Housing Market Analysis · 2026

Rent vs Buy in St. George, UT

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

Median Home Price $520,309
Median Rent $1,901/mo
Price-to-Rent Ratio 23x
YoY Price Change -0.4%
Income Needed $121K

Should you buy in St. George?

Price-to-Rent Ratio

23x — leans toward renting

With a ratio of 23, the math in St. George, UT currently leans toward renting unless you expect strong home appreciation or plan to stay 10+ years.

Monthly Cost Gap

Buying currently costs roughly $1,848 more per month than renting the median unit in St. George, UT. That gap is the "opportunity cost" renters can invest — which is why the breakeven point matters so much here.

Price Trends

Home prices in St. George, UT declined 0.4% year-over-year, which creates potential buying opportunities but also signals some market softness worth monitoring.

Affordability

The income needed to qualify for a median home in St. George, UT is approximately $121K. Many middle-income households are weighing whether to buy now or continue renting.

Interactive Calculator — St. George Pre-filled

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

At 10 years

Renting wins by $208K

No breakeven in selected timeframe.

Home Purchase
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Rent & Growth Assumptions
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Down Payment$104,062
Closing Costs$15,609

Monthly Cost (Year 1)

Buy $3,749
Rent $1,901
Mortgage$2,714
Tax$477
Insurance$125
Maintenance$434

Wealth Over Time

Buyer Wealth $334,417
Renter Wealth $542,233
Breakeven No breakeven
YearBuyerRenterWinner
1$94K$151KRent
2$117K$185KRent
3$140K$220KRent
4$165K$258KRent
5$190K$299KRent
6$216K$341KRent
7$244K$387KRent
8$273K$436KRent
9$303K$487KRent
10$334K$542KRent

Common Questions — Renting vs Buying in St. George

Other UT Markets to Compare

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