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


296 Homes For Sale in SALT LAKE CITY Utah

4731 W TALAVERA WAY #T-38, Salt Lake City UT 84118

4731 W TALAVERA WAY #T-38
Salt Lake City UT 84118

Immaculate Move in Ready Townhome. Nearly Brand New Build purchased in 2023. Built By Liberty Homes. Upgraded Solid Flooring Flows Seamlessly throughout the Mai...

  • 2146 Sq Ft

  • 4

  • 2

  • 2

$444,500

5.0k

249 S 700 E #58, Salt Lake City UT 84102

249 S 700 E #58
Salt Lake City UT 84102

Enjoy city living at its best in this well-maintained top-floor unit in the heart of Salt Lake City. Just minutes from downtown shopping, the University of Utah...

  • 660 Sq Ft

  • 1

  • 1

$248,000

351 W 800 N #9, Salt Lake City UT 84103

351 W 800 N #9
Salt Lake City UT 84103

A must see modern townhome in the heart of Salt Lake Citys Marmalade District. Just minutes from the Utah State Capitol and downtown, this home offers the perfe...

  • 1353 Sq Ft

  • 2

  • 4

  • 1

$479,000

939 S DONNER WAY #101, Salt Lake City UT 84108

939 S DONNER WAY #101
Salt Lake City UT 84108

Theres something special about a home deeply connected to its surroundings. Yet condo living can sometimes feel disconnected from the outdoors. This ground-floo...

  • 1328 Sq Ft

  • 2

  • 2

  • 1

$475,000

6125 W DEER SPRINGS LN, Salt Lake City UT 84118

6125 W DEER SPRINGS LN
Salt Lake City UT 84118

Welcome Home! This beautifully maintained multi-level sits in a fantastic neighborhood with quick access to Mountain View Corridor and Bangerter Highway. Offeri...

  • 1979 Sq Ft

  • 5

  • 3

  • 2

$495,000

1697 E WOODBRIDGE DR #2, Salt Lake City UT 84117

1697 E WOODBRIDGE DR #2
Salt Lake City UT 84117

This south-facing basement-level condo in the heart of Holladay offers impressive natural light throughout the day, making the space feel bright and inviting. T...

  • 988 Sq Ft

  • 2

  • 2

$335,000

775 W 800 S, Salt Lake City UT 84104

775 W 800 S
Salt Lake City UT 84104

Great opportunity to own this multi-use commercial lot close to downtown. Close to restaurants, freeway access and public transit system. Buyer to verify all in...

  • 0.08 Acres

$399,000

1032 E 400 S #207B, Salt Lake City UT 84102

1032 E 400 S #207B
Salt Lake City UT 84102

Location, Location, Location. Located in desirable Incline terrace Condo Building B. Just 3 block walk to U of U, Multiple Trax Stations. , Minutes from downto...

  • 900 Sq Ft

  • 2

  • 1

$347,500

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

29 S STATE ST #106
Salt Lake City UT 84111

Set within one of Salt Lake Citys most iconic Art Deco buildings, this turn-key residence delivers effortless urban living in an unbeatable location. Steps from...

  • 552 Sq Ft

  • 1

  • 1

$350,000

2402 S ELIZABETH ST #5, Salt Lake City UT 84106

2402 S ELIZABETH ST #5
Salt Lake City UT 84106

Located in Sugarhouse, this top floor 2 bed 2 bath Condo has spectacular mountain views from the balcony. Adjacent to a golf course and multiple parks and sh...

  • 1005 Sq Ft

  • 2

  • 2

$397,000

3953 S 4000 W, Salt Lake City UT 84120

3953 S 4000 W
Salt Lake City UT 84120

Beautifully updated home in a quiet West Valley neighborhood that offers both charm and functionality. From the moment you step inside, the arched doorways and ...

  • 1738 Sq Ft

  • 3

  • 2

  • 2

$448,000

87 W 300 N #405, Salt Lake City UT 84103

87 W 300 N #405
Salt Lake City UT 84103

Great secure condo located by Salt Lake Citys Capitol Hill. Close to downtown dinning and shopping. Close to neighborhood parks and trails and the Marmalade Dis...

  • 691 Sq Ft

  • 1

  • 1

$274,000

5.0k

1415 N MANDALAY RD #A, Salt Lake City UT 84116

1415 N MANDALAY RD #A
Salt Lake City UT 84116

MULTIPLE OFFERS RECEIVED NO MORE SHOWINGS***NO SHOWINGS UNTIL OPEN HOUSE 2/7 @ 11-1pm. Updated twin home with NO HOA! This well-maintained property features new...

  • 1225 Sq Ft

  • 4

  • 2

  • 2

$325,000

2321 S 600 E, Salt Lake City UT 84106

2321 S 600 E
Salt Lake City UT 84106

If youre looking for sustainable living close to downtown, this Sugar House bungalow is the perfect place for you! This home features a recently installed heat ...

  • 1362 Sq Ft

  • 3

  • 1

  • 2

$470,000

615 N 1200 W #B302, Salt Lake City UT 84116

615 N 1200 W #B302
Salt Lake City UT 84116

Enjoy easy living in this inviting 2-bedroom, 1-bath home nestled in the 55+ community of Terrace of Rose Park. Designed for comfort and simplicity, this home o...

  • 916 Sq Ft

  • 2

  • 1

$218,000

1861 W 600 N #1, Salt Lake City UT 84116

1861 W 600 N #1
Salt Lake City UT 84116

Welcome home to this beautiful condo in the heart of Salt Lake City! This condo offers comfort, style, and peace of mind. This rare ground-floor, end unit prov...

  • 814 Sq Ft

  • 2

  • 1

$200,000

10.0k

355 S 1000 W, Salt Lake City UT 84104

355 S 1000 W
Salt Lake City UT 84104

Charming Updated Home in Salt Lake City Welcome to this beautifully updated 2-bedroom, 1-bath home featuring a thoughtful blend of comfort and modern convenienc...

  • 1060 Sq Ft

  • 2

  • 1

$389,000

10.0k

3434 S BROOK VIEW LN, Salt Lake City UT 84106

3434 S BROOK VIEW LN
Salt Lake City UT 84106

This home has a bedroom on the main level, Pet Friendly big condo in great location. 1,782 square feet. two bedroom plus a den or a third bedroom, 3 bath cond...

  • 1782 Sq Ft

  • 2

  • 3

  • 2

$450,000

736 E 4200 S, Salt Lake City UT 84107

736 E 4200 S
Salt Lake City UT 84107

Affordable east-side living with extensive updates throughout! This move-in-ready home features new interior paint, new carpet, vinyl windows, fixtures, and an ...

  • 1100 Sq Ft

  • 3

  • 2

$435,000

475 N REDWOOD RD #58 RD, Salt Lake City UT 84116

475 N REDWOOD RD #58 RD
Salt Lake City UT 84116

Welcome to this impeccably maintained townhouse that offers the perfect blend of comfort and convenience. Seller has kept this gem for 19 years. Step inside to ...

  • 1543 Sq Ft

  • 3

  • 3

$354,900

15.0k

145 W WINCHESTER ST, Salt Lake City UT 84107

145 W WINCHESTER ST
Salt Lake City UT 84107

RARE AVAILABLE MURRAY OPPORTUNITY FOR POTENTIAL DEVELOPMENT*Do Not Enter Property*Both 145 W Winchester on .52 acres listed for $432,000 Tax Id # 21-24-277-005 ...

  • 656 Sq Ft

  • 2

  • 1

$429,000

3.0k

NEW - 12 HOUR AGO
838 E SOUTH TEMPLE DR #303, Salt Lake City UT 84102

838 E SOUTH TEMPLE DR #303
Salt Lake City UT 84102

PRICED TO SELL! HIGHLY MOTIVATED SELLER!! Amazingly conveniently located Downtown High Rise Condo with multiple elevators and secured entry. This inviting two-b...

  • 1034 Sq Ft

  • 2

  • 2

  • 1

$385,000

576 E VINE ST #3B, Salt Lake City UT 84107

576 E VINE ST #3B
Salt Lake City UT 84107

Assumable loan option is available, contact agent for more information! Welcome to this beautifully maintained top-level condo in the heart of Murray! This home...

  • 990 Sq Ft

  • 2

  • 2

$290,000

9.9k

633 E 4TH AVE #1, Salt Lake City UT 84103

633 E 4TH AVE #1
Salt Lake City UT 84103

Wonderful garden level two bedroom Avenues condo. Currently used as an investment with renters in place until August, 2026, this location allows for quick acces...

  • 864 Sq Ft

  • 2

  • 1

$325,000

2352 E 3395 S, Salt Lake City UT 84109

2352 E 3395 S
Salt Lake City UT 84109

MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE DEC 23RD at 5:00 p.m. . On a quiet street in Millcreek surrounded by stunning new estate homes and mountain views, ...

  • 1506 Sq Ft

  • 2

  • 1

$450,000

1032 E 400 S #408 B, Salt Lake City UT 84102

1032 E 400 S #408 B
Salt Lake City UT 84102

Effective Year Built: 2026! Never lived in! Everything you see is brand new. Building B was completely renovated after a fire. New roof, plumbing, electrical, H...

  • 1050 Sq Ft

  • 2

  • 2

$439,000

4212 W 4695 S, Salt Lake City UT 84120

4212 W 4695 S
Salt Lake City UT 84120

Well-maintained and thoughtfully updated, this five-bedroom, three-bath Salt Lake City home offers flexible living space in a convenient yet peaceful setting. T...

  • 2240 Sq Ft

  • 5

  • 3

  • 1

$495,000

5.0k

2150 S MAIN ST #219, Salt Lake City UT 84115

2150 S MAIN ST #219
Salt Lake City UT 84115

NICE PRICE IMPROVEMENT !!!Spectacular Opportunity in the heart of Salt Lake City. Picture Perfect Clean and Spacious, Close to downtown, Public Transportation,...

  • 914 Sq Ft

  • 2

  • 2

  • 1

$350,000

9.9k

854 E POND VIEW WAY, Salt Lake City UT 84106

854 E POND VIEW WAY
Salt Lake City UT 84106

Beautifully updated Shadybrook condominium tucked into a quiet, desirable location at the back of the community near the tennis courts. The open living room fea...

  • 1642 Sq Ft

  • 2

  • 3

  • 1

$450,000

5 S 500 W #308, Salt Lake City UT 84101

5 S 500 W #308
Salt Lake City UT 84101

Stunning Two-Story Loft with Unique Floorplan. Offered Fully Furnished Upon Request. Currently rented. No showings until May 1, 2026. Please do not disturb tena...

  • 909 Sq Ft

  • 1

  • 2

$449,900

808 E 300 S #29, Salt Lake City UT 84102

808 E 300 S #29
Salt Lake City UT 84102

Located just down the hill from the University of Utah, this charming condo sits in one of the most walkable and convenient areas of Salt Lake City. Step inside...

  • 704 Sq Ft

  • 2

  • 1

$350,000

310 S MARYFIELD DR, Salt Lake City UT 84108

310 S MARYFIELD DR
Salt Lake City UT 84108

Discover the rare blend of seclusion and accessibility on this stunning 0.66-acre parcel in Emigration Canyon. Surrounded by natural beauty and abundant wildlif...

  • 0.66 Acres

$450,000

1032 E 400 S #303B, Salt Lake City UT 84102

1032 E 400 S #303B
Salt Lake City UT 84102

Welcome to Incline Terrace, where location, value, and rare new construction come together. This brand-new, never-lived-in 1 bedroom, 1 bathroom condo offers a ...

  • 800 Sq Ft

  • 1

  • 1

$339,000

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

1601 W 400 S #64, Salt Lake City UT 84104

1601 W 400 S #64
Salt Lake City UT 84104

Why rent when you can own! This is what you have been waiting for! This Condo is hands down the best unit in the the whole park! Why? Because this condo has ama...

  • 800 Sq Ft

  • 2

  • 1

$234,300

100

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

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

Homes Under $500K in Salt Lake City

Looking for homes under $500k in Salt Lake City, Utah? We currently have 296 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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