Springville, UT Rental Market Trends
Highlights
The average rent for an apartment in Springville is $1,271, a 10% increase compared to the previous year, when the average rent was $1,159.
Average Rent in Springville, UT
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,271 | 10% | 1,098 sq. ft. |
The average size for a Springville, UT apartment is 1,098 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.
Springville, UT Apartment Rent Ranges
- $1,001-$1,50075%
- $1,501-$2,00025%
Springville, UT Occupied Housing Units
- Renter-occupied Households17%
- Owner-occupied Households82%
1,574 or 17% of the households in Springville, UT are renter-occupied while 7,407 or 82% are owner-occupied.
Springville, UT Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Springville, UT | $1,159 | $1,210 | $1,257 | $1,223 | $1,223 | $1,159 | $1,263 | $1,243 | $1,271 |
| National | $1,350 | $1,382 | $1,385 | $1,388 | $1,423 | $1,431 | $1,434 | $1,469 | $1,474 |
How Springville Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Salt Lake City | $1,245 | 3% |
| Clearfield | $1,031 | n/a |
| Layton | $1,066 | 4% |
| Lehi | $1,367 | 5% |
| Roy | $1,121 | n/a |
| Springville | $1,271 | 10% |
| Provo | $1,413 | n/a |
| Sandy | $1,256 | 2% |
| Saratoga Springs | $1,366 | 7% |
| Pleasant Grove | $1,168 | 3% |
| American Fork | $1,283 | 6% |
For more information about the Springville rental trends, check out our monthly rent report
Check out Utah Cities, Utah Neighborhoods and Utah Zip Codes for more details on verified listings, including the Utah Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!