Home prices
The median home in Murray costs $287,100. This is about $20,060 (6%) lower in comparison to its nearby areas.It is roughly $69,600 (32%) higher in comparison to the rest of the nation, and is approximately $27,400 (8%) lower in comparison to the city of Salt Lake City.
Rents
In Murray the median rent is $1,109 per month. This is roughly $39 (3%) higher in comparison to its nearby areas.It is approximately $47 (4%) higher compared to the nation as a whole, and compared to the city of Salt Lake City it is approximately $124 (12%) higher.
Nearby places
Midvale
Midvale is Murray's neighbor to the south. Housing prices there are a little less expensive. Midvale's median home value is $261,400, which is $25,700 (9%) lower than Murray. Rents there are similar. In Midvale the median monthly rent is $1,118, which is very similar to Murray.
Taylorsville
Taylorsville is Murray's neighbor to the west. The housing prices there are a little less expensive. The median home in Taylorsville is valued at $239,400, which comes out to $47,700 (19%) lower than Murray. Its rents are a little less expensive. In Taylorsville the median monthly rent is $1,054, which comes out to $55 (5%) lower than Murray.
Holladay
Holladay is Murray's neighbor to the east. Its housing prices are substantially more expensive. The median home in Holladay is valued at $442,900, which comes out to $155,800 (35%) higher than Murray. The rent there is similar. The median rent in Holladay is $1,148 per month, which works out to $39 (3%) higher than Murray.
Millcreek
Millcreek is Murray's neighbor to the northeast. Real estate prices there are a little more expensive. Millcreek's median home price is $366,100, which comes out to $79,000 (21%) higher than Murray. Its rents are similar. Millcreek's median monthly rent is $1,120, which is very similar to Murray.
South Salt Lake
South Salt Lake is roughly 3 miles north of Murray. Its real estate prices are a bit less expensive. South Salt Lake's median home cost is $226,000, which comes out to $61,100 (27%) lower than Murray. Rent there is a bit less expensive. South Salt Lake's median monthly rent is $908, which works out to $201 (22%) lower than Murray.