Provo, UT Rental Market Trends
What is the average rent in Provo?
The average rent for an apartment in Provo is $1,617. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Provo, UT
Average Rent | Average Apartment Size |
---|---|
$1,617 | 914 sq. ft. |
What is the average apartment size in Provo?
The average size for a Provo, UT apartment is 914 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Provo, UT Apartment Rent Ranges
Provo, UT Occupied Housing Units
19,890 or 59% of the households in Provo, UT are renter-occupied while 13,557 or 41% are owner-occupied.
Provo, UT Rent Trends
Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Mar / 2022 | Jul / 2022 |
---|---|---|---|---|---|---|---|---|---|---|---|
Provo, UT | $1,423 | $1,419 | $1,438 | $1,442 | $1,494 | $1,445 | $1,459 | $1,480 | $1,530 | $1,554 | $1,617 |
National | $1,375 | $1,407 | $1,415 | $1,416 | $1,406 | $1,410 | $1,418 | $1,501 | $1,596 | $1,634 | $1,706 |

Average Rent in Provo, UT By Neighborhood
Neighborhood | Average Rent |
---|---|
Y Mountain | $1,724 |
Brigham Young University | $1,717 |
Carterville | $1,717 |
Edgemont | $1,717 |
Grandview North | $1,717 |
Grandview South | $1,717 |
Indian Hills | $1,717 |
North Timpview | $1,717 |
Oak Hills | $1,717 |
Pleasant View | $1,717 |
Riverbottoms | $1,717 |
Riverside | $1,717 |
Rock Canyon | $1,717 |
Sherwood Hills | $1,717 |
Wasatch | $1,717 |
Foothills | $1,693 |
Joaquin | $1,651 |
Provost | $1,651 |
Provost South | $1,651 |
Spring Creek | $1,651 |
North Park | $1,602 |
Rivergrove | $1,602 |
Lakeview North | $1,597 |
East Bay | $1,507 |
Maeser | $1,507 |
Dixon | $1,232 |
Fort Utah | $1,232 |
Franklin | $1,232 |
Franklin South | $1,232 |
Lakeview South | $1,232 |
Lakewood | $1,232 |
Provo Bay | $1,232 |
Sunset | $1,232 |
Timp | $1,232 |
What are the most affordable neighborhoods in Provo?
The most affordable neighborhoods in Provo are Dixon, where the average rent goes for $1,232/month, Fort Utah, where renters pay $1,232/mo on average, and Franklin, where the average rent goes for $1,232/mo. If you’re looking for other great deals, check out the listings from Franklin South ($1,232), Lakeview South ($1,232), and Lakewood ($1,232), where the asking prices are below the average Provo rent of $1,617/mo.
What are the most expensive neighborhoods in Provo?
The most expensive neighborhoods in Provo are Sherwood Hills ($1,717), Wasatch ($1,717) and Y Mountain ($1,724).
What are the most popular neighborhoods in Provo?
The most popular neighborhood in Provo is Timp, where there are 4 verified RentCafe listings with an average rent of $1,232. Next up is Maeser, where apartments go for $1,507/month, followed by Grandview North with $1,717 If you’re looking to rent in Provo’s most popular neighborhoods, make sure to also check out Lakeview South, where renters pay $1,232 on average, and Provost, where the average monthly rent is $1,651.
Provo | Rent Comparison by Neighborhood
Rent in Brigham Young University is the same as in Carterville
Brigham Young University rent is 6% higher than Provo average
Average Rent | $1,717 |
---|
Carterville rent is 6% higher than Provo average
Average Rent | $1,717 |
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How Provo Compares to Other Cities
City | Average Rent |
---|---|
Salt Lake City | $1,651 |
West Jordan | $1,637 |
West Valley City | $1,556 |
Ogden | $1,248 |
Sandy | $1,707 |
Midvale | $1,531 |
Taylorsville | $1,450 |
Logan | $1,650 |
Orem | $1,604 |
Provo | $1,617 |
Murray | $1,497 |
Clearfield | $1,436 |
Draper | $1,714 |
Layton | $1,417 |
Kearns | $1,790 |
South Salt Lake | $1,524 |
Riverton | $1,797 |
South Jordan | $1,770 |
West Haven | $1,458 |
Herriman | $1,801 |
Magna | $1,624 |