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Lehi vs St. George:
Housing Costs in Utah

Side-by-side comparison of home prices, mortgage payments, and housing costs between Lehi and St. George, Utah. Using Utah's 0.58% property tax rate and $1,200/year insurance. Updated for 2026.

MetricLehiSt. George
Median Home Price$525K$495K
Population75,90795,342
Average Rent$1,620/mo$1,520/mo
Est. Monthly Mortgage (P&I)$2,987/mo$2,816/mo
Est. Monthly Property Tax$254/mo$239/mo
Est. Monthly Insurance$100/mo$100/mo
Est. Total PITI$3,537/mo$3,341/mo
Price-to-Rent Ratio27.027.1
Verdict

St. George edges out Lehi in affordability, saving you roughly $196/month on total housing costs. Both cities are in Utah, so property tax rates and insurance costs are the same — the difference comes down to home prices and what you get for your money in each market.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses Utah's 0.58% property tax rate.

Lehi
Home Price$525,000
Down Payment (10%)$52,500
Loan Amount$472,500
Monthly P&I$2,987
Monthly Property Tax$254
Monthly Insurance$100
Monthly PMI$197
Total PITI$3,537/mo
Annual property tax: $3,045
St. George
Home Price$495,000
Down Payment (10%)$49,500
Loan Amount$445,500
Monthly P&I$2,816
Monthly Property Tax$239
Monthly Insurance$100
Monthly PMI$186
Total PITI$3,341/mo
Annual property tax: $2,871

Buying in St. George saves you approximately $196/month ($2,352/year) compared to Lehi, based on median home prices with identical loan terms.

Which City Is Better For...

First-Time Buyers

St. George is the better choice for first-time buyers, with a median price of $495K versus $525K in Lehi. That's $30K less to save for a down payment. You'd need roughly $17K for an FHA 3.5% down payment in St. George, compared to $18K in Lehi. Utah offers the UHC FirstHome Loan program (Up to 6% DPA second) which applies in both cities.

Real Estate Investment

Lehi has the better price-to-rent ratio at 27.0x versus 27.1x in St. George. A lower ratio generally signals better rental income relative to purchase price. Average rent in Lehi is $1,620/month on a $525K median home, making it a stronger candidate for buy-and-rent investors.

Families

St. George (pop. 95,342) offers more amenities, schools, and services typical of a larger city, while Lehi (pop. 75,907) may offer a quieter, more community-oriented lifestyle. St. George offers both more options and lower housing costs, making it attractive for families who want urban amenities without a premium price.

Income Needed to Afford the Median Home

Lehi
$152K
annual household income
Based on $3,537/mo PITI at 28% DTI
St. George
$143K
annual household income
Based on $3,341/mo PITI at 28% DTI

Other Cities in Utah

Salt Lake City$525K
Pop. 200,133 · Rent $1,580/mo
Provo$445K
Pop. 115,162 · Rent $1,380/mo
West Jordan$475K
Pop. 116,961 · Rent $1,520/mo
Ogden$365K
Pop. 87,321 · Rent $1,280/mo
Layton$445K
Pop. 78,014 · Rent $1,450/mo
Logan$375K
Pop. 52,778 · Rent $1,220/mo
Draper$575K
Pop. 49,846 · Rent $1,750/mo
Cedar City$365K
Pop. 35,867 · Rent $1,180/mo

Explore Utah

Utah Mortgage Guide$480K median →
0.58% tax · $6K closing · $1,200/yr insurance
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Lehi or St. George.
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