Last updated
Average Rent in Provo, UT & Rent Trends
Rent prices and market trends across 8 apartment communities in Provo, UT. Updated daily.
Market Average
$1,562/mo
▲ +3.1% from last month
Lowest Available
$1,044/mo
cheapest unit on market
Communities
8
tracked daily
Units Listed
36
available now
Price Cuts This Week in Provo, UT
18 listed units across 4 buildings in Provo, UT dropped their asking rent in the past 7 days, an average cut of $239/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| TPM, Inc. | Unit 6 | $2,400 | $1,450 | $950 |
| TPM, Inc. | Unit 1 | $2,100 | $1,200 | $900 |
| TPM, Inc. | Unit 4 | $2,300 | $1,400 | $900 |
| TPM, Inc. | Unit 12 | $2,150 | $1,650 | $500 |
| TPM, Inc. | Unit 3 | $1,450 | $1,225 | $225 |
| TPM, Inc. | Unit 8 | $1,950 | $1,775 | $175 |
| Parkway Lofts | Unit 24 | $2,154 | $2,004 | $150 |
| Parkway Lofts | Unit 19, Palisades | $1,834 | $1,704 | $130 |
Rent by Neighborhood in Provo, UT
Compare average rent across Provo, UT neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Provo Canyon | $1,639 | ▲ $104 | $1,044 | 2 | 13 |
| Sunset Heights | $1,565 | ▲ $37 | $1,324 | 3 | 14 |
| Provo Bay | $1,507 | ▲ $155 | $1,270 | 2 | 6 |
| Provost South | $1,324 | ▲ $30 | $1,225 | 1 | 3 |
Is Rent Going Up or Down in Provo, UT?
As of August 2026, the average rent in Provo, UT is $1,562 per month across 8 apartment communities and 36 available units. Rents have increased $45 (3.1%) over the past month.
The most affordable option is Lookout Pointe starting at $1,044/mo. By unit type, a studio averages $1,194/mo, a 1-bedroom averages $1,434/mo, a 2-bedroom averages $1,554/mo, a 3-bedroom averages $1,792/mo, a 4-bedroom averages $2,125/mo.
Prices range from $1,044 to $2,400 per month. The most common price point is the $1,400 range, where 11 units are currently listed.
Provo, UT Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,449 | - | 8 |
| August 2026 | $1,499 | +$50 | 8 |
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 Provo, UT
Rent Prices by Apartment in Provo, UT
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Lookout Pointe | $1,044/mo | $1,219/mo | 3 | 3.7 |
| TPM, Inc. | $1,200/mo | $1,765/mo | 10 | 2.8 |
| Ascent at Union Square | $1,225/mo | $1,324/mo | 3 | 3.2 |
| 200 City View | $1,270/mo | $1,510/mo | 5 | 4.1 |
| Siena Villas Apartments | $1,324/mo | $1,472/mo | 2 | 4.7 |
| Parkway Lofts | $1,349/mo | $1,652/mo | 8 | 3.5 |
| Country Springs | $1,359/mo | $1,439/mo | 4 | 4.1 |
Frequently Asked Questions About Rent in Provo, UT
What is the average rent in Provo, UT?
Is rent going up or down in Provo, UT?
What is the cheapest apartment in Provo, UT?
How much is a 1-bedroom apartment in Provo, UT?
How many apartments are available in Provo, UT?
What salary do I need to live comfortably in Provo, UT?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$62,000/year
Based on the 30 percent rule, using our tracked average rent of $1,562/mo.
Comfortable income
$75,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,044/mo), you need to earn at least $42,000/year.
Median household income in Provo, UT is $62,800 , about 16% below the comfortable-living threshold.
Cost of living in Provo, UT
Overall prices in Provo, UT 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 Provo, UT's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,562 |
| Utilities | $461 |
| Groceries | $511 |
| Transportation | $1,099 |
| Healthcare | $536 |
| Other goods and services | $858 |
| Estimated total | $5,028/mo |
Population
114,303
Median household income
$62,800
Census median rent
$1,152/mo
Rent as % of income
30.9%
Median age
23.7
Mean commute
19 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.
Google Search Trends for Provo, UT Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Provo, UT Apartments
Browse all 8 communities with daily-updated pricing and availability.