Utah ranks 45th in the country for affordable housing

Feb 21, 2023, 7:46 PM | Updated: 7:49 pm
dropping home prices...
FILE: A for sale sign is pictured in Salt Lake City on Thursday, July 15, 2021. (Kristin Murphy/Deseret News)
(Kristin Murphy/Deseret News)

SALT LAKE CITY — It’s no surprise that housing is expensive right now, but it’s that way everywhere, right? Wrong. According to Today’s Homeowner, Utah is 45th in the country when it comes to affordable housing.

This means only a handful of places are less affordable than The Beehive State.

Today’s Homeowner compared median monthly mortgage payments and median pretext monthly income to determine affordability.

On average, Utahns spend just over 41% of their monthly income on housing, according to Today’s Homeowner. That’s a lot more than the recommended 30%.

Many of the places ranking lower than Utah, in terms of affordable housing, are found on the west coast. This includes California, Hawaii, Washington and Oregon. The other two ranking lower than Utah are Montana and the District of Columbia.

Devin Oldroyd contributed to this story.

Keep reading

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

Today’s Top Stories

Housing + Homelessness

As Utah leaders work to accommodate a population boom, some cities are considering Housing and Tran...
Adam Small

Housing and Transit Reinvestment Zones, solution for growing Utah?

Housing and Transit Reinvestment Zones are already allowed in Utah, but they require large commitments to affordable housing.
6 days ago
Red Cross campaign helps millions of homes and families....
Waverly Golden

Red Cross Home Fire Campaign reaches goal

Red Cross in Utah installed more than 600 free smoke alarms across the state as part of the Red Cross Home Fire Campaign. 
16 days ago
A bill would expand shelters and open other buildings not zoned for the unsheltered, such as church...
Curt Gresseth

Bill houses unsheltered in churches, rec centers when temps turn deadly

The bill would automatically trigger more places for the unsheltered when the temperature outside is 15 degrees Fahrenheit or colder.
19 days ago
The total number of people from families with children who used emergency homeless services increas...
Ashley Fredde

New report shows increase in Utah children experiencing homelessness

Among the findings, in 2022, of the people who experienced homelessness in Utah last year, 22% were under age 18.
25 days ago
a for sale sign is pictured, utah housing is still too expensive for most...
Britt Johnson

Utah housing still unaffordable for many despite slowing market

While interest rate hikes have helped to slow the market, a low inventory of homes is continuing to keep housing in Utah unaffordable.
25 days ago
(Jeremy Harmon)...
Hugo Rikard-Bell

How a Utah shelter helped Venezuelan men settle in the US, and what it says about our immigration policy

A journey to America for 20 Venezuelan men, immigration status unknown, led them to Utah and the Salt Lake Rescue Mission.
26 days ago

Sponsored Articles

Skier being towed by a rider on a horse. Skijoring....
Bear Lake Convention and Visitors Bureau

Looking for a new winter activity? Try skijoring in Bear Lake

Skijoring is when someone on skis is pulled by a horse, dog, animal, or motor vehicle. The driver leads the skiers through an obstacle course over jumps, hoops, and gates.
Banner with Cervical Cancer Awareness Realistic Ribbon...
Intermountain Health

Five common causes of Cervical Cancer – and what you can do to lower your risk

January is National Cervical Cancer Awareness month and cancer experts at Intermountain Health are working to educate women about cervical cancer.
Kid holding a cisco fish at winterfest...
Bear Lake Convention and Visitors Bureau

Get ready for fun at the 2023 Bear Lake Monster Winterfest

The Bear Lake Monster Winterfest is an annual weekend event jam-packed full of fun activities the whole family can enjoy.
happy friends with sparklers at christmas dinner...

15 easy Christmas dinner ideas

We’ve scoured the web for you and narrowed down a few of our favorite Christmas dinner ideas to make your planning easy.
Spicy Homemade Loaded Taters Tots...

5 Game Day Snacks for the Whole Family (with recipes!)

Try these game day snacks to make watching football at home with your family feel like a special occasion. 
Happy joyful smiling casual satisfied woman learning and communicates in sign language online using...

The Best Tools for Deaf and Hard-of-Hearing Workplace Success

Here are some of the best resources to make your workplace work better for Deaf and hard-of-hearing employees.
Utah ranks 45th in the country for affordable housing