Sell Your Commercial Property In St. George, UT

Who rents in St. George

Renters occupy 33.3% of St. George's 36,490 occupied homes, or 12,158 households, per the ACS 2020-2024 tenure table for St. George. Washington County rents at 28.4%, per the same table for Washington County. St. George holds 61.4% of the county's 19,792 renter households.

Newcomers feed that pool. In St. George, 4.5% of residents lived in another state one year earlier, per the ACS 2020-2024 migration table. The statewide share is 2.8%, and another 3.9% of St. George residents moved in from a different Utah county.

Retirees form a second stream. Residents aged 65 and over make up 21.8% of St. George's population, against 11.9% for Utah, per ACS profile table DP05.

Students add a third. Utah Tech University's fall 2024 third-week headcount was 13,167, up 4.77%, per the Utah System of Higher Education enrollment report.

Rents and affordability in St. George

St. George's median gross rent is $1,545 a month in the ACS 2020-2024 rent table. That is $131, or 9.3%, above Salt Lake City's $1,414, per the same table for Salt Lake City. Utah's median is $1,496.

Incomes run lower than rents suggest. St. George's median household income is $76,508, against $95,166 statewide, per the ACS 2020-2024 income table. A year of median rent, $18,540, equals 24.2% of that income, compared with 18.9% for Utah.

That gap shows up as rent burden. In St. George, 55.0% of renter households spend 30% or more of income on rent, per the ACS 2020-2024 rent burden table. Utah's share is 44.8%, and 24.4% of St. George renters spend 50% or more.

HUD's FY2027 fair market rents took effect October 1, 2026. Washington County falls in the St. George, UT MSA, per HUD's fair market rent dataset:

HUD's two-bedroom figure of $1,657 sits $112 above St. George's median gross rent. Rental vacancy is 8.1% in St. George and 10.6% in Washington County, per ACS profile table DP04. Utah's rate is 5.5%.

Vacancy is the number to watch. Owners who sell commercial real estate in St. George, UT will see buyers underwrite it before rent growth.

St. George's apartment stock

St. George has 6,025 homes in buildings of five or more units, 14.0% of its 43,039 housing units, per the ACS 2020-2024 units-in-structure table. That is 75.6% of all such homes in Washington County. Utah's five-plus share is 16.1%.

Small buildings matter as much as complexes. Buildings of two to four units hold 6,936 homes, or 16.1% of the stock. Complexes of 50 or more units hold 1,629 homes, and buildings of 20 to 49 units hold 1,094.

The stock is young. St. George's median year built is 2001, against 1992 for Utah, per the ACS 2020-2024 year-built table. Only 10.6% of units predate 1980, while 26.8% were built in 2010 or later.

Property taxes in Washington County

St. George's 2025 property tax rate is 0.006584 of taxable value, per the Utah State Tax Commission's 2025 Tax Rates by Tax Area. That total applies in all 10 Washington County tax areas carrying the St. George City levy, including 008-0000. Washington County School District levies 0.004687, or 71.2% of it.

St. George City levies 0.000754, or 11.5% of the total. Washington County's general levy is 0.000486, with smaller levies for assessing and collecting, the water conservancy district and mosquito abatement.

Apartments qualify for a residential exemption. Utah Code 59-2-103 grants a 45% reduction in fair market value for residential property. Subsection (6)(b)(ii) extends it to each residential property that is a tenant's primary residence.

Here is a worked example for a $2,000,000 St. George apartment building in tax area 008-0000:

• Taxable value after the 45% exemption: $1,100,000
• Annual tax at 0.006584: $7,242.40
• The same building without the exemption: $13,168.00
• St. George City's share of the bill: $829.40

Valuation appeals go to the Washington County Board of Equalization. Under Utah Code 59-2-1004, the deadline is the later of September 15 or 45 days after the valuation notice. Washington County's Board of Equalization page states that the 2026 appeal period has closed. Appeals of its decisions go to the Utah State Tax Commission on form TC-194 within 30 days.

Landlord rules in St. George

Utah law prohibits local rent control. Utah Code 57-20-1 bars any county, city or town from controlling rents or fees on private residential property without the Legislature's express approval.

Deposits are due back within 30 days after the renter vacates under Utah Code 57-17-3, with written notice of any deductions. For unpaid rent, Utah Code 78B-6-802 requires a pay-or-quit notice of three business days. A month-to-month tenancy ends with notice served 15 calendar days or more before the period ends.

St. George issues a rental dwelling license through its Business Licensing office. Its Rental Dwelling License Checklist says three or more units may require an inspection by the City Code Enforcement Office before the license issues. Owners who live outside Washington County must name a local agent or property manager.

The license name must match the owner on title, and properties with different owners need separate licenses. Anyone preparing to sell commercial property in St. George, UT should keep that file and any inspection record current.

What it means for an owner in St. George

St. George pairs a 33.3% renter share and $1,545 median rent with a 0.006584 tax rate and young buildings. Owners who plan to sell commercial property in St. George, UT should bring trailing occupancy and concession history. The 8.1% rental vacancy and 55.0% rent burden are the figures buyers will press on.

If you want to sell your apartment building in St. George, start with a cap rate estimate using actual rents and your Washington County tax bill. Skyline Capital Investments buys apartment buildings of five or more units in St. George, Washington, Hurricane, Santa Clara and Ivins.

For a firm number, request a cash offer for an apartment building. Have the rent roll, the rental dwelling license and the latest Washington County tax notice ready.