Housing Market Analysis · 2026

Rent vs Buy in Logan, UT

Local prices pre-filled. Adjust any input to match your situation.

Median Home Price $456,751
Median Rent $1,367/mo
Price-to-Rent Ratio 28x
YoY Price Change +3.3%
Income Needed $108K

Should you buy in Logan?

Price-to-Rent Ratio

28x — strongly favors renting

At 28x, Logan, UT is expensive relative to rents. Renters who invest the difference can often build more wealth unless home prices appreciate significantly.

Monthly Cost Gap

Buying currently costs roughly $1,939 more per month than renting the median unit in Logan, UT. That gap is the "opportunity cost" renters can invest — which is why the breakeven point matters so much here.

Price Trends

Prices in Logan, UT grew 3.3% over the past year — modest but steady appreciation that generally supports long-term buying decisions.

Affordability

The income needed to qualify for a median home in Logan, UT is approximately $108K. Many middle-income households are weighing whether to buy now or continue renting.

Interactive Calculator — Logan Pre-filled

Values are set to Logan, UT medians. Change anything to match your scenario.

At 10 years

Renting wins by $244K

No breakeven in selected timeframe.

Home Purchase
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Rent & Growth Assumptions
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Down Payment$91,350
Closing Costs$13,703

Monthly Cost (Year 1)

Buy $3,306
Rent $1,367
Mortgage$2,382
Tax$419
Insurance$125
Maintenance$381

Wealth Over Time

Buyer Wealth $293,567
Renter Wealth $537,515
Breakeven No breakeven
YearBuyerRenterWinner
1$83K$137KRent
2$103K$170KRent
3$123K$206KRent
4$144K$245KRent
5$167K$286KRent
6$190K$330KRent
7$214K$377KRent
8$240K$427KRent
9$266K$480KRent
10$294K$538KRent

Common Questions — Renting vs Buying in Logan

Other UT Markets to Compare

See how the rent-vs-buy math stacks up in other UT cities.