States › Utah › Washington Terrace

Is Washington Terrace, UT expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7033% lower than U.S. average
💵 Families earn per year (2026)$86,408about $7,201/month · 1% lower than U.S. average
🔑 House price$353,9006% higher than U.S. average

Rent is higher than in 52% of U.S. cities. A typical house costs about 4.1 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $68,120 a year. That is $33 an hour at a full-time job.

Is rent cheaper than other Utah cities?

Yes. Rent here is cheaper than in most of Utah. It is number 36 of 97 cities from cheapest to most expensive.

Washington Terrace
$1,703
Riverdale
$1,783
Hooper
$2,406
Providence
$1,654
Summit Park
$2,393
Cedar Hills
$2,492
Ivins
$1,262

How much do households earn in Washington Terrace?

Under $25k
8.4%
$25k–50k
20.0%
$50k–100k
50.8%
$100k–150k
10.8%
$150k+
7.1%

Share of households by yearly income. 17.8% of households earn $100,000 or more.

Rent by apartment size in Washington Terrace

SizeWashington TerraceU.S. average
1 bedroom$1,229$1,324
2 bedrooms$1,350$1,509
3 bedrooms$1,312$1,698
4 bedrooms$1,768$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Washington Terrace overall?

Everyday prices in Utah overall are 1% below the U.S. average (index 98.9, U.S. = 100).

Housing
108
Goods (food, clothes…)
96
Utilities
79
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Washington Terrace, so the Utah figure is shown.

Taxes and bills in Washington Terrace

🏛️ Property tax$2,167a year · 0.61% of home value · U.S. $3,119
⚡ Electric bill$88a month (typical) · U.S. $156

Life in Washington Terrace

Commute to work20.9 minU.S.: 26.4 min
College degree23.1%U.S.: 35.7%
Own their home69.2%U.S.: 65.2%
Below poverty line6.5%U.S.: 12.5%
Unemployment2.5%U.S.: 5.2%

Is it cheaper to rent or buy in Washington Terrace?

Renting is cheaper right now: about $753 a month less.

Renting
$1,703
Owning
$2,456

Owning assumes a typical $353,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,390 for the down payment.

Frequently asked questions

What is the average rent in Washington Terrace, UT?

Renting in Washington Terrace costs a median of about $1,703 a month in 2026, including utilities. The Utah median is $1,832.

How much do I need to make to live in Washington Terrace?

To keep rent under 30% of income, you need about $68,120 a year, or $33 an hour at a full-time job.

Is Washington Terrace cheap or expensive?

Washington Terrace is rated OK: rent takes 23.7% of the typical household income of $86,408. It ranks 36th cheapest of 97 Utah cities we track.

How much are property taxes in Washington Terrace?

The median homeowner in Washington Terrace pays $2,167 a year in property taxes, about 0.61% of the median home value.

Is Washington Terrace more expensive than the national average?

Overall prices in Utah are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Washington Terrace?

The median home value in Washington Terrace is $353,900, about 4.1 times the typical yearly household income.

9,182 people live in Washington Terrace. Numbers are typical (middle) values.