Rental market snapshot for Provo, Utah

Provo, Utah Rental Property Market Overview

Provo, Utah is a vibrant city located in the heart of Utah Valley. According to the US Census, the population of Provo in 2021 is 114,084. Provo is home to Brigham Young University, Utah Valley University, and several other educational institutions, making it a hub for higher education. The city is also known for its outdoor recreation opportunities, including hiking, biking, and skiing. Provo is a great place to live, work, and play, and its population continues to grow.

The average rent for an apartment in Provo is $1,140. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Provo Utah | Cost of Living

  • The most expensive ZIP code in Provo is 84604 with an average price of $2,120.
  • The cheapest ZIP code in Provo is 84601 with an average price of $1,394.

Provo ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
184604$2,120
284606$1,463
384601$1,394

Live near Provo, Utah's Top Sights and Attractions

The BYU Duck Pond is a picturesque spot located on a college campus. It is a large pond surrounded by lush green grass, trees, and a walking path. The pond is home to a variety of ducks, geese, and other waterfowl, making it a popular spot for bird watching. The area is also a great place to relax and enjoy the outdoors, with benches and picnic tables scattered throughout the area.

Pioneer Park is a large outdoor recreational area located in the foothills of the Wasatch Mountains. It is a popular spot for locals and visitors alike, offering a variety of activities such as hiking, biking, fishing, and picnicking. The park also features a large playground, a disc golf course, and a splash pad. There are plenty of trees and open grassy areas to explore, as well as a few small ponds and streams. The park is a great place to spend a day outdoors, and it offers stunning views of the surrounding mountains.

The Monte L Bean Life Science Museum is a popular attraction in Provo, Utah. It is a large, interactive museum that focuses on the natural sciences. Visitors can explore a variety of exhibits, including a live animal collection, interactive displays, and a variety of educational programs. The museum also features a planetarium, a butterfly garden, and a discovery center. The museum is a great place for families to explore and learn about the natural world.

Memorial Park is a large outdoor recreational area located in the foothills of the Wasatch Mountains. It features a variety of activities, including a large playground, a disc golf course, a swimming pool, a picnic area, and a walking/biking trail. The park also has a memorial garden dedicated to those who have served in the military. The park is a popular spot for locals and visitors alike, offering a great place to relax and enjoy the outdoors.

Kiwanis Park is a large outdoor recreation area located in the foothills of the Wasatch Mountains. It features a variety of activities, including a playground, a splash pad, a skate park, a disc golf course, a large pond, and several walking and biking trails. The park also has a picnic area, a pavilion, and a concession stand. It is a great place to spend a day outdoors with family and friends.

Sertoma Park is a beautiful outdoor space located in the foothills of the Wasatch Mountains. It features a large pond, a playground, and plenty of open grassy areas perfect for picnics and outdoor activities. There are also several walking trails, a disc golf course, and a skate park. The park is a great place to spend the day with family and friends, and it offers stunning views of the surrounding mountains.

Museum Of Art is a renowned art museum located in the heart of Utah. It features a wide variety of artworks from around the world, including paintings, sculptures, photographs, and installations. The museum also hosts a variety of events, such as lectures, workshops, and art classes. Visitors can explore the museum's permanent collection, which includes works from the Renaissance to the present day, as well as temporary exhibitions. The museum also offers a variety of educational programs for children and adults.

Riverside Park is a beautiful outdoor recreation area located along the Provo River. It features a variety of activities, including walking and biking trails, a playground, picnic areas, and a disc golf course. The park also has a large pond, which is a popular spot for fishing and boating. There are plenty of benches and tables scattered throughout the park, making it a great place to relax and enjoy the scenery.

Joaquin Park is a beautiful outdoor area located in the foothills of the Wasatch Mountains. It features a large pond, walking trails, and plenty of open space for picnicking, playing, and relaxing. The park also has a playground, basketball court, and a pavilion with picnic tables. The park is a great place to take in the stunning views of the surrounding mountains and enjoy the fresh mountain air.

Geneva Road Trailhead is a popular outdoor destination located in the foothills of the Wasatch Mountains. It offers a variety of trails for hikers, mountain bikers, and horseback riders of all skill levels. The trails range from easy to difficult, with some offering spectacular views of the surrounding area. There are also picnic areas and restrooms available for visitors. The trailhead is a great place to explore the beauty of nature and get some exercise.

Provo, Utah area median rent change by ZIP code map

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How does Provo compare to other cities in Utah?

citymedian price
Highland$2,655
Riverton$2,340
Vineyard$1,700
West Valley City$1,655
Payson$1,595
Millcreek$1,479
Provo$1,450
Cedar City$1,450
Holladay$1,295

Average household income in Provo area graph - US Census

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The median household income in Provo in 2021 was $53,572. This represents a 33.0% change from 2011 when the median was $40,288.

#categorypercent
0Less than $10,0006.2%
1$10,000 to $14,9995.8%
2$15,000 to $19,9995.5%
3$20,000 to $24,9995.9%
4$25,000 to $29,9996.7%
5$30,000 to $34,9996.4%
6$35,000 to $39,9995.0%
7$40,000 to $44,9994.9%
8$45,000 to $49,9993.5%
9$50,000 to $59,9997.6%
10$60,000 to $74,99911.3%
11$75,000 to $99,99911.9%
12$100,000 to $124,9996.0%
13$125,000 to $149,9994.7%
14$150,000 to $199,9994.4%
15$200,000 or more4.2%

Neighborhoods in Provo

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Provo is $1,140.
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