Last updated October 9, 2026

Average Rent in American Fork 84003 & Rent Trends

Rent prices and market trends across 3 apartment communities in American Fork 84003, Lehi, UT. Updated daily.

Area All Areas

American Fork 84003

Lehi 84043

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$1,770/mo

▲ +2.9% from last month

Lowest Available

$1,199/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Rent Watch: cuts and increases

Open Rent Watch →

See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

American Fork 84003 vs Lehi, UT Average

American Fork 84003 is cheaper than the Lehi, UT average by $82/mo (4%). The citywide average is $1,852/mo across all neighborhoods.

Is Rent Going Up or Down in American Fork 84003?

As of October 2026, the average rent in American Fork 84003 is $1,770 per month across 3 apartment communities and 36 available units. Rents have increased $49 (2.9%) over the past month.

The most affordable option is The Kelton Apartments starting at $1,199/mo. By unit type, a 1-bedroom averages $1,528/mo, a 2-bedroom averages $1,650/mo, a 3-bedroom averages $2,097/mo.

Prices range from $1,199 to $2,220 per month. The most common price point is the $1,600 range, where 11 units are currently listed.

American Fork 84003 Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
July 2026	$1,785	-	7
August 2026	$1,798	+$13	7
September 2026	$1,824	+$26	7
October 2026	$1,864	+$40	6

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in American Fork 84003

1 Bed

$1,528

from $1,199 · 5 units

2 Bed

$1,650

from $1,399 · 20 units

3 Bed

$2,097

from $1,899 · 11 units

Rent Prices by Apartment in American Fork 84003

Property	Starting at	Average	Units	Rating
The Kelton Apartments	$1,199/mo	$1,459/mo	5	4.4
Millpond	$1,524/mo	$1,711/mo	17	3.6
Alvera at The Meadows	$1,610/mo	$1,951/mo	14	3.7

Frequently Asked Questions About Rent in American Fork 84003

What is the average rent in American Fork 84003?

The average rent in American Fork 84003 is $1,770 per month as of October 2026, based on 36 units across 3 apartment communities.

Is rent going up or down in American Fork 84003?

Rent in American Fork 84003 has increased $49 (2.9%) over the past month. The current average is $1,770/mo.

What is the cheapest apartment in American Fork 84003?

The most affordable apartment in American Fork 84003 is The Kelton Apartments with units starting at $1,199/mo.

How much is a 1-bedroom apartment in American Fork 84003?

A 1-bedroom apartment in American Fork 84003 averages $1,528/mo, with prices starting at $1,199/mo across 5 available units.

How many apartments are available in American Fork 84003?

There are 36 units available across 3 apartment communities in American Fork 84003.

What salary do I need to live comfortably in American Fork 84003?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$71,000/year

Based on the 30 percent rule, using our tracked average rent of $1,770/mo.

Comfortable income

$85,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,199/mo), you need to earn at least $48,000/year.

Median household income in American Fork 84003 is $125,860 , about 48% above the comfortable-living threshold.

Cost of living in American Fork 84003

Overall prices in American Fork 84003 runs below the national average by about 4% (BEA Regional Price Parity index 95.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by American Fork 84003's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,770	daily refresh
Utilities	$461	BLS × BEA RPP
Groceries	$511	BLS × BEA RPP
Transportation	$1,099	BLS × BEA RPP
Healthcare	$536	BLS × BEA RPP
Other goods and services	$858	BLS × BEA RPP
Estimated total	$5,236/mo	$62,835/year

Population

81,039

Median household income

$125,860

Census median rent

$1,798/mo

Census rent burden

25.7%

Median age

26.6

Mean commute

23 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Utah Rent Trends

Compare rent across all Utah cities

Explore Lehi, UT on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Lehi, UT rents stack up against the national median