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Average Rent in Provo, UT & Rent Trends

Rent prices and market trends across 7 apartment communities in Provo, UT. Updated daily.

Market Average

$1,566/mo

Lowest Available

$1,200/mo

cheapest unit on market

Communities

7

tracked daily

Units Listed

19

available now

Price Cuts This Week in Provo, UT

9 listed units across 5 buildings offering 2 bed units in Provo, UT dropped their asking rent in the past 7 days, an average cut of $295/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 12 $1,800 $1,225 $575
Country Springs Unit 4 $1,795 $1,529 $266
Parkway Lofts Unit 17, Lincoln $1,704 $1,460 $244
TPM, Inc. Unit 10 $2,000 $1,800 $200
TPM, Inc. Unit 8 $2,200 $2,000 $200
Lookout Pointe Unit 36230 $1,229 $1,099 $130
200 City View Unit 5, Rock Canyon $1,735 $1,699 $36
See today's prices on all 19 listed units

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 ▲  $28 $1,214 3 26
Provo Canyon $1,497 ▲  $22 $800 2 12
Provost South $1,494 $0 $1,494 1 1
Provo Bay $1,462 ▼  $45 $1,175 1 6

Is Rent Going Up or Down in Provo, UT?

As of September 2026, the average rent in Provo, UT is $1,566 per month across 7 apartment communities and 19 available units.

The most affordable option is TPM, Inc. starting at $1,200/mo. By unit type, a 2-bedroom averages $1,566/mo.

Prices range from $1,200 to $1,819 per month. The most common price point is the $1,400 range, where 9 units are currently listed.

Provo, UT Rent Price History

Timeframe
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.

Rent Price Distribution

Rent by Bedroom Type in Provo, UT

2 Bed
$1,566
from $1,200 · 19 units

Rent Prices by Apartment in Provo, UT

Property Starting at Average Units Rating
TPM, Inc. $1,200/mo $1,300/mo 2 2.8
Country Springs $1,399/mo $1,457/mo 5 4.1
Parkway Lofts $1,460/mo $1,671/mo 7 3.5
Lookout Pointe $1,469/mo $1,469/mo 1 3.7
Housing with Moxy, LLC $1,494/mo $1,494/mo 1 -
200 City View $1,699/mo $1,700/mo 2 4.1
Siena Villas Apartments $1,819/mo $1,819/mo 1 4.7

Frequently Asked Questions About Rent in Provo, UT

What is the average rent in Provo, UT?

The average rent in Provo, UT is $1,566 per month as of September 2026, based on 19 units across 7 apartment communities.

Is rent going up or down in Provo, UT?

The current average rent in Provo, UT is $1,566/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Provo, UT?

The most affordable apartment in Provo, UT is TPM, Inc. with units starting at $1,200/mo.

How many apartments are available in Provo, UT?

There are 19 units available across 7 apartment communities 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

$63,000/year

Based on the 30 percent rule, using our tracked average rent of $1,566/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 ($1,200/mo), you need to earn at least $48,000/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) $1,566
Utilities $461
Groceries $511
Transportation $1,099
Healthcare $536
Other goods and services $858
Estimated total $5,032/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.

Explore Provo, UT Apartments

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