This property is within walking distance to Trolley Square and Liberty Park. Loca...

  • 804 Sq Ft

  • 2

  • 2

$195,000

1590 S 900 W #1003, Salt Lake City UT 84104

1590 S 900 W #1003
Salt Lake City UT 84104

NEW Beautiful MODERN Townhome community! GREAT location only a few minutes to I-15 & downtown SLC! Only 8 minutes to the SL Airport! NIGHTLY rental approved!! U...

  • 1309 Sq Ft

  • 2

  • 3

  • 1

$387,500

86 B ST #10, Salt Lake City UT 84103

86 B ST #10
Salt Lake City UT 84103

This condo is located downtown in the heart of Salt Lake City! Enjoy the easiness of getting around Downtown with bus stops and TRAX nearby. Local grocery store...

  • 500 Sq Ft

  • 1

  • 1

$195,000

15.0k

1016 N 1300 W, Salt Lake City UT 84116

1016 N 1300 W
Salt Lake City UT 84116

Home qualifies for community reinvestment act loan. 3% down, no mortgage insurance to the buyer and no max income cap. Beautiful mid-century modern rambler loca...

  • 1320 Sq Ft

  • 3

  • 1

  • 1

$465,000

10.0k

115 S 1100 E #401, Salt Lake City UT 84102

115 S 1100 E #401
Salt Lake City UT 84102

Welcome to easy living in one of Salt Lake Citys most desirable east side locations. This condo offers the perfect blend of comfort, convenience, and lifestyle....

  • 1010 Sq Ft

  • 2

  • 2

  • 2

$425,000

9612 E 2675 S, Salt Lake City UT 84109

9612 E 2675 S
Salt Lake City UT 84109

Lamb's Canyon, located between Salt Lake City and Summit Park is named after Abel Lamb, a cooper who built the first road into the canyon in 1850. He and his so...

  • 0.30 Acres

$240,000

779 S 400 E, Salt Lake City UT 84111

779 S 400 E
Salt Lake City UT 84111

Fantastic duplex located close to downtown and the University of Utah. This side by side duplex has 3 bedrooms and 2 bathrooms and is rented year round. As a b...

  • 2314 Sq Ft

  • 3

  • 2

$499,999

15.0k

1469 W CALIFORNIA AVE, Salt Lake City UT 84104

1469 W CALIFORNIA AVE
Salt Lake City UT 84104

Great opportunity to own land in the heart of Salt Lake City! Minutes from downtown with easy freeway access. Walking distance to schools, restaurants, and shop...

  • 0.34 Acres

$380,000

5906 W JARGON WAY, Salt Lake City UT 84118

5906 W JARGON WAY
Salt Lake City UT 84118

This Amazing Home offers an inviting opportunity in a central Salt Lake City location. Nestled on a nicely sized, fully fenced lot, this property features a lar...

  • 2264 Sq Ft

  • 4

  • 2

  • 1

$450,000

1506 W GOODWIN AVE, Salt Lake City UT 84116

1506 W GOODWIN AVE
Salt Lake City UT 84116

**OPEN HOUSE: Saturday Feb 28th 11:00am-1:00pm** Charming Single Living Bungalow Fully updated. Family Room has Wall of Windows, Newer Flooring, Fresh Paint a...

  • 1286 Sq Ft

  • 4

  • 1

  • 1

$465,900

824 W HOYT PL, Salt Lake City UT 84116

824 W HOYT PL
Salt Lake City UT 84116

Great building lot in the heart of the city in Fairpark, near the upcoming Power District. https://thepowerdistrict.com/. Walk to Red Iguana, Culture Coffee, Su...

  • 0.14 Acres

$170,000

449 N BEAUMONT CT, Salt Lake City UT 84116

449 N BEAUMONT CT
Salt Lake City UT 84116

Experience modern city living at its finest in this stunning Salt Lake City townhome located at 449 N Beaumont Ct. Perfectly situated just minutes from the hear...

  • 1456 Sq Ft

  • 3

  • 3

  • 2

$489,000

327 W 200 S #206, Salt Lake City UT 84101

327 W 200 S #206
Salt Lake City UT 84101

**PRICE REDUCED**Located in the beautiful, industrial style warehouse building downtown. 1 block from the gateway and Delta Center. Wood beams, brick walls, har...

  • 1000 Sq Ft

  • 2

  • 1

$494,900

4.6k

1168 S 800 W, Salt Lake City UT 84104

1168 S 800 W
Salt Lake City UT 84104

Charming Cottage Bungalow full of potential! Multiple updates completed including double-pane windows, central air HVAC, water heater, roof, attic insulation, n...

  • 1496 Sq Ft

  • 4

  • 1

  • 1

$405,000

1601 W 400 S #63, Salt Lake City UT 84104

1601 W 400 S #63
Salt Lake City UT 84104

Discover this affordable, well-maintained 2-bedroom condo just minutes from downtown Salt Lake City. Recently refreshed with brand-new flooring throughout, new ...

  • 793 Sq Ft

  • 2

  • 1

$225,000

9.9k

9612 E 2675 S, Salt Lake City UT 84109

9612 E 2675 S
Salt Lake City UT 84109

Lamb's Canyon, located between Salt Lake City and Summit Park is named after Abel Lamb, a cooper who built the first road into the canyon in 1850. He and his so...

  • 0.25 Acres

$240,000

9607 E 2680 SO. SE, Salt Lake City UT 84109

9607 E 2680 SO. SE
Salt Lake City UT 84109

Must buy all 8 lots. Tax id's 18-19-455-003,18-19-455-002,18-19-455-007,18-19-455-006,18-19-455-009,18-19-454-013,18-19-454-014,18-19-455-008,...

  • 0.35 Acres

$240,000

NEW - 32 HOUR AGO
848 E 3950 S #C, Salt Lake City UT 84107

848 E 3950 S #C
Salt Lake City UT 84107

Square footage figures are provided as a courtesy estimate only and were obtained from County Records . Buyer is advised to obtain an independent measurement. ...

  • 809 Sq Ft

  • 1

  • 1

$280,000

475 N REDWOOD RD #31, Salt Lake City UT 84116

475 N REDWOOD RD #31
Salt Lake City UT 84116

Beautifully updated townhome with new paint and carpet, new furnace, new A/C and new water heater in 2023. This clean, well-kept community is conveniently locat...

  • 1290 Sq Ft

  • 2

  • 2

$319,000

9.0k

1112 S 1100 W, Salt Lake City UT 84104

1112 S 1100 W
Salt Lake City UT 84104

From the moment you walk in, this home feels brand new, because it practically is. New HVAC, flooring, electrical, kitchen, appliances, bathroom, an added bedro...

  • 1053 Sq Ft

  • 4

  • 1

  • 1

$460,000

238 W PARAMOUNT AVE #109, Salt Lake City UT 84115

238 W PARAMOUNT AVE #109
Salt Lake City UT 84115

LOAN DENIAL??? CALL ME! We may be able to do SELLER FINANCING! NEW IMPROVED PRICE! Call for details... SALT LAKE CITY, UTAH Charming w/ tonz of natural light ...

  • 1420 Sq Ft

  • 2

  • 3

  • 2

$400,000

10.0k

1860 W 500 N #7, Salt Lake City UT 84116

1860 W 500 N #7
Salt Lake City UT 84116

Welcome to your beautifully renovated 2-bedroom, 1-bathroom home, perfectly suited for first-time homebuyers or those looking for a great investment. Enjoy the ...

  • 814 Sq Ft

  • 2

  • 1

$250,000

5571 S DALE AMOUR DR, Salt Lake City UT 84118

5571 S DALE AMOUR DR
Salt Lake City UT 84118

Investor Special. New furnace and AC, new water heater. roof is 10 years old.

  • 1831 Sq Ft

  • 5

  • 3

  • 2

$395,000

550 S 400 E #3201, Salt Lake City UT 84111

550 S 400 E #3201
Salt Lake City UT 84111

Comfortable condominium CORNER UNIT thats truly move-in ready, offering comfort and convenience in a prime central location. Situated in Salt Lake Citys desira...

  • 897 Sq Ft

  • 2

  • 2

  • 1

$329,900

10.0k

651 E 4025 S #G, Salt Lake City UT 84107

651 E 4025 S #G
Salt Lake City UT 84107

Adorable top level condo in the highly sought after Old Farm community in Millcreek. Thoughtfully updated with granite countertops, new LVP flooring, and modern...

  • 1320 Sq Ft

  • 2

  • 2

  • 2

$409,999

5.0k

Homes Under $500K in Salt Lake City

Looking for homes under $500k in Salt Lake City, Utah? We currently have 301 listings matching your criteria. New properties are added daily, so check back often or create a custom search to get notified of new listings.

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