Salt Lake City, Utah

Salt Lake City’s local economy is strong, the 5-year disposable-income growth is 1.7 times the national average, and the average rent requires just 16.1 percent of household disposable income. Driven by a young, educated workforce (30 percent of the population is between the ages of 15 and 34), the city earns high marks for cultural and outdoor activities. Though real-estate-investor demand could lag behind larger markets, investment and development opportunities remain strong for office, single-family, and multifamily properties.

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Photo Credit: Shutterstock/Andrew Zarivny