
The Housing Market in South Jordan Today
South Jordan, a thriving suburb of Salt Lake City, has experienced steady growth in recent years due to its strong job market, excellent schools, and high quality of life. As a result, the housing market in South Jordan has remained competitive, with demand outpacing supply in many neighborhoods. The city’s proximity to major employers like Merit Medical, Ultradent Products, and the Jordan School District has made it an attractive location for professionals and families alike.
Compared to nearby cities like West Jordan and Riverton, South Jordan’s housing market tends to have slightly higher prices, reflecting the city’s desirable amenities and newer housing stock. However, the market still offers a range of options for both renters and buyers, from affordable apartments to spacious single-family homes. As the city continues to grow and develop, housing costs in South Jordan are expected to rise steadily, making it important for residents to understand the various factors that influence their monthly expenses.
Renting in South Jordan: Typical Costs and Trends
Renters in South Jordan can expect to find a variety of apartment options, with prices varying based on location, size, and amenities. As of 2025, the average rent for a one-bedroom apartment in South Jordan is around $1,400 per month, while a two-bedroom unit typically costs between $1,600 and $1,900 per month. These prices are slightly higher than the Salt Lake City metro average, reflecting South Jordan’s desirable location and newer rental properties.
Young professionals and small families are among the most common renter demographics in South Jordan, often drawn to the city’s strong job market and excellent schools. Neighborhoods like Daybreak and The District have become popular among renters due to their walkable designs, community amenities, and proximity to shopping and dining. Renters in these areas can expect to pay a premium for the convenience and lifestyle benefits they offer.
Commute patterns and transportation access also play a role in rental costs within South Jordan. Apartments located near major highways like I-15 and Bangerter Highway tend to command higher rents due to their easy access to downtown Salt Lake City and other employment centers. Similarly, properties situated near the South Jordan FrontRunner station may have slightly higher prices due to the convenience of public transit.
Owning a Home in South Jordan: Prices, Taxes, and HOA Fees
Homeownership in South Jordan offers a range of benefits, including the potential for long-term equity growth and the ability to customize your living space. As of 2025, the median home price in South Jordan is approximately $550,000, reflecting the city’s desirable location, high-quality schools, and newer housing stock. This price point is higher than the Salt Lake County median but remains competitive compared to other high-end suburbs in the region.
Property taxes are an important consideration for homeowners in South Jordan. The city’s property tax rate is 1.2%, which is slightly lower than the Salt Lake County average of 1.4%. For a home valued at $550,000, this translates to an annual property tax bill of around $6,600. It’s important to factor in this ongoing expense when budgeting for homeownership in South Jordan.
Many neighborhoods in South Jordan feature homeowners associations (HOAs), which provide community amenities and services in exchange for monthly or annual fees. HOA fees in South Jordan typically range from $100 to $300 per month, depending on the community and the amenities offered. These fees often cover services like landscaping, snow removal, and the maintenance of common areas such as parks, pools, and fitness centers. While HOA fees can add to the overall cost of homeownership, they also provide value and convenience for many residents.
Apartment vs House in South Jordan: Side-by-Side Costs
Monthly Expense | Apartment (2BR) | House (3BR) |
---|---|---|
Rent/Mortgage Payment | $1,750 | $2,750 |
Property Tax | N/A (included in rent) | $550 |
Utilities | $150 | $250 |
Insurance | $20 (renters) | $100 (homeowners) |
HOA Fees | N/A | $200 |
Maintenance & Repairs | N/A | $200 |
Monthly Total | $1,920 | $4,050 |
Utility & Upkeep Differences
Utility costs can vary significantly between apartments and houses in South Jordan, primarily due to differences in size and energy efficiency. Apartments tend to have lower utility expenses thanks to their smaller square footage and shared walls, which help to insulate the unit and reduce heating and cooling costs. In contrast, single-family homes typically have higher utility bills due to their larger size, individual HVAC systems, and greater exposure to the elements.
Maintenance and upkeep costs are another important consideration when comparing apartments and houses in South Jordan. Renters generally have few, if any, maintenance responsibilities, as these tasks are typically handled by the property management company or landlord. Homeowners, on the other hand, are responsible for all maintenance and repairs, which can include expenses like landscaping, snow removal, HVAC servicing, and appliance repairs. These costs can add up over time, making it essential for homeowners to budget accordingly.
5-Year Rent vs Buy Outlook
When considering whether to rent or buy in South Jordan, it’s important to take a long-term perspective. Over a five-year period, the total cost of renting a two-bedroom apartment at $1,750 per month would be approximately $105,000, not accounting for potential rent increases. In comparison, the total cost of owning a $550,000 home with a 3% down payment and a 30-year fixed-rate mortgage at 3.5% interest would be around $243,000 over the same five-year period, including the down payment, mortgage payments, property taxes, insurance, HOA fees, and estimated maintenance costs.
While the upfront costs of homeownership are significantly higher than renting, it’s important to consider the potential for equity growth and tax benefits. Assuming a modest 3% annual appreciation rate, a $550,000 home in South Jordan could be worth over $635,000 after five years. Additionally, homeowners may be able to deduct mortgage interest and property taxes from their federal income taxes, potentially offsetting some of the costs of ownership.
Ultimately, the decision to rent or buy in South Jordan depends on your individual financial situation, long-term goals, and lifestyle preferences. It’s important to carefully consider your budget, job stability, and future plans before making a decision.
FAQs About Housing Costs in South Jordan
- How much are HOA fees in South Jordan?
HOA fees in South Jordan typically range from $100 to $300 per month, depending on the community and amenities offered. - What is the property tax rate in South Jordan?
The property tax rate in South Jordan is 1.2% of the assessed value of the home. - Is renting cheaper than buying long-term in South Jordan?
While renting may be cheaper in the short term, buying a home in South Jordan can be more cost-effective in the long run due to the potential for equity growth and tax benefits. - Do houses have higher utility costs than apartments?
Yes, houses in South Jordan typically have higher utility costs than apartments due to their larger size and individual HVAC systems. - What’s the monthly cost difference between apartments and houses in South Jordan?
The monthly cost difference between renting a two-bedroom apartment and owning a three-bedroom house in South Jordan is approximately $2,130, based on average prices and expenses in 2025.
Making Smart Housing Choices in South Jordan
Navigating the housing market in South Jordan requires careful consideration of your budget, lifestyle, and long-term goals. By understanding the various costs associated with renting and buying, you can make an informed decision that aligns with your financial situation and future plans. Remember to factor in not only the monthly rent or mortgage payment but also additional expenses like utilities, insurance, property taxes, and HOA fees.
As you explore your housing options in South Jordan, be sure to research different neighborhoods and communities to find the best fit for your needs. Consider factors like commute times, school districts, and access to amenities when making your decision. You can also explore our guides on Average Monthly Expenses in South Jordan, UT and the Cost of Living in South Jordan β Housing, Groceries, Taxes & More for additional insights into the city’s cost of living.
If you’re planning a move to South Jordan, don’t forget to budget for the costs associated with relocating. See our 2025 moving company picks for recommendations on reliable and affordable movers who can help make your transition to South Jordan as smooth as possible.
By arming yourself with knowledge and carefully considering your options, you can make a smart housing choice that sets you up for long-term financial success and happiness in South Jordan.