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Homes Under $500,000 in South Salt Lake, Utah
South Salt Lake is one of the few Salt Lake County cities where a budget under $500K still buys a detached house, not just a condo. The city sits right between State Street and I-15/I-80, about 10 minutes from downtown Salt Lake and roughly 15 minutes from the airport. That central location is the main draw. Older bungalows and cottages in the neighborhoods around Millcreek Common, Central Pointe and the streets east of State Street often land in the high $300s to mid $400s. Townhomes and newer condos near the S-Line streetcar and the Central Pointe TRAX station usually start in the $250Ks to $350Ks.
Expect smaller lots, mid-century construction, and a mix of renovated flips and homes that still need work. Check roof age, electrical updates, and whether a sewer line has been replaced. Many buyers here commute to downtown, the University of Utah, or the medical corridor, and they value being able to take TRAX or the S-Line instead of driving. Schools are part of the Granite School District, and boundaries change from street to street. Buyers should also check zoning, since South Salt Lake has a lot of mixed-use and redevelopment activity. Homes under $500K move quickly when they are priced right and in good condition. Browse the active listings below to see what is on the market today.
September 2026 · South Salt Lake market
Live from the Utah MLS — what's actually happening in South Salt Lake right now.
Median sale
—
3 closed in September 2026
Median DOM
107 days
listing → contract
Sale-to-list
—
of final list price
Unsold inventory
45
active + pending
37 matching · page 1 of 2
Active listings
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Common questions
About homes under $500k in South Salt Lake.
What kind of home does $500K actually buy in South Salt Lake? ▾
Most listings under $500K here are 2-4 bedroom post-war ramblers and bungalows between roughly 1,100 and 1,800 square feet, often on the original mid-century lots near State Street, 3300 South, and the Granite neighborhood. You'll also see townhomes and the occasional small duplex in this range. Updated kitchens and finished basements show up more often above $425K.
Is South Salt Lake a separate city from Salt Lake City? ▾
Yes. South Salt Lake is its own incorporated city of about 26,000 people, bordered roughly by I-80 to the north, 3900 South to the south, and tucked between Millcreek and West Valley. It has its own mayor, police department, and zoning, which is why property taxes and permitting can differ from SLC proper.
How's the commute to downtown Salt Lake and the airport? ▾
Downtown SLC is about 10-15 minutes north on I-15 or State Street, and SLC International is roughly 15-20 minutes via I-80. The TRAX Blue Line runs through South Salt Lake with stops at Central Pointe, Millcreek, and Meadowbrook, which is a real selling point for buyers who want to skip the car commute.
Are there HOA-free options under $500K? ▾
Yes — most of the older single-family stock on streets like Lincoln, Washington, and Main has no HOA. HOAs mostly show up on the newer townhome developments near the S-Line streetcar and around the Granite district redevelopment. If avoiding monthly dues matters, focus on homes built before 1980.
What should I know about older homes in this price range? ▾
A lot of the inventory was built between 1940 and 1965, so expect to ask about the sewer line, electrical panel (some still have fuses or 100-amp service), and whether the original boiler or furnace has been replaced. Many homes sit on clay soil, so check the foundation and any basement moisture history during inspection.
Is South Salt Lake a good rental market if I want to house-hack? ▾
It's one of the stronger rental submarkets along the Wasatch Front because of TRAX access, proximity to downtown jobs, and the SLCC South City Campus. Small multi-family and homes with basement apartments under $500K do exist but move quickly — having financing lined up before you tour helps.