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


322 Homes For Sale in SALT LAKE CITY Utah

NEW - 46 HOUR AGO
35 E REDONDO AVE, Salt Lake City UT 84115

35 E REDONDO AVE
Salt Lake City UT 84115

Fully transformed bungalow cottage with completely new EVERYTHING. This is the kind of move in ready space thats hard to find in Salt Lake City. Every detail ha...

  • 1038 Sq Ft

  • 2

  • 1

$424,900

1034 W 1700 S #113, Salt Lake City UT 84104

1034 W 1700 S #113
Salt Lake City UT 84104

Enjoy this ready to move into modern townhome which has a a view of the Wasatch Mountains from the east windows or from the fenced patio which has afternoon sha...

  • 1238 Sq Ft

  • 2

  • 3

  • 2

$429,900

45 E GUEST AVE, Salt Lake City UT 84115

45 E GUEST AVE
Salt Lake City UT 84115

Location and flexibility in the heart of South Salt Lake! Just a short walk to State Street for shopping and dining. The home features 3 bedrooms, 2 bathrooms,...

  • 1800 Sq Ft

  • 3

  • 2

$475,000

NEW - 44 HOUR AGO
1083 W FREMONT AVE, Salt Lake City UT 84104

1083 W FREMONT AVE
Salt Lake City UT 84104

One of Salt Lake most vibrant neighborhoods close to everything,Peace Garden,trail,parks,shoping,downtown.Fully remodeled main level and almost finished third b...

  • 1510 Sq Ft

  • 2

  • 1

  • 2

$423,000

115 S 1100 E #705, Salt Lake City UT 84102

115 S 1100 E #705
Salt Lake City UT 84102

Set on a sought-after penthouse level at Arlington Place, this southeast corner condo offers an open floor plan paired with expansive light and panoramic views ...

  • 1175 Sq Ft

  • 2

  • 2

  • 2

$460,000

4795 W 4955 S, Salt Lake City UT 84118

4795 W 4955 S
Salt Lake City UT 84118

Fantastic rambler with one-level living-no stairs! This spacious three-bedroom home offers comfortable, easy maintenance and great value in Salt Lake City. One...

  • 1176 Sq Ft

  • 3

  • 2

  • 2

$415,999

23.0k

5338 S BEACON HILL CIR #181, Salt Lake City UT 84123

5338 S BEACON HILL CIR #181
Salt Lake City UT 84123

Move-in ready main-level condo offering efficient, low-maintenance living in a highly convenient location. Featuring NEW carpet, updated LVP flooring, fresh pai...

  • 778 Sq Ft

  • 2

  • 1

$307,500

5 S 500 W #712, Salt Lake City UT 84101

5 S 500 W #712
Salt Lake City UT 84101

Zero Vacancy Investment opportunity! Currently occupied by long term tenant. Lease expires 10/31/2026. Enjoy modern city living in this stylish 7th-floor 1-bedr...

  • 674 Sq Ft

  • 1

  • 1

  • 1

$369,900

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

NEW - 51 HOUR AGO
1114 W 900 S, Salt Lake City UT 84104

1114 W 900 S
Salt Lake City UT 84104

*** No Showings until Open House Saturday 3/28 from 11-1*** Welcome to this charming home in the heart of Salt Lake Citys rapidly growing Glendale neighborhood....

  • 1728 Sq Ft

  • 2

  • 2

  • 2

$425,000

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

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

29 S STATE ST #106, Salt Lake City UT 84111

29 S STATE ST #106
Salt Lake City UT 84111

Unit 106 at The Belvedere is a freshly remodeled 1-bed/1-bath with the kind of finish quality you wont find at this price point downtown. Think custom cabinetry...

  • 552 Sq Ft

  • 1

  • 1

$350,000

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

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

NEW - 46 HOUR AGO
555 E 100 S #408, Salt Lake City UT 84102

555 E 100 S #408
Salt Lake City UT 84102

Only One Unit Like This. In a city full of new construction and cookie-cutter condos, the Armista stands apart - a historic building with a story worth living i...

  • 600 Sq Ft

  • 1

  • 1

$297,888

NEW - 67 HOUR AGO
1543 W 4505 S, Salt Lake City UT 84123

1543 W 4505 S
Salt Lake City UT 84123

This Taylorsville Rambler in a quiet neighborhood has so much to offer! Amazing natural stone entry leads up to a fantastic main floor with real hardwoods throu...

  • 2568 Sq Ft

  • 4

  • 3

  • 2

$499,900

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

NEW - 22 HOUR AGO
1108 E 2700 S #B13, Salt Lake City UT 84106

1108 E 2700 S #B13
Salt Lake City UT 84106

Mid-century classic condo in the heart of Sugarhouse. Fully remodeled in 2024. This one was done the right way! It feels fresh and current while staying true to...

  • 1500 Sq Ft

  • 2

  • 2

$399,990

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

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

NEW - 23 HOUR AGO
2689 S 500 E #202, Salt Lake City UT 84106

2689 S 500 E #202
Salt Lake City UT 84106

Come tour one of the most uniquely designed buildings in Salt Lake City. Architectural design by Babcock Design and constructed by Northstar Builders, The Harve...

  • 702 Sq Ft

  • 1

  • 1

$475,000

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

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

130 S 1300 E #706, Salt Lake City UT 84102

130 S 1300 E #706
Salt Lake City UT 84102

SELLER IS OFFERING $9,500 toward CLOSING COSTS when you use our preferred lender. 3-Bed 2-Bath HIGH-RISE CONDO JUST 5-MIN WALK FROM THE UNIVERSITY OF UTAH!!! ...

  • 1384 Sq Ft

  • 3

  • 2

  • 1

$400,000

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

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

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

Homes Under $500K in Salt Lake City

Looking for homes under $500k in Salt Lake City, Utah? We currently have 322 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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