In Park City, a typical home is worth $1,757,800 and typical rent is $1,943 a month. Compared with all of Summit County, the typical home value is 65% higher and the share of households that own their home is 6 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $1,242,486 to $1,598,285.
Typical rent
$3,594a month
▲ 12.2% more than 12 months ago
Typical rent from Zillow, March 2023 to September 2026: from $3,091 to $3,594.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Park City is in Summit County. The FHA loan limit ($1,163,800 for a one-unit home), the fair market rents and the help on this page are those of all of Summit County. See the county
What this place has that others do not, from public data, most unusual first.
1
Park City has the highest typical home value of the 97 cities in Utah with more than 5,000 people: $1,757,800.
2
Nearby, in Heber, the typical home value is $654,200: 63% less than in Park City ($1,757,800).
3
According to Zillow, in the 12 months to September 2026 the typical home value in Park City rose 5.6%; in Utah, it rose 1.2%.
4
75% of households in Park City own their home, against 80% in Summit County.
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Park City
What homes there are in Park City, 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
Park City
Summit County
Utah
United States
Kind of home: Park City and its comparisons
Measure
Park City
Summit County
Utah
United States
Detached house
40%
63%
67%
61%
Attached house
12%
8%
8%
6%
Building of 2 to 4
20%
10%
7%
8%
Apartments (5 or more)
28%
18%
16%
19%
Mobile home
Unreliable estimate
2%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
No kind of home is the majority in Park City; the largest group, detached houses, adds up to 40%, less than in Summit County (63%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Park City
Summit County
Utah
United States
Year built: Park City and its comparisons
Measure
Park City
Summit County
Utah
United States
Before 1960
3%
5%
15%
26%
1960–1979
23%
16%
20%
24%
1980–1999
46%
40%
26%
25%
2000–2009
18%
25%
18%
14%
2010 or later
10%
14%
21%
11%
Homes in Park City are older: the typical year built is 1989; in Summit County, 1995.
By size, homes in Park City look like those in Summit County: 70% have 3 bedrooms or more.
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–$300KUnreliable
$300K–$500KUnreliable
$500K–$750K7%
$750K–$1MUnreliable
$1M or more77%
Value of owner-occupied homes: Park City and its comparisons
Measure
Park City
Under $100K
Unreliable estimate
$100K–$200K
Unreliable
$200K–$300K
Unreliable estimate
$300K–$500K
Unreliable estimate
$500K–$750K
7%
$750K–$1M
Unreliable estimate
$1M or more
77%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,99921%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Park City and its comparisons
Measure
Park City
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
21%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$3,360 a month
Summit County: $2,882 a month
Without a mortgage
$1,308 a month
Summit County: $831 a month
Owners with a mortgage
59%
Summit County: 66%
The typical cost for an owner with a mortgage in Park City is $3,360 a month, more than in Summit County ($2,882); without one, $1,308.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Park City+70%
Summit County+66%
Utah+75%
United States+53%
Typical rent
Park City+30%
Summit County+39%
Utah+44%
United States+33%
Typical household income
Park CityNo clear change
Summit County+34%
Utah+33%
United States+29%
Change since 2015–2019: Park City and its comparisons
Measure
Park City
Summit County
Utah
United States
Typical home value
+70%
+66%
+75%
+53%
Typical rent
+30%
+39%
+44%
+33%
Typical household income
No clear change
+34%
+33%
+29%
From 2015–2019 to 2020–2024, the typical home value in Park City rose 70%; in Summit County, it rose 66%.
Since 2015–2019, the typical rent in Park City rose 30%, less than in Summit County (39%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Park City and its comparisons
Measure
Park City
Summit County
Utah
United States
Rental vacancy
43.3%
23.4%
5.5%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.6%
0.9%
More than one person per room
Unreliable estimate
2.3%
3.1%
3.4%
People per household
2.31
2.72
2.97
2.53
Drive alone
61%
63%
67%
69%
Carpool
Unreliable estimate
8%
10%
9%
Public transit
Unreliable estimate
2%
2%
3%
Walk or bike
4%
1%
3%
3%
Work from home
25%
25%
18%
15%
Other means
Unreliable estimate
2%
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
Unreliable estimate
20 to 29 minutes
In Park City, the rental vacancy rate is 43.3%; in Summit County, 23.4%.
On average, a household in Park City has 2.31 people, fewer than in Summit County (2.72).
In Park City, 61% of workers drive alone to work; in Summit County, 63%.
Do the math
What would you pay each month for a home in Park City?
A typical home costs more than the typical income allows
We start with a typical home in Park City, worth $1,757,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 125% of the typical household income in Park City, which is $133,558 a year. For that payment to be 28% of income, a household would need to earn about $596,756 a year. Note: at that price the loan is above the FHA limit for Summit County ($1,163,800), so FHA would not insure it; the payment is only a reference.
The calculator's FHA and conventional loan limits are those of all of Summit 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 Park City. 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 $61,523 (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
$13,924
at 7.18% · 30 years
Loan amount
$1,725,962
Total interest
$2,483,254
Paid off in
November 2056
Includes $29,685 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $3,116 a month
Tight
$3,116 to $4,007 a month
Hard
more than $4,007 a month
Your payment · 125%
Compared with the typical household income in Park City ($133,558 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$11,692
Property tax
$439
Home insurance
$732
FHA mortgage insurance (MIP)
$1,060
This loan is over the FHA limit
You'd borrow $1,696,277, but the FHA limit for a one-unit home in Park City is $1,163,800. You'd need a bigger down payment or a different loan.
You need at least $61,523 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 $13,924; principal and interest $11,692.
The city and its county
Park City and Summit County
Park City is in Summit 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).
Park City
Map of Summit County, Utah, with Park City marked. Around it, the neighboring counties.
Park City
Summit County
Other cities with a page
Park City's own numbers
Typical home value
$1,757,800
Typical monthly rent
$1,943
Typical yearly household income
$133,558
Households that own their home
75%
Effective property tax rate
0.3%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Summit County
FHA limit, one-unit home
$1,163,800
Conventional limit, one unit
$1,150,000
HUD fair market rent, 2 bedrooms
$2,153
Price change over 5 years (FHFA)
+60%
Homes in a high flood-risk zone
2.9%
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 Summit County.
A typical home in Park City is worth $1,757,800: 65% above the county and 259% above Utah. With the typical household income in Park City ($133,558 a year), a typical home costs 13.2 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.
Park City13.2 years
Summit7.7 years
Utah5.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Summit County
According to FHFA’s house price index, home prices in Summit County rose 123% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Summit County.
Yearly change in FHFA’s price index in Summit County, 2016 to 2025
2016: +7.3% +7.3% 2016
2017: +7.6% +7.6% 2017
2018: +6.9% +6.9% 2018
2019: +8.7% +8.7% 2019
2020: +4.0% +4.0% 2020
2021: +13.8% +13.8% 2021
2022: +22.6% +22.6% 2022
2023: +6.6% +6.6% 2023
2024: +5.2% +5.2% 2024
2025: +2.2% +2.2% 2025
Change in FHFA’s price index in Summit County, Utah and the United States
Period
County
Utah
U.S.
Last year (2025)
+2.2%
+2.4%
+2.9%
5 years (2020–2025)
+60%
+53%
+47%
10 years (2015–2025)
+123%
+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
Park City next to Summit 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
Park City$1,757,800
Summit$1,067,700
Utah$489,400
United States$332,700
Typical monthly rent
Park City$1,943
Summit$1,987
Utah$1,496
United States$1,413
Typical yearly household income
Park City$133,558
Summit$138,114
Utah$95,166
United States$80,734
See the full table
Park City next to Summit County and Utah
Measure
Park City
Summit County
Utah
U.S.
Typical home value
$1,757,800 ▲65% above the county
$1,067,700
$489,400
$332,700
Typical monthly rent
$1,943 ▼2% below the county
$1,987
$1,496
$1,413
Typical yearly household income
$133,558 ▼3% below the county
$138,114
$95,166
$80,734
Households that own their home
75% ▼6 points below the county
80%
70%
65%
Typical yearly property tax
$5,253 ▲42% above the county
$3,701
$2,525
$3,119
Effective property tax rate
0.3% ▼0.05 points below the county
0.35%
0.52%
0.94%
Renters with high rent for their income
47% ▲10 points above the county
36%
47%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Summit 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 Park City
For a typical $1,757,800 home in Park City, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Park City's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$13,924a month
Above the FHA limit for Summit County ($1,163,800)
Down payment
$61,523
Cash to close
$114,257
Rate
7.18%
Mortgage insurance
FHA MIP · $1,060
Conventional, 5% down$13,319a month
Above the conventional limit for Summit County ($1,150,000): it would be a "jumbo" loan
Down payment
$87,890
Cash to close
$140,624
Rate
7.18%
Mortgage insurance
PMI · $835
Conventional, 20% down, no PMI$10,698a month
Above the conventional limit for Summit County ($1,150,000): it would be a "jumbo" loan
Down payment
$351,560
Cash to close
$404,294
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$12,323a month
Down payment
$263,670
Cash to close
$316,404
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Park City
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for Summit County ($1,163,800)
$13,924
$61,523
$1,725,962
7.18%
FHA MIP · $1,060
$114,257
580
Conventional, 5% down Above the conventional limit for Summit County ($1,150,000): it would be a "jumbo" loan
$13,319
$87,890
$1,669,910
7.18%
PMI · $835
$140,624
620*
Conventional, 20% down, no PMI Above the conventional limit for Summit County ($1,150,000): it would be a "jumbo" loan
$10,698
$351,560
$1,406,240
7.18%
None
$404,294
620*
ITIN, 15% down (example)
$12,323
$263,670
$1,494,130
8.18%
None
$316,404
Set by the lender
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 Park City is $1,943 a month: 2% below the county. In Park City, 47% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Summit County, by unit size. To pay the 2-bedroom one ($2,153 a month) without spending more than 30% of your income, you would need to earn $41.40 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 Summit County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,851
$35.60
$74,040
1 bedroom
$1,899
$36.52
$75,960
2 bedrooms
$2,153
$41.40
$86,120
3 bedrooms
$2,890
$55.58
$115,600
4 bedrooms
$3,599
$69.21
$143,960
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 Park City
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Park City is in ZIP code 84060.
For 2 bedrooms it is $2,130: $23 less than the fair market rent for Summit County ($2,153).
Fair market rent by ZIP code and size in Park City, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
84060
$1,830
$1,880
$2,130
$2,860
$3,560
ZIP code2 bd3 bd
84060 $2,130$2,860
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Park City 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)
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.
We found no HUD-approved agencies with an office in Summit County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Park City or Summit County. The ones below are statewide in Utah: they work in Park City 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 Park City or Summit 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 Park City and all of Summit 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 Park City?
The typical home value in Park City is $1,757,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Summit County it is $1,067,700.
How much does it cost to rent in Park City?
Typical rent in Park City is $1,943 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Summit County is $2,153.
What is the FHA loan limit in Park City?
Park City uses the FHA limit for all of Summit County (2026): $1,163,800 for a one-unit home and $2,238,150 for a four-unit home.
How much property tax do owners pay in Park City?
The typical homeowner in Park City pays $5,253 a year, according to the U.S. Census Bureau. That is 0.3% of the home’s value; in Summit County, the rate is 0.35%.
Where can I find free help to buy or rent in Park City?
We found no HUD-approved counseling agencies with an office in Summit County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
