Best Markets for Real Estate Investment in Utah
- Brian Briscoe
- Jul 21
- 4 min read
Utah has rapidly become one of the most attractive states for real estate investment, with growing cities and high demand for rental properties. Whether you're looking to invest in multifamily units, residential homes, or commercial real estate, the Beehive State offers a wealth of opportunities.
At Streamline Capital Group, we specialize in helping accredited investors identify high-return multifamily investments across Utah real estate investments. Below, we’ll highlight the Utah housing market and the best markets for real estate investment in Utah in 2025.
Best markets for Utah real estate investment
1. Salt Lake City (SLC)
Why Invest in Salt Lake City?
As Utah’s largest city and the state’s economic hub, Salt Lake City continues to experience rapid growth and strong demand for housing. The city boasts a thriving economy, fueled by major industries like tech, healthcare, and finance.
🔹 Key Insights:
Tech Hub: Known as “Silicon Slopes,” Salt Lake City has become a major tech center, attracting high-paying professionals.
Strong Rental Demand: With a growing population and limited housing supply, Salt Lake City has seen rental rates rise steadily.
Commercial Development: New construction projects, including luxury apartments and office buildings, signal continued demand for real estate investments.
💡 Investment Tip: Multifamily properties in downtown Salt Lake City or surrounding neighborhoods offer consistent cash flow and strong appreciation potential.
2. Lehi
Why Invest in Lehi?
Located between Salt Lake City and Provo, Lehi is a rapidly growing city that’s become a magnet for tech startups and large companies. Known as the home of Silicon Slopes, Lehi offers one of the most attractive real estate markets in Utah.
🔹 Key Insights:
Tech Industry Boom: Companies like Adobe and Microsoft are setting up shop here, attracting highly paid professionals.
Affordable Housing Market: Despite its rapid growth, housing in Lehi remains more affordable than in larger cities, making it attractive for renters.
Strong Population Growth: Lehi’s population has increased significantly, further driving demand for both rental and for-sale properties.
💡 Investment Tip: Lehi is an ideal market for multifamily and mixed-use properties, providing both residential and commercial income opportunities.
3. Provo
Why Invest in Provo?
Provo is one of Utah’s top college towns, with a vibrant community thanks to Brigham Young University (BYU) and Utah Valley University (UVU). The city offers steady demand for student housing, as well as opportunities for long-term rentals catering to young professionals.
🔹 Key Insights:
Strong Rental Demand: Provo has a high demand for both student housing and properties catering to young professionals.
Tech & Education Hub: In addition to its educational institutions, Provo has become a center for tech innovation, with a strong job market driving the demand for housing.
Low Vacancy Rates: Provo typically experiences low vacancy rates, ensuring consistent cash flow for real estate investors.
💡 Investment Tip: Student housing and duplexes are particularly strong rental markets in Provo, making it an attractive option for multifamily investments.
4. Ogden
Why Invest in Ogden?
Ogden is located just north of Salt Lake City and offers a diverse real estate market with great growth potential. As one of the more affordable cities in Utah, Ogden is experiencing a revitalization that is attracting new businesses, residents, and investors alike.
🔹 Key Insights:
Affordable Housing Market: Compared to Salt Lake City, Ogden’s housing prices are much lower, making it an attractive option for first-time homebuyers and renters.
Economic Development: Ogden’s economy is diversifying, with a growing presence in industries like manufacturing, technology, and logistics.
Outdoor Lifestyle: With access to outdoor activities and natural beauty, Ogden has become a desirable location for residents seeking a balance between work and play.
💡 Investment Tip: The multifamily sector in Ogden is gaining traction, particularly for affordable housing and workforce housing, offering great rental returns.
5. St. George
Why Invest in St. George?
Located in southern Utah, St. George is known for its warm climate, stunning landscapes, and growing retirement community. The city has seen an influx of retirees from other states, driving demand for both single-family homes and rental properties.
🔹 Key Insights:
Retiree Destination: St. George is increasingly popular with retirees looking for a lower-cost, sunny alternative to other retirement destinations like Arizona or Nevada.
Strong Tourism Industry: As a gateway to Zion National Park and other outdoor attractions, St. George benefits from a booming tourism economy, supporting both short- and long-term rentals.
Affordable Market: Housing in St. George remains affordable compared to other markets in Utah, making it a great place for both investors and homeowners.
💡 Investment Tip: Vacation rentals and senior living properties are particularly lucrative in St. George, offering strong seasonal demand.
6. Park City
Why Invest in Park City?
Park City is one of Utah’s premier resort destinations, known for its world-class skiing and vibrant cultural scene. While its real estate market is higher-end, it remains one of the most attractive areas for luxury and vacation rental investments.
🔹 Key Insights:
Luxury Real Estate: Park City’s real estate market offers unique opportunities for high-net-worth investors looking for luxury homes and vacation rentals.
Tourism & Events: The Sundance Film Festival and other year-round events bring thousands of visitors to the city, ensuring steady demand for vacation rentals.
Strong Appreciation: Properties in Park City often appreciate rapidly, providing great long-term investment potential.
💡 Investment Tip: Consider investing in luxury short-term rentals or vacation homes that cater to tourists and high-end clientele.
7. Draper
Why Invest in Draper?
Located south of Salt Lake City, Draper is a growing suburban community with excellent schools, proximity to both urban and outdoor amenities, and a rising demand for housing.
🔹 Key Insights:
Family-Friendly Area: Draper is an ideal location for families, offering access to excellent schools, parks, and safe neighborhoods.
Rapid Growth: The area is seeing rapid population growth, along with increased demand for both single-family homes and rental properties.
Proximity to Major Employers: Draper is well-connected to Salt Lake City and its booming tech industry, attracting professionals looking to live in a suburban environment.
Investment Tip: Single-family homes and townhomes in Draper are great long-term investments, with strong demand for family-oriented properties.
Invest with Streamline Capital Group in Utah’s Hottest Markets
At Streamline Capital Group, we specialize in identifying high-potential, cash-flowing properties across Utah's best housing markets. Whether you’re interested in multifamily investments or commercial opportunities, we offer double-digit returns and a personalized investment approach.
Start Investing Today and discover the next best Utah real estate investment opportunity for your portfolio!
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