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Homes Under $300,000 in South Salt Lake, Utah
South Salt Lake sits in one of the tightest price brackets left along the Wasatch Front, but it's still one of the few Salt Lake County cities where a home under $300,000 shows up regularly on the MLS. Most of what trades in this range is condos and townhomes in complexes off State Street, 700 East, and near the Central Pointe TRAX station, plus the occasional older brick bungalow near Woodrow Wilson Elementary or Scott Avenue that needs updating. Building stock here skews mid-century, with plenty of 1950s and '60s block construction that came in smaller and more affordable to begin with, which is exactly why prices haven't kept pace with Sugar House or Millcreek next door.
The draw for this price point is location math: a five-to-ten minute drive to downtown Salt Lake, direct TRAX access, and quick freeway on-ramps to I-15 and I-80 for anyone commuting to the airport, the university, or south valley tech offices. HOA dues on the condo stock matter a lot at this price — they can eat 15-20% of a monthly payment, so it's worth checking what's included before assuming a listing "under $300K" is actually the cheaper option. Inventory turns fast because investors and first-time buyers both compete for it. Browse the active listings below to see what's currently on the market.
July 2026 · South Salt Lake market
Live from the Utah MLS — what's actually happening in South Salt Lake right now.
Median sale
$480,000
7 closed in July 2026
Median DOM
21 days
listing → contract
Sale-to-list
99.4%
of final list price
Unsold inventory
49
active + pending
11 matching · page 1 of 1
Active listings
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Common questions
About homes under $300k in South Salt Lake.
What kinds of homes are actually available under $300K in South Salt Lake? ▾
Mostly condos and townhomes from the 1970s–1990s, manufactured homes in lot-rent or owned-lot parks, and a small number of older single-family homes needing work. Newer-construction studios and one-bedrooms along State Street occasionally land in this range as well. Pure single-family detached homes in move-in condition under $300K are rare here.
Are HOA fees a big factor at this price point? ▾
Yes — most sub-$300K options are attached housing, so HOA dues typically run $150–$350 a month. Check what's covered (water, sewer, trash, exterior maintenance, roof reserves) because a low-priced unit with a thin reserve fund can mean special assessments later.
Can I use an FHA or VA loan on homes in this range? ▾
FHA and VA both work well in South Salt Lake under $300K, and both are comfortably under the 2024 FHA loan limit for Salt Lake County. The bigger hurdle is condo approval — not every complex is FHA/VA-approved, so confirm the project status before you write an offer. Manufactured homes have their own age and foundation requirements.
How's the commute and transit access from South Salt Lake? ▾
It's one of the better-connected spots in the valley. TRAX Blue Line stops at Central Pointe and Millcreek, the S-Line streetcar runs east toward Sugar House, and I-15 and I-80 are both within a few minutes. Downtown SLC is a 10-minute drive or a 15-minute train ride.
Which school district covers South Salt Lake? ▾
The majority of South Salt Lake is in Granite School District, with schools like Woodrow Wilson Elementary, Granite Park Junior High, and Cottonwood High serving different parts of the city. A small northern sliver falls into Salt Lake City School District, so verify boundaries by address.
Is South Salt Lake a good rental investment at this price? ▾
Investors do watch this segment because rents in the area support cash flow on lower-priced condos and small homes, especially near TRAX. Just confirm the HOA allows rentals — several complexes cap the number of rental units or require an owner-occupancy period before leasing.