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Homes Under $300,000 in South Salt Lake, Utah
South Salt Lake sits in one of the tightest price bands left on the Wasatch Front for anyone shopping under $300K. Most of what shows up at this price point is condos and townhomes in complexes along State Street, 700 East, and near the Central Pointe TRAX station, plus the occasional older fixer in the Central Park or Sugarmont-adjacent neighborhoods. Detached single-family homes under $300K are scarce and usually need work — smaller square footage, older mechanicals, or a lot that backs up to an arterial road. Condo HOA dues typically run $200-$400 a month and often cover water, sewer, trash, and sometimes gas, which matters when you're penciling out a monthly payment at this budget.
The draw here is location: a five-to-ten minute drive to downtown Salt Lake, direct TRAX access to the airport and the University of Utah, and proximity to the Central Wasatch canyons for skiing without a Park City price tag. Buyers priced out of Sugar House or Millcreek condos find real value in South Salt Lake's older stock, and the city's ongoing redevelopment around State Street has brought new restaurants and grocery options within walking distance of some complexes. Inventory moves fast in this range because investors and first-time buyers compete for the same units. 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
43
active + pending
8 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.