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
$1,501/mo
Lowest Available
$800/mo
cheapest unit on market
Communities
8
tracked daily
Units Listed
49
available now
Price Cuts This Week in Provo, UT
29 listed units across 5 buildings in Provo, UT dropped their asking rent in the past 7 days, an average cut of $183/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| TPM, Inc. | Unit 11 | $2,200 | $1,225 | $975 |
| TPM, Inc. | Unit 13 | $1,750 | $1,225 | $525 |
| TPM, Inc. | Unit 10 | $2,000 | $1,800 | $200 |
| TPM, Inc. | Unit 8 | $2,200 | $2,000 | $200 |
| Parkway Lofts | Unit 11, Skyline | $1,504 | $1,334 | $170 |
| Parkway Lofts | Unit 13, 2 Bedroom | $1,909 | $1,739 | $170 |
| Parkway Lofts | Unit 14, Legacy | $1,909 | $1,739 | $170 |
| Parkway Lofts | Unit 16, Legacy (g) | $1,949 | $1,779 | $170 |
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 |
|---|---|---|---|---|---|
| Sunset Heights | $1,546 | ▲ $10 | $1,214 | 3 | 26 |
| Provo Canyon | $1,497 | ▲ $27 | $800 | 2 | 12 |
| Provost South | $1,494 | $0 | $1,494 | 1 | 1 |
| Provo Bay | $1,462 | ▼ $28 | $1,175 | 1 | 6 |
Is Rent Going Up or Down in Provo, UT?
As of September 2026, the average rent in Provo, UT is $1,501 per month across 8 apartment communities and 49 available units.
The most affordable option is TPM, Inc. starting at $800/mo. By unit type, a studio averages $1,218/mo, a 1-bedroom averages $1,308/mo, a 2-bedroom averages $1,542/mo, a 3-bedroom averages $1,722/mo, a 4-bedroom averages $2,100/mo.
Prices range from $800 to $2,300 per month. The most common price point is the $1,400 range, where 18 units are currently listed.
Provo, UT Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,449 | - | 8 |
| August 2026 | $1,490 | +$41 | 8 |
| September 2026 | $1,508 | +$18 | 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 |
|---|---|---|---|---|
| TPM, Inc. | $800/mo | $1,511/mo | 11 | 2.8 |
| Lookout Pointe | $1,099/mo | $1,284/mo | 2 | 3.7 |
| 200 City View | $1,175/mo | $1,462/mo | 6 | 4.1 |
| Parkway Lofts | $1,214/mo | $1,555/mo | 20 | 3.5 |
| Ascent at Union Square | $1,225/mo | $1,324/mo | 3 | 3.2 |
| Country Springs | $1,399/mo | $1,457/mo | 5 | 4.1 |
| Housing with Moxy, LLC | $1,494/mo | $1,494/mo | 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
$60,000/year
Based on the 30 percent rule, using our tracked average rent of $1,501/mo.
Comfortable income
$72,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($800/mo), you need to earn at least $32,000/year.
Median household income in Provo, UT is $62,800 , about 13% 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) | $1,501 |
| Utilities | $461 |
| Groceries | $511 |
| Transportation | $1,099 |
| Healthcare | $536 |
| Other goods and services | $858 |
| Estimated total | $4,967/mo |
Population
114,303
Median household income
$62,800
Census median rent
$1,152/mo
Census rent burden
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.