How much is a home worth in ZIP code 84104?

The typical home in 84104 is worth $414,150, based on the Zillow Home Value Index.

Are home values rising in 84104?

Home values in 84104 are down 0.5% over the past year, and up 4.2% a year over five years.

What is the typical rent in 84104?

A typical home in 84104 rents for about $1,785 a month, a gross rental yield of 5.2%.

What is the property tax rate in 84104?

The effective property tax rate in 84104 is 0.5% — roughly $1,999 a year on a typical home.

ZIP code 84104 has a population of 23,420 and a median household income of $61,425.

HousingHandbookReference data

…

U.S. ZIP Code · UT84104

Salt Lake County · Salt Lake City-Murray, UT

Typical home value

$414,150^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.5%
5-year / yr: +4.2%
10-year / yr: +9.4%

Relative price

vs U.S.: +45.8%
vs metro: -24.2%
vs state: -16.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 84104 is worth $414,150 — 24.2% below the Salt Lake City-Murray, UT median. Over the past year, values have fallen 0.5%. Homes here rent for a typical $1,785 a month — a 5.2% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,785^[2]
Gross yield: 5.2%^[2]
Cap rate: 3.1%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.5%^[3]
Typical annual tax: $1,999^[3]

#Climate risk

FEMA National Risk Index ratings for Salt Lake County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively Moderate
Coastal flood: No Rating
Wildfire: Relatively High
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively Moderate
Earthquake: Relatively High
Winter weather: Very High

#Who lives here

Population: 23,420^[3]
Median household income: $61,425^[3]

#Migration

Household moves in and out of Salt Lake County over a year, from IRS tax-return data.

Net migration: -2,767^[5]
Moved in: 28,050
Moved out: 30,817

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 7
Middle: 1
High: 0

Wallace Stegner Academy
Elementary · Grades K–8 · Wallace Stegner Academy
670 students
Glendale Middle
Middle · Grades 6–8 · Salt Lake District
663 students
Mountain View School
Elementary · Grades PK–6 · Salt Lake District
588 students
Dual Immersion Academy
Elementary · Grades PK–8 · Dual Immersion Academy
456 students
Edison School
Elementary · Grades PK–6 · Salt Lake District
377 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.2%

Net yield (after ~40% expenses)3.1%

Annual rent$21,422

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,094

Loan principal$331,320

Down payment$82,830

Total interest paid$422,580

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.46

Monthly cost to own$2,605

Monthly rent$1,785

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 29th percentile^[1]
Rental yield: 97th percentile^[2]
Property tax: 24th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

3rd for highest rental yield in UTView list →

Frequently asked

How much is a home worth in ZIP code 84104?: The typical home in 84104 is worth $414,150, based on the Zillow Home Value Index.
Are home values rising in 84104?: Home values in 84104 are down 0.5% over the past year, and up 4.2% a year over five years.
What is the typical rent in 84104?: A typical home in 84104 rents for about $1,785 a month, a gross rental yield of 5.2%.
What is the property tax rate in 84104?: The effective property tax rate in 84104 is 0.5% — roughly $1,999 a year on a typical home.
Who lives in 84104?: ZIP code 84104 has a population of 23,420 and a median household income of $61,425.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

84006 vs 84104 →
West Jordan, UT
Typical home
$437,415
Gross yield
—
84119 vs 84104 →
West Valley City, UT
Typical home
$438,644
Gross yield
3.9%
84044
Magna metro township, UT
Typical home
$448,274
Gross yield
4.6%
84118
West Valley City, UT
Typical home
$451,673
Gross yield
6.3%
84116
Salt Lake City, UT
Typical home
$456,272
Gross yield
3.4%
84111
Salt Lake City, UT
Typical home
$456,503
Gross yield
4.6%

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Pit ZIP 84104 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · UT84104

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