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


324 Homes For Sale in SALT LAKE CITY Utah

1514 W 700 S, Salt Lake City UT 84104

1514 W 700 S
Salt Lake City UT 84104

This updated Salt Lake City cottage offers charm, flexibility, and income potential in a convenient west-side location just minutes from downtown and freeway ac...

  • 1713 Sq Ft

  • 4

  • 2

  • 1

$464,900

15.0k

650 N 300 W #205, Salt Lake City UT 84103

650 N 300 W #205
Salt Lake City UT 84103

*Huge Price Improvement!!* Experience comfort and convenience in this move-in-ready condo featuring stylish cabinets, granite countertops, a gas range, soft-clo...

  • 747 Sq Ft

  • 2

  • 1

$265,000

14.8k

1130 E 2700 S #K83, Salt Lake City UT 84106

1130 E 2700 S #K83
Salt Lake City UT 84106

One of the nations earliest cooperative communities, Graystone Condominiums sits in the middle of Sugarhouse within walking distance to shops and restaurants. T...

  • 1175 Sq Ft

  • 2

  • 1

$347,999

2.0k

1316 W CALIFORNIA AVE, Salt Lake City UT 84104

1316 W CALIFORNIA AVE
Salt Lake City UT 84104

Beautiful Salt Lake bungalow with a bright, open floor plan and large corner windows that fill the home with natural light. The spacious, private, shaded backya...

  • 773 Sq Ft

  • 2

  • 1

$315,000

1259 E SOUTH TEMPLE #4, Salt Lake City UT 84102

1259 E SOUTH TEMPLE #4
Salt Lake City UT 84102

Discover this inviting 1 bedroom, 1 bath condo located in a beautifully preserved building close to the U of U and downtown SLC. This residence features elegan...

  • 1077 Sq Ft

  • 1

  • 1

$434,000

1861 W 600 N #7, Salt Lake City UT 84116

1861 W 600 N #7
Salt Lake City UT 84116

Welcome to this beautifully remodeled 2-bedroom, 1-bath condo in the heart of Salt Lake City. Thoughtfully updated from top to bottom, this main-level home blen...

  • 776 Sq Ft

  • 2

  • 1

$200,000

15.0k

NEW - 57 HOUR AGO
5960 S TUMERICK CT, Salt Lake City UT 84118

5960 S TUMERICK CT
Salt Lake City UT 84118

Come and see this great home! Brand new Kitchen with all new cabinets, appliances, countertops and flooring! Close to commuting and shopping. Youll love enterta...

  • 1335 Sq Ft

  • 4

  • 2

  • 2

$450,000

29 S STATE ST #216, Salt Lake City UT 84111

29 S STATE ST #216
Salt Lake City UT 84111

LENDER CREDIT FOR RATE BUY-DOWN AVAILABLE WITH PREFERRED LENDER! Once part of the original penthouse suites from the Belvederes hotel era, this rare corner unit...

  • 556 Sq Ft

  • 1

  • 1

$328,000

5588 S 4170 W, Salt Lake City UT 84118

5588 S 4170 W
Salt Lake City UT 84118

Great opportunity for investors or owner occupants! Property features three kitchens, including an updated main kitchen with laminate flooring, plus a mother-in...

  • 2370 Sq Ft

  • 5

  • 4

  • 2

$459,400

3737 S 4265 W, Salt Lake City UT 84120

3737 S 4265 W
Salt Lake City UT 84120

Nestled in a quiet, well-kept neighborhood with central access, and great local amenities nearby. This charming four-bedroom, two-bath brick rambler offers true...

  • 2415 Sq Ft

  • 4

  • 2

  • 1

$459,999

15.0k

48 W 300 S #308N, Salt Lake City UT 84101

48 W 300 S #308N
Salt Lake City UT 84101

Professionally designed condo in the American Towers. This East facing condo has been completely remodeled with only the best finishes. Beautiful hardwood cab...

  • 1418 Sq Ft

  • 2

  • 2

  • 1

$449,000

36.0k

475 N REDWOOD RD #30, Salt Lake City UT 84116

475 N REDWOOD RD #30
Salt Lake City UT 84116

Freshly Remodeled & Perfectly Located. Welcome home to this pristine starter townhouse that has been lovingly cared for by its original owner. Recently updated ...

  • 1270 Sq Ft

  • 2

  • 2

$335,000

10.0k

3924 S 805 ST #B, Salt Lake City UT 84107

3924 S 805 ST #B
Salt Lake City UT 84107

Welcome to this updated, cozy and move in ready townhome, located in the heart of Millcreek. Just minutes to shopping, restaurants, cinemas and close to Millc...

  • 1080 Sq Ft

  • 2

  • 2

$309,900

10.0k

NEW - 22 HOUR AGO
2220 E MURRAY HOLLADAY RD #407, Salt Lake City UT 84117

2220 E MURRAY HOLLADAY RD #407
Salt Lake City UT 84117

Come take a look at this nicely updated condo in a well desired location! These condos do not last long! Stop by at our open house or call for a tour! See you s...

  • 600 Sq Ft

  • 1

  • 1

$250,000

971 W 1700 S #115, Salt Lake City UT 84104

971 W 1700 S #115
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

NEW - 57 HOUR AGO
4217 WESTLAKE AVE, Salt Lake City UT 84120

4217 WESTLAKE AVE
Salt Lake City UT 84120

Welcome home to 4217 Westlake Ave - a bright and inviting West Valley City property with excellent everyday flow and upside potential. The sunny kitchen feature...

  • 1998 Sq Ft

  • 4

  • 2

  • 2

$450,000

1514 S 500 E, Salt Lake City UT 84105

1514 S 500 E
Salt Lake City UT 84105

Classic Charm with Modern Hustle. Forget the commute and find your flow. Walk to the park, bike to the bistro, or work from your private garden office-this is ...

  • 1310 Sq Ft

  • 2

  • 1

$480,000

4660 S QUAIL PARK DR #H, Salt Lake City UT 84117

4660 S QUAIL PARK DR #H
Salt Lake City UT 84117

Located in one of the most coveted spots in Millcreek, this affordable, one bedroom Quailbrook East condominium is a must see! The unit is situated on the grou...

  • 680 Sq Ft

  • 1

  • 1

$215,000

4.9k

1280 N FORBES PKWY #C, Salt Lake City UT 84116

1280 N FORBES PKWY #C
Salt Lake City UT 84116

Updated and move-in ready! This sunny, bright townhome features a kitchen with sleek cabinets and beautiful quartz countertops. Enjoy low-maintenance living wi...

  • 1008 Sq Ft

  • 2

  • 2

$280,000

5.0k

422 S POST ST, Salt Lake City UT 84104

422 S POST ST
Salt Lake City UT 84104

This thoughtfully cared for home combines timeless charm with thoughtful updates for easy living, just minutes from downtown SLC. Enjoy relaxing mornings watchi...

  • 1629 Sq Ft

  • 3

  • 2

  • 2

$494,999

777 E SOUTH TEMPLE #4I, Salt Lake City UT 84102

777 E SOUTH TEMPLE #4I
Salt Lake City UT 84102

Urban living at its best in downtown Salt Lake, where its walkability and convenience to the redefine city life and U of U. This charming, updated, modern condo...

  • 1112 Sq Ft

  • 2

  • 2

  • 1

$320,000

15.0k

217 FOSS ST #D201, Salt Lake City UT 84104

217 FOSS ST #D201
Salt Lake City UT 84104

Darling condo near downtown, with easy access to entertainment, shopping, and a variety of many restaurants. It features two bedrooms and one bathroom within an...

  • 618 Sq Ft

  • 2

  • 1

$237,000

5.0k

1044 E 400 S #407A, Salt Lake City UT 84102

1044 E 400 S #407A
Salt Lake City UT 84102

Highly desirable area. Complete Remodel 2 yrs ago. 3 blocks to the U of U, 3 blocks to downtown Salt Lake. From the secured building entrance, take elevator ...

  • 800 Sq Ft

  • 1

  • 1

$334,777

3.7k

1146 S REDWOOD RD #A101, Salt Lake City UT 84104

1146 S REDWOOD RD #A101
Salt Lake City UT 84104

Meticulously maintained and built in 2024, this stunning two-bedroom end-unit townhome offers abundant natural light, enhanced privacy, and a thoughtfully curat...

  • 1243 Sq Ft

  • 2

  • 3

  • 2

$385,000

NEW - 6 HOUR AGO
1050 S 500 W, Salt Lake City UT 84101

1050 S 500 W
Salt Lake City UT 84101





  • 0.33 Acres

$2,600

1195 S 800 W, Salt Lake City UT 84104

1195 S 800 W
Salt Lake City UT 84104

This Duplex is located close to downtown salt lake city. This property offer two units both are currently rented out at $1200 each . If you are looking to inves...

  • 1846 Sq Ft

  • 4

  • 2

$460,000

20.0k

505 N BRIGHT CT, Salt Lake City UT 84116

505 N BRIGHT CT
Salt Lake City UT 84116

Previous renters left this place in bad shape... this is a little bit of a project for someone to build some sweat equity or for an investor to put back in bett...

  • 1395 Sq Ft

  • 4

  • 4

$329,000

6.0k

3343 S GEORGETOWN SQ, Salt Lake City UT 84109

3343 S GEORGETOWN SQ
Salt Lake City UT 84109

Charming 2-bedroom, 1-bath townhouse-style condo offering comfort and convenience! This well-maintained home features a bright living area, open patio, and a sm...

  • 1060 Sq Ft

  • 2

  • 2

$300,000

1601 W WARNOCK AVE, Salt Lake City UT 84119

1601 W WARNOCK AVE
Salt Lake City UT 84119

Great opportunity to own a residential lot in West Valley City! This property includes two existing structures-a 37'x15' shed used for storage and a 22'x15' she...

  • 0.23 Acres

$209,900

475 N REDWOOD #63, Salt Lake City UT 84116

475 N REDWOOD #63
Salt Lake City UT 84116

Discover urban living at its finest in this stunning 3-level townhome, perfectly situated in a desirable Salt Lake City neighborhood. This contemporary residenc...

  • 1555 Sq Ft

  • 3

  • 3

$350,000

238 W PARAMOUNT AVE #102, Salt Lake City UT 84115

238 W PARAMOUNT AVE #102
Salt Lake City UT 84115

** FURNISHINGS INCLUDED!!!Modern, MOVE-IN READY townhome just 3 years new featuring DUAL MASTER SUITES and 9-FOOT CEILINGS throughout. The kitchen offers SOFT-C...

  • 1420 Sq Ft

  • 2

  • 3

  • 2

$406,500

10.0k

380 W 200 S #405, Salt Lake City UT 84101

380 W 200 S #405
Salt Lake City UT 84101

Priced to sell! Ready to stop renting and own a place of your own?! You have found a rare opportunity to OWN an amazing, updated unit in the sought-after Dakota...

  • 559 Sq Ft

  • 1

  • 1

$319,913

10.0k

NEW - 31 HOUR AGO
1032 E 400 S #608B, Salt Lake City UT 84102

1032 E 400 S #608B
Salt Lake City UT 84102

Located in the highly desirable Incline Terrace community, this property offers unbeatable convenience just 3 blocks from the University of Utah, multiple TRAX ...

  • 1050 Sq Ft

  • 1

  • 1

$399,000

752 S 400 E #310, Salt Lake City UT 84111

752 S 400 E #310
Salt Lake City UT 84111

You will love this condo; private gated community with 24-hr security. Awesome clubhouse with a gym, large space for gatherings and playground with soccer fiel...

  • 615 Sq Ft

  • 1

  • 1

$155,000

1146 S REDWOOD RD #H802, Salt Lake City UT 84104

1146 S REDWOOD RD #H802
Salt Lake City UT 84104

PRICE REDUCED | MOVE-IN READY 2024 TOWNHOME | FHA APPROVED Modern townhome in Salt Lake City offering unbeatable value, low-maintenance living, and investment p...

  • 1170 Sq Ft

  • 2

  • 3

  • 2

$365,000

10.0k

2710 S HIGHLAND DR #11, Salt Lake City UT 84106

2710 S HIGHLAND DR #11
Salt Lake City UT 84106

An upper unit in Greystone Pines that was extensively remodeled in the past 9 months for a family member that has decided that Utah Winters are not for them and...

  • 1549 Sq Ft

  • 2

  • 2

  • 2

$450,000

850 S DONNER WAY #300, Salt Lake City UT 84108

850 S DONNER WAY #300
Salt Lake City UT 84108

Lowest-priced condo on Salt Lakes coveted East Bench! Updated 1-bed, 1-bath tucked into a quiet cul-de-sac at the mouth of Emigration Canyon-often above valley ...

  • 680 Sq Ft

  • 1

  • 1

$289,500

5.0k

5762 S TROWBRIDGE WAY, Salt Lake City UT 84118

5762 S TROWBRIDGE WAY
Salt Lake City UT 84118

Well-maintained home featuring a new roof and numerous updates throughout. The interior offers tile flooring, carpet, and beautiful light fixtures, along with a...

  • 2030 Sq Ft

  • 4

  • 3

  • 2

$499,999

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

$319,900

10.0k

709 W 400 N, Salt Lake City UT 84116

709 W 400 N
Salt Lake City UT 84116

Welcome home to this charming all-brick residence in the heart of the vibrant Fairpark neighborhood of Salt Lake City. A delightful front porch and fully-fenced...

  • 1060 Sq Ft

  • 3

  • 1

$315,000

20.0k

Homes Under $500K in Salt Lake City

Looking for homes under $500k in Salt Lake City, Utah? We currently have 324 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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