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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.

Springville, UT Rental Market Trends

Highlights

The average rent for an apartment in Springville is $1,281, a 1% increase compared to the previous year, when the average rent was $1,271.

Average Rent in Springville, UT

Last updated January 2021
Average Rent Y-o-Y Change Average Apartment Size
$1,281 1% 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-$1,50095%
  • $1,501-$2,0005%

Springville, UT Occupied Housing Units

  • Renter-occupied Households17%
  • Owner-occupied Households82%

1,567 or 17% of the households in Springville, UT are renter-occupied while 7,489 or 82% are owner-occupied.

Springville, UT Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Jan / 2021
Springville, UT $1,223 $1,223 $1,159 $1,263 $1,243 $1,271 $1,284 $1,208 $1,281
National $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
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Access comprehensive real estate data and information on Yardi Matrix

How Springville Compares to Other Cities

Average Rent Y-o-Y Change
Salt Lake City $1,268 2%
Provo $1,454 4%
Midvale $1,177 2%
Sandy $1,290 3%
Draper $1,326 n/a
Orem $1,263 2%
South Jordan $1,349 n/a
American Fork $1,356 6%
Bluffdale $1,413 n/a
Riverton $1,413 4%
Springville $1,281 1%

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!

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 Springville 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.