Provo, UT Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Provo is $1,856, a 2.25% increase compared to the previous year, when the average rent was $1,815.
Studio Apartments at $1,266 offer the most budget-friendly option with 546 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 656 square feet for $1,238, balancing privacy and affordability.
Two-beedroom units at $1,757 offer 936 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,163 sq ft) for $2,602, suitable for larger households.
Average rent in Provo, UT
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,856 | 898 sq. ft. |
| Studio | $1,266 | 546 sq. ft. |
| 1 Bed | $1,238 | 656 sq. ft. |
| 2 Beds | $1,757 | 936 sq. ft. |
| 3 Beds | $2,602 | 1,163 sq. ft. |
Provo, UT rent trends
Rental prices in Provo, UT have increased by 2.25% over the past year. The average rent moved from $1,815 to $1,856.
What's the typical rent budget in Provo, UT?
The largest share of rentals in Provo, UT (39%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Provo, UT?
20,496 or 60% of the households in Provo, UT are renter-occupied while 13,580 or 40% are owner-occupied.
Most affordable neighborhoods in Provo?
Franklin $1,079/month
Maeser $1,337/month
Timp $1,697/month
All of these neighborhoods fall below the city wide average of $1,856/month.Average Rent in Provo, UT By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Joaquin | $2,380 |
| Timp | $1,697 |
| Maeser | $1,337 |
| Franklin | $1,079 |
Provo | Rent Comparison by Neighborhood
Rent in Franklin is 55% lower than in Joaquin
Franklin rent is 42% lower than Provo average
Joaquin rent is 28% higher than Provo average
How Provo Compares to Other Cities
| City | Average Rent |
|---|---|
| Provo | $1,856 |
| Salt Lake City | $1,586 |
| Ogden | $1,510 |
| Lehi | $1,708 |
| Logan | $1,774 |
| Sandy | $1,608 |
| Orem | $1,697 |
| Midvale | $1,515 |
| Clearfield | $1,485 |
| South Jordan | $1,747 |
| West Jordan | $1,594 |
| Murray, UT | $1,469 |
| South Salt Lake, UT | $1,559 |
| West Valley City | $1,570 |
| Saratoga Springs, UT | $1,671 |
| Draper | $1,728 |
| Herriman | $1,714 |
| American Fork, UT | $1,692 |
| Eagle Mountain, UT | $2,289 |
| Riverton, UT | $1,998 |
| Cottonwood Heights, UT | $1,596 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Provo apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.