Murray Property Management
TRANSPARENCY. STEWARDSHIP. INTEGRITY. INNOVATION. WORK ETHIC.
Overview
Owning a successful rental property requires time, effort, and know-how. With Utah Property Solutions, you gain the benefits of a dedicated team that handles every detail of managing your rental—saving you the frustration and freeing you up to enjoy your investment. As a full-service Murray property management company, we’re here to help you weigh the advantages and disadvantages of working with property management companies, ensuring you make the choice that’s best for your goals.
Have specific questions? Looking for tailored advice? Our team provides personalized guidance to help you:
- Boost your property’s value
- Attract high-quality residents
- Streamline management processes
Ready to explore how property management can work for you? Schedule a consultation using the form , and let’s maximize your property’s potential together!
schedule a consultation
Owner or Renter?
The Benefits of Using 
- Optimized Investment Strategy
- Transparent Pricing and Operations
- Large Property Advertising Network
- Low Maintenance Costs
- Accurate Financial Reporting
- Stress-Free Management
- Thorough Underwriting & Screening Process
- Legal and Compliance and Risk Management
- Communication Guaranteed
As Your Murray Property Manager, We Take Care of Everything.
Marketing
Marketing is key to successful rentals. Utah Property Solutions provides an expert market analysis for each property we manage to maximize your return on investment. Details +
Screening
We conduct extensive screening on all tenants and handle everything from moving your qualified tenant into their new home, to rent collection, to handling maintenance issues. Details +
Rent Collection
We make sure you get paid on time, every time. You no longer have to worry about rent showing up in your bank account because we take care of everything so you have to worry about nothing. Details +
Maintenance
We conduct inspections upon move-in and move-out that include documentation of the property’s condition and ensure all maintenance issues are addressed in a timely manner. Details +
Financial Reporting
With our detailed financial reporting tools, it's never been easier to keep tabs on your investment. Log into your owner portal to view statements and stay in tune with how your investment is performing. Details +
Eviction Management
In the unfortunate event that a tenant needs to be evicted from your rental, we will cover the cost of a simple uncontested eviction (some restrictions apply) and ensure your investment is protected. Details +
Pricing packages catered to you
Full Service Management Pricing
This industry has many different pricing models, but ours stands out with a 100% commitment to transparency. Take a look at how we’ve structured it!
Learn MoreComprehensive Care Plan
Enhance our Full-Service Property Management with the Comprehensive Care Plan—crafted specifically for investors looking to elevate their approach from property management to true asset management.
Learn MoreGet a free rental analysis today.
you’re protected with our guarantees
Communication matters! We guarantee a response within 1 business day or we’ll credit your next month’s management fee.
Life happens—sometimes residents need to move early, or we miss the mark and place someone who stops paying rent. If either occurs within 6 months of move-in, we’ll place a new tenant at no additional leasing fee.
In the unlikely event of an eviction, we cover associated costs up to $1,000. Average eviction is about $800.
We guarantee an executed lease within 30 days of advertising, or we’ll credit one month’s management fee to your account (excluding November to January).
We will cover up to $2,000 above the standard security deposit for property damage caused by approved pets.
What Our Clients Have To Say
Why Invest in Murray
About Murray
Located just 15 minutes outside of Salt Lake City, Murray, Utah, is a prime location for individuals who want to be close to the big city without the high costs. Murray is perfect for those who love to be close to nature; there are extensive natural areas that will please any outdoor lover. Murray is not only home to the gorgeous outdoors, but this dense suburban area also offers an array of entertainment options, including historic farms, theaters, restaurants, museums, and gaming centers. Due to this, Murray has become a steadily growing city for young professionals.
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Investing Insights
As a property owner in Murray, the demographics of your area is always a concern. According to the World Population Review, as of 2020, Murry has nearly 50,000 people and is the 17th largest city in Utah. With a current population increase of 3.73%. Murray continues to make slow but steady progress.
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Pros of Investing in Murray
Spanning 12 miles, Murray is home to a diverse population and holds a balanced mix of blue- and white-collar workers with many individuals working in an office. One of the larger draws of Murray is the Intermountain Medical Center, ranked by the Becker’s list as one of the Top 100 Hospitals in the USA in 2018. Besides young working professionals, many renters in the area could be hospital staff or patients moving to Murray for treatment.
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Cons of Investing in Murray
If you are looking to purchase a rental property in Murray, it is critical to check if there is a historic designation on the building. Some buildings have restrictions as well as the potential for funding for rehabilitation projects.
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Investor Snapshot
Now, let's talk numbers! The average household income in Murray is $82,592. With the median house value reaching around $265,000, it makes sense that the median monthly rental costs average from $1000 to $1200. Given that only 35% of households are renter-occupied, you, as an owner, are in an excellent position to rent out your property. The available rental market is small, which means that you can have various choices in how and to whom you want to rent your property.
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Murray Home Prices:
In October 2020, the statistics for Murray's buying market is as follows:
- Price Range: $59.9K to $3.9M
- Median List Price: $385K
- Trending: 11.6% increase in year-over-year
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Murray Rental Rates:
In October 2020, the statistics of Murray's renting market is as follows:
- Price Range: $500-$2,000
- Average rent: $1,177 per month
- Trending: 1.53% decrease year to date with a 1.1% increase since September