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

4473 W 5175 S, Salt Lake City UT 84118

4473 W 5175 S
Salt Lake City UT 84118

Hge price improvement! best priced AND newest built duplex in the area! Exceptional investment opportunity! This well-maintained duplex has long-term tenants ...

  • 1856 Sq Ft

  • 4

  • 2

$479,900

100

1146 S REDWOOD UNIT F604 RD #604, Salt Lake City UT 84104

1146 S REDWOOD UNIT F604 RD #604
Salt Lake City UT 84104

Nestled in the sought-after Dawson Place community, this stunning townhome perfectly balances sleek design with an outdoor lovers dream location. Step inside to...

  • 1229 Sq Ft

  • 2

  • 3

  • 2

$379,900

10.1k

1411 W 400 S #3A, Salt Lake City UT 84104

1411 W 400 S #3A
Salt Lake City UT 84104

This adorable condo is conveniently situated just minutes from downtown Salt Lake City and major freeway access. Enjoy peaceful top floor living-no footsteps ov...

  • 858 Sq Ft

  • 2

  • 1

$222,900

2.1k

971 W 1700 S #114, Salt Lake City UT 84104

971 W 1700 S #114
Salt Lake City UT 84104

DOWNPAYMENT ASSISTANCE GRANT AVAILABLE FOR THIS COMMUNITY. ASK PREFERRED LENDER FOR DETAILS. Three units available. COMPARE AND SAVE - 2-CAR GARAGE & UPGRADES I...

  • 1401 Sq Ft

  • 2

  • 3

  • 2

$379,900

1205 W 900 N, Salt Lake City UT 84116

1205 W 900 N
Salt Lake City UT 84116

Nestled on a spacious corner lot in the heart of Rose Park, this stunning four bedroom home has been fully remodeled with premium designer finishes. Kitchen inc...

  • 1450 Sq Ft

  • 4

  • 2

  • 2

$485,000

268 E KELSEY AVE, Salt Lake City UT 84111

268 E KELSEY AVE
Salt Lake City UT 84111

Welcome to opportunity in one of the areas most desirable locations. This charming bungalow is perfectly positioned on a generously sized lot with an expansive ...

  • 840 Sq Ft

  • 2

  • 1

$450,000

333 E 4500 S #9, Salt Lake City UT 84107

333 E 4500 S #9
Salt Lake City UT 84107

Cute 2-bedroom condo in a great prime central location!!! This desirable condo features a warm and inviting family room, spacious dining area, kitchen with all...

  • 942 Sq Ft

  • 2

  • 1

  • 1

$280,000

1333 W LEADVILLE AVE, Salt Lake City UT 84116

1333 W LEADVILLE AVE
Salt Lake City UT 84116

**Open house Jan 31st from 11-1**Welcome to this classic Rose Park gem, perfectly located just minutes from downtown Salt Lake City yet tucked away on peaceful,...

  • 1825 Sq Ft

  • 3

  • 2

  • 1

$470,999

5.0k

1922 S 1200 E #15, Salt Lake City UT 84105

1922 S 1200 E #15
Salt Lake City UT 84105

Welcome to easy city living at the Ramona Condos! This charming 1 bed / 1 bath condo has been thoughtfully updated to blend style, comfort, and convenience in a...

  • 640 Sq Ft

  • 1

  • 1

$275,000

4481 W 4925 S, Salt Lake City UT 84118

4481 W 4925 S
Salt Lake City UT 84118

Looking for a peaceful neighborhood setting, easy access to everything in the Salt Lake Valley, and a backyard perfect for entertaining and gardening? Located i...

  • 1176 Sq Ft

  • 3

  • 2

  • 1

$385,000

352 E GARFIELD AVE, Salt Lake City UT 84115

352 E GARFIELD AVE
Salt Lake City UT 84115

PRICE DROP PLUS UP TO $10,000 TOWARDS BUYERS CONCESSIONS. This home is tucked into a quiet neighborhood in the heart of Salt Lake City. This home is full of sma...

  • 1616 Sq Ft

  • 1

  • 1

$444,990

5.0k

241 N VINE ST ST #403W, Salt Lake City UT 84103

241 N VINE ST ST #403W
Salt Lake City UT 84103

Spacious high-rise condo with a panorama view from the prettiest Wasatch Mountains to the Utah State Capitol and the sunsets on the west of the Great Salt Lak...

  • 1385 Sq Ft

  • 2

  • 2

  • 1

$475,000

44 W BROADWAY #1702S, Salt Lake City UT 84101

44 W BROADWAY #1702S
Salt Lake City UT 84101

Stunning downtown living! Completely renovated 1-bed, 1.5-bath condo on the 17th floor of American Towers. Chic kitchen with Quartzite countertops and backsplas...

  • 1337 Sq Ft

  • 1

  • 2

  • 1

$439,000

35.0k

3075 E KENNEDY DR #510, Salt Lake City UT 84108

3075 E KENNEDY DR #510
Salt Lake City UT 84108

Experience the ultimate East Bench lifestyle in this sun-drenched, top-floor sanctuary where the city meets the mountains. Imagine waking up to panoramic valley...

  • 1180 Sq Ft

  • 1

  • 2

  • 1

$435,000

NEW - 32 HOUR AGO
725 S 200 W #T-105, Salt Lake City UT 84101

725 S 200 W #T-105
Salt Lake City UT 84101

Urban living meets effortless comfort in this ideally located Salt Lake City condo just minutes from downtown, dining, shopping, and transit. This ground-level ...

  • 1058 Sq Ft

  • 2

  • 2

$315,000

1305 W MEAD AVE, Salt Lake City UT 84104

1305 W MEAD AVE
Salt Lake City UT 84104

Beautiful remodel! Large garage, lots of parking and space. Call your agent to set up a private showing! This home is move-in ready and skillfully crafted to b...

  • 1150 Sq Ft

  • 3

  • 2

  • 2

$410,000

14.9k

NEW - 33 HOUR AGO
1170 S FOOTHILL DR #331, Salt Lake City UT 84108

1170 S FOOTHILL DR #331
Salt Lake City UT 84108

Completely remodeled and move-in ready in an unbeatable location! This stunning Foothill Gardens condo has been updated from top to bottom, featuring a brand-ne...

  • 1260 Sq Ft

  • 3

  • 2

$459,900

31 M ST #109, Salt Lake City UT 84103

31 M ST #109
Salt Lake City UT 84103

Enjoy Avenues living in this quiet garden-level condo. It is just minutes from the University of Utah and downtown Salt Lake City, with public transportation st...

  • 938 Sq Ft

  • 2

  • 1

$295,000

NEW - 7 HOUR AGO
1932 W SIR JAMES DR, Salt Lake City UT 84116

1932 W SIR JAMES DR
Salt Lake City UT 84116

Newly updated 4 bedroom 2 bath home. New kitchen, custom granite countertops, stainless steel appliances, new luxury plank flooring and carpet. Huge deck and ...

  • 1708 Sq Ft

  • 4

  • 2

  • 2

$474,900

241 N VINE ST #404E, Salt Lake City UT 84103

241 N VINE ST #404E
Salt Lake City UT 84103

SOUTH FACING with an impressive PRICE adjustment. Cityscape Views Remodeled in 2025! Wake up to spectacular sunrises and unwind with twinkling city lights fr...

  • 1075 Sq Ft

  • 1

  • 2

  • 1

$439,000

21.0k

2150 S MAIN ST #309, Salt Lake City UT 84115

2150 S MAIN ST #309
Salt Lake City UT 84115

With an acceptable offer, seller will contribute approximately $7,000 toward buyer concessions, which may be applied to a 2-1 rate buydown or closing costs, at ...

  • 920 Sq Ft

  • 2

  • 2

$325,000

4682 W TALAVERA WAY, Salt Lake City UT 84118

4682 W TALAVERA WAY
Salt Lake City UT 84118

Dont like that Boxed in feeling of townhomes? This Premier lot stands out from the rest, as it walks out to an expansive grassy park, great for dogs and kids! I...

  • 2308 Sq Ft

  • 3

  • 3

  • 2

$429,900

101 S 600 E #1, Salt Lake City UT 84102

101 S 600 E #1
Salt Lake City UT 84102

Seller offering $5,000 in concessions AND a 1/0 rate buydown with preferred lender - 5.151% first-year rate available. One of the only units with its own laundr...

  • 635 Sq Ft

  • 2

  • 1

$299,900

10.0k

1164 W GIRARD AVE, Salt Lake City UT 84116

1164 W GIRARD AVE
Salt Lake City UT 84116

Charming 4-bedroom, 2-bath home located 1164 Girard Ave featuring a practical floor plan and plenty of potential. Centrally located with easy access to shopping...

  • 1500 Sq Ft

  • 4

  • 2

  • 1

$430,000

5356 W FARAH CIR, Salt Lake City UT 84118

5356 W FARAH CIR
Salt Lake City UT 84118

*CHARMING HOME IDEALLY POSITIONED AT THE HEAD OF A QUIET CUL DE SAC, OFFERING BOTH PRIVACY AND CURB APPEAL* THIS CUTE AND INVITING PROPERTY FEATURES BRAND NEW W...

  • 1864 Sq Ft

  • 4

  • 2

$425,000

241 N VINE ST #705W, Salt Lake City UT 84103

241 N VINE ST #705W
Salt Lake City UT 84103

Move-in ready condo with all kitchen appliances, new energy-efficient custom windows, and plantation shutters. Enjoy stunning north-facing city views and beauti...

  • 1075 Sq Ft

  • 1

  • 2

  • 1

$360,000

935 W 200 N, Salt Lake City UT 84116

935 W 200 N
Salt Lake City UT 84116

Step into this truly move-in-ready home featuring clean, high-end finishes throughout-no work required! This rare find offers a versatile layout with two bedroo...

  • 1476 Sq Ft

  • 4

  • 3

$465,000

10.0k

719 W KIRKBRIDE AVE, Salt Lake City UT 84119

719 W KIRKBRIDE AVE
Salt Lake City UT 84119

Beautifully maintained townhome in a prime, central valley location with quick access to multiple freeway entrances, TRAX, and the Jordan River Parkway. Shoppin...

  • 2098 Sq Ft

  • 3

  • 3

  • 2

$475,000

939 S DONNER WAY #307, Salt Lake City UT 84108

939 S DONNER WAY #307
Salt Lake City UT 84108

Tastefully remodeled, unique loft-style condo on Donner Way. Located at the mouth of Emigration Canyon, in the Oakwood Gardens Condo project, this open and spac...

  • 1016 Sq Ft

  • 2

  • 2

  • 1

$459,900

965 N DOROTHEA WAY, Salt Lake City UT 84116

965 N DOROTHEA WAY
Salt Lake City UT 84116

MULTIPLE OFFERS RECEIVED. OFFERS DUE BY 6p 2/28 Investor Special in Prime Salt Lake Location Opportunity knocks in the heart of Salt Lake City! Located at 965 ...

  • 1788 Sq Ft

  • 3

  • 2

  • 2

$349,999

5 S 500 W #801, Salt Lake City UT 84101

5 S 500 W #801
Salt Lake City UT 84101

Welcome to SLC urban living convenience and luxury! This condo is located in the highly coveted Parc @ Gateway and is a rare corner unit listing. The home featu...

  • 1163 Sq Ft

  • 2

  • 2

  • 2

$489,500

4.5k

1601 W 400 S #63, Salt Lake City UT 84104

1601 W 400 S #63
Salt Lake City UT 84104

Discover this affordable, well-maintained 2-bedroom condo just minutes from downtown Salt Lake City. Recently refreshed with brand-new flooring throughout, new ...

  • 793 Sq Ft

  • 2

  • 1

$219,990

5.0k

241 N VINE ST #1207W, Salt Lake City UT 84103

241 N VINE ST #1207W
Salt Lake City UT 84103

Rarely available 12th floor corner one bedroom unit! This family owned, and loved, condo perches high on the 12th floor and has wall to wall south facing wind...

  • 1073 Sq Ft

  • 1

  • 2

  • 1

$439,900

1590 S 900 W #703, Salt Lake City UT 84104

1590 S 900 W #703
Salt Lake City UT 84104

Modern townhome in a prime Salt Lake location-just minutes to I-15, downtown, and only 8 minutes to the Salt Lake International Airport. Nightly rentals are all...

  • 1309 Sq Ft

  • 2

  • 3

  • 1

$388,400

3514 S 300 E #K, Salt Lake City UT 84115

3514 S 300 E #K
Salt Lake City UT 84115

Welcome to Unit K! This charming condo is the ideal blend of done for you and do it your way. The heart of the home-the kitchen-has been beautifully remodeled, ...

  • 720 Sq Ft

  • 1

  • 1

$199,900

20.1k

3606 S 2045 W, Salt Lake City UT 84119

3606 S 2045 W
Salt Lake City UT 84119

Updated townhome with brand new furnace and A/C. Beautifully upgraded kitchen, appliances, flooring, on demand water heater and newer roof. The back patio is fe...

  • 1374 Sq Ft

  • 3

  • 2

  • 2

$399,999

5615 S HONEYSUCKLE WAY, Salt Lake City UT 84118

5615 S HONEYSUCKLE WAY
Salt Lake City UT 84118

short sale. Home needs a lot of TLC. has potential. Property is occupied. Agents please read agent remarks for updates and status...

  • 1838 Sq Ft

  • 4

  • 2

  • 1

$310,000

40.0k

44 W 300 S #1207S, Salt Lake City UT 84101

44 W 300 S #1207S
Salt Lake City UT 84101

Experience sleek urban living at American Towers Condominium, ideally located in Salt Lake City and offering breathtaking city skyline and mountain views. The o...

  • 1373 Sq Ft

  • 1

  • 2

  • 1

$459,000

16.0k

475 N REDWOOD RD #88, Salt Lake City UT 84116

475 N REDWOOD RD #88
Salt Lake City UT 84116

Prime Salt Lake City location between downtown and the airport! This charming three-story home offers a peaceful village-style community with a pool and clubhou...

  • 1543 Sq Ft

  • 3

  • 3

$355,000

450 E 100 S #14, Salt Lake City UT 84111

450 E 100 S #14
Salt Lake City UT 84111

Located in the desirable Ivy Terrace community, this charming downtown condo offers convenience and character in the heart of Salt Lake City. Recently renovated...

  • 643 Sq Ft

  • 1

  • 1

$270,000

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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