In Midvale, a typical home is worth $436,600 and typical rent is $1,597 a month. Compared with all of Salt Lake County, typical household income is 23% lower, the typical home value is 17% lower, and the share of households that own their home is 23 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $438,523 to $482,329.
Typical rent
$1,606a month
= about the same as 12 months ago
Typical rent from Zillow, December 2021 to September 2026: from $1,475 to $1,606.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Midvale is in Salt Lake County. The FHA loan limit ($637,100 for a one-unit home), the fair market rents and the help on this page are those of all of Salt Lake County. See the county
What this place has that others do not, from public data, most unusual first.
1
43% of households in Midvale own their home, against 66% in Salt Lake County.
2
The typical household income in Midvale is $75,084,23% less than in Salt Lake County as a whole ($97,494).
3
The typical home in Midvale is worth $436,600,17% less than in Salt Lake County as a whole ($525,700).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Midvale
What homes there are in Midvale, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Midvale
Salt Lake County
Utah
United States
Kind of home: Midvale and its comparisons
Measure
Midvale
Salt Lake County
Utah
United States
Detached house
36%
60%
67%
61%
Attached house
14%
9%
8%
6%
Building of 2 to 4
9%
6%
7%
8%
Apartments (5 or more)
41%
23%
16%
19%
Mobile home
Unreliable estimate
2%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Midvale, the apartment is the most common kind of home: 41%, against 23% in Salt Lake County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Midvale
Salt Lake County
Utah
United States
Year built: Midvale and its comparisons
Measure
Midvale
Salt Lake County
Utah
United States
Before 1960
16%
18%
15%
26%
1960–1979
24%
25%
20%
24%
1980–1999
24%
25%
26%
25%
2000–2009
15%
14%
18%
14%
2010 or later
21%
18%
21%
11%
By age, homes in Midvale look like those in Salt Lake County: the typical year built is 1987.
Homes in Midvale are smaller: 48% have 3 bedrooms or more; in Salt Lake County, 65%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300K8%
$300K–$500K57%
$500K–$750K28%
$750K–$1M2%
$1M or moreUnreliable
Value of owner-occupied homes: Midvale and its comparisons
Measure
Midvale
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
8%
$300K–$500K
57%
$500K–$750K
28%
$750K–$1M
2%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$9998%
$1,000–$1,49931%
$1,500–$1,99941%
$2,000–$2,49911%
$2,500–$2,9995%
$3,000 or moreUnreliable
Monthly rent with utilities: Midvale and its comparisons
Measure
Midvale
Under $500
Unreliable estimate
$500–$999
8%
$1,000–$1,499
31%
$1,500–$1,999
41%
$2,000–$2,499
11%
$2,500–$2,999
5%
$3,000 or more
Unreliable estimate
With a mortgage
$1,870 a month
Salt Lake County: $2,124 a month
Without a mortgage
$562 a month
Salt Lake County: $609 a month
Owners with a mortgage
76%
Salt Lake County: 70%
In Midvale, 76% of owners have a mortgage, and their typical cost is $1,870 a month, against $2,124 in Salt Lake County. Without one it drops to $562.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Midvale+67%
Salt Lake County+72%
Utah+75%
United States+53%
Typical rent
Midvale+43%
Salt Lake County+42%
Utah+44%
United States+33%
Typical household income
Midvale+25%
Salt Lake County+30%
Utah+33%
United States+29%
Change since 2015–2019: Midvale and its comparisons
Measure
Midvale
Salt Lake County
Utah
United States
Typical home value
+67%
+72%
+75%
+53%
Typical rent
+43%
+42%
+44%
+33%
Typical household income
+25%
+30%
+33%
+29%
From 2015–2019 to 2020–2024, the typical home value in Midvale rose 67%; in Salt Lake County, it rose 72%.
Much as in Salt Lake County, the typical rent in Midvale rose 43% since 2015–2019.
The typical household income in Midvale rose 25%: less than home values (+67%) and rent (+43%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Midvale and its comparisons
Measure
Midvale
Salt Lake County
Utah
United States
Rental vacancy
3.7%
5.5%
5.5%
5.5%
Homeowner vacancy
Unreliable estimate
0.6%
0.6%
0.9%
More than one person per room
4.3%
3.0%
3.1%
3.4%
People per household
2.30
2.77
2.97
2.53
Drive alone
60%
65%
67%
69%
Carpool
16%
10%
10%
9%
Public transit
3%
2%
2%
3%
Walk or bike
4%
2%
3%
3%
Work from home
15%
20%
18%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
Unreliable estimate
20 to 29 minutes
There is little rental housing open in Midvale: only 3.7% is empty and offered for rent, against 5.5% in Salt Lake County.
In Midvale, 4.3% of households live with more than one person per room, against 3.0% in Salt Lake County.
Households in Midvale are smaller: 2.30 people on average; in Salt Lake County, 2.77.
More people carpool to work in Midvale than in Salt Lake County: 16% against 10%.
Do the math
What would you pay each month for a home in Midvale?
A typical home costs more than the typical income allows
We start with a typical home in Midvale, worth $436,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 56% of the typical household income in Midvale, which is $75,084 a year. For that payment to be 28% of income, a household would need to earn about $149,422 a year.
The calculator's FHA and conventional loan limits are those of all of Salt Lake County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Midvale. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $15,281 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,487
at 7.18% · 30 years
Loan amount
$428,692
Total interest
$616,787
Paid off in
November 2056
Includes $7,373 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,752 a month
Tight
$1,752 to $2,253 a month
Hard
more than $2,253 a month
Your payment · 56%
Compared with the typical household income in Midvale ($75,084 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,904
Property tax
$207
Home insurance
$182
FHA mortgage insurance (MIP)
$193
You need at least $15,281 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,487; principal and interest $2,904.
The city and its county
Midvale and Salt Lake County
Midvale is in Salt Lake County, Utah. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Midvale
Map of Salt Lake County, Utah, with Midvale marked. Around it, the neighboring counties.
Midvale
Salt Lake County
Other cities with a page
Midvale's own numbers
Typical home value
$436,600
Typical monthly rent
$1,597
Typical yearly household income
$75,084
Households that own their home
43%
Effective property tax rate
0.57%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Salt Lake County
FHA limit, one-unit home
$637,100
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,615
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
0.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Salt Lake County.
A typical home in Midvale is worth $436,600: 17% below the county and 11% below Utah. With the typical household income in Midvale ($75,084 a year), a typical home costs 5.8 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Midvale5.8 years
Salt Lake5.4 years
Utah5.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Salt Lake County
According to FHFA’s house price index, home prices in Salt Lake County rose 120% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Salt Lake County.
Yearly change in FHFA’s price index in Salt Lake County, 2016 to 2025
2016: +8.0% +8.0% 2016
2017: +9.2% +9.2% 2017
2018: +9.1% +9.1% 2018
2019: +7.3% +7.3% 2019
2020: +5.5% +5.5% 2020
2021: +18.0% +18.0% 2021
2022: +19.4% +19.4% 2022
2023: +0.5% +0.5% 2023
2024: +4.0% +4.0% 2024
2025: +2.6% +2.6% 2025
Change in FHFA’s price index in Salt Lake County, Utah and the United States
Period
County
Utah
U.S.
Last year (2025)
+2.6%
+2.4%
+2.9%
5 years (2020–2025)
+51%
+53%
+47%
10 years (2015–2025)
+120%
+121%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Midvale next to Salt Lake County, Utah and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Midvale$436,600
Salt Lake$525,700
Utah$489,400
United States$332,700
Typical monthly rent
Midvale$1,597
Salt Lake$1,592
Utah$1,496
United States$1,413
Typical yearly household income
Midvale$75,084
Salt Lake$97,494
Utah$95,166
United States$80,734
See the full table
Midvale next to Salt Lake County and Utah
Measure
Midvale
Salt Lake County
Utah
U.S.
Typical home value
$436,600 ▼17% below the county
$525,700
$489,400
$332,700
Typical monthly rent
$1,597
$1,592
$1,496
$1,413
Typical yearly household income
$75,084 ▼23% below the county
$97,494
$95,166
$80,734
Households that own their home
43% ▼23 points below the county
66%
70%
65%
Typical yearly property tax
$2,480 ▼13% below the county
$2,836
$2,525
$3,119
Effective property tax rate
0.57% ▲0.03 points above the county
0.54%
0.52%
0.94%
Renters with high rent for their income
54% ▲5 points above the county
49%
47%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Salt Lake County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Midvale
For a typical $436,600 home in Midvale, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Midvale's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,487a month
Least cash to close
Down payment
$15,281
Cash to close
$28,379
Rate
7.18%
Mortgage insurance
FHA MIP · $193
Conventional, 5% down$3,406a month
Down payment
$21,830
Cash to close
$34,928
Rate
7.18%
Mortgage insurance
PMI · $207
Conventional, 20% down, no PMI$2,755a month
Down payment
$87,320
Cash to close
$100,418
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,159a month
Down payment
$65,490
Cash to close
$78,588
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Midvale
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,487
$15,281
$428,692
7.18%
FHA MIP · $193
$28,379
580
Conventional, 5% down
$3,406
$21,830
$414,770
7.18%
PMI · $207
$34,928
620*
Conventional, 20% down, no PMI
$2,755
$87,320
$349,280
7.18%
None
$100,418
620*
ITIN, 15% down (example)
$3,159
$65,490
$371,110
8.18%
None
$78,588
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Midvale is $1,597 a month: about the same as the county. In Midvale, 54% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Salt Lake County, by unit size. To pay the 2-bedroom one ($1,615 a month) without spending more than 30% of your income, you would need to earn $31.06 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Salt Lake County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,202
$23.12
$48,080
1 bedroom
$1,349
$25.94
$53,960
2 bedrooms
$1,615
$31.06
$64,600
3 bedrooms
$2,143
$41.21
$85,720
4 bedrooms
$2,439
$46.90
$97,560
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Midvale
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Midvale is in ZIP code 84047.
For 2 bedrooms it is $1,670: $55 more than the fair market rent for Salt Lake County ($1,615).
Fair market rent by ZIP code and size in Midvale, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
84047
$1,240
$1,400
$1,670
$2,220
$2,520
ZIP code2 bd3 bd
84047 $1,670$2,220
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Midvale when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 13 buildings with rents for lower incomes in Midvale. These are the largest.
Florentine Villas7497 S Siena Vista Ln, Midvale 84047214 low-income homes · 1 bd: 53 · 2 bd: 108 · In service since 2010
Canyon Crossing at Riverwalk6880 S 700 W, Midvale 84047180 low-income homes · 2 bd: 36 · 4 bd: 36 · In service since 2015
Midshore Manor8525 S Pamela Way, Midvale 8404788 homes, 86 low-income · For families(801) 561-2131
Station at Midvale7690 S Center Sq, Midvale 84047102 homes, 78 low-income · 1 bd: 48 · 2 bd: 24 · 3 bd: 20 · 4 bd: 10 · In service since 2017 · For people experiencing homelessness
Kimpton Square Apartments850 W Center St, Midvale 8404797 homes, 78 low-income · Studio: 14 · 1 bd: 62 · 2 bd: 21 · In service since 2016 · For older adults, people experiencing homelessness
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 2 HUD-approved agencies with an office in Salt Lake County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Midvale or Salt Lake County. The ones below are statewide in Utah: they work in Midvale the same as in the rest of the state.
Utah state agency second mortgage for the down payment or closing costs alongside its first mortgage: up to 6% of the loan with monthly payments, or up to 3.5% at 3.5% with deferred interest and no payments; capped at $27,500.Offered by Utah Housing Corporation (UHC).
Utah state loan, run by Utah Housing, of up to $20,000 with no interest or monthly payments for the down payment, closing costs or a lower rate; only for first-time buyers of a newly built home with a Utah Housing mortgage.Offered by Utah Housing Corporation (UHC).
No legal help resource on our list is for Midvale or Salt Lake County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Midvale and all of Salt Lake County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Midvale?
The typical home value in Midvale is $436,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Salt Lake County it is $525,700.
How much does it cost to rent in Midvale?
Typical rent in Midvale is $1,597 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Salt Lake County is $1,615.
What is the FHA loan limit in Midvale?
Midvale uses the FHA limit for all of Salt Lake County (2026): $637,100 for a one-unit home and $1,225,200 for a four-unit home.
How much property tax do owners pay in Midvale?
The typical homeowner in Midvale pays $2,480 a year, according to the U.S. Census Bureau. That is 0.57% of the home’s value; in Salt Lake County, the rate is 0.54%.
Where can I find free help to buy or rent in Midvale?
There are 2 HUD-approved counseling agencies with an office in Salt Lake County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
