""
Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

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

Last updated July 2022
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
Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Provo, UT By Neighborhood

/
/

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

Neighborhood
vs.

Rent in Brigham Young University is the same as in Carterville

$1,717

Brigham Young University rent is 6% higher than Provo average

Average Rent $1,717
$1,717

Carterville rent is 6% higher than Provo average

Average Rent $1,717

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

Most Popular Apartments in Provo

View more properties
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Provo apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.