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RE Intelligence

Rental numbers for the Provo, UT metro

The typical home here runs -$2,103 a month at 7.78% with 25% down. 0 of 16 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 3.9%.

Gross yield
4.0%
typical home, Zillow
Median ZIP yield
3.9%
16 ZIPs with full data
Cash flow
-$2,103/mo
at 7.78%, 25% down
Typical price
$539,000
Zillow ZHVI, Aug 2026
Typical rent
$1,793/mo
Zillow ZORI, Aug 2026

ZIP codes in the metro

26 with published figures

84005Eagle Mountain$505,000$2,2505.3%3.0%-$1,467+3.0%
84043Lehi$578,000$2,3314.8%2.6%-$1,864+4.0%
84660Spanish Fork$514,000$2,0284.7%2.4%-$1,738+3.8%
84045Saratoga Springs$547,000$2,0464.5%2.3%-$1,901+0.0%
84606Provo$424,000$1,5674.4%2.1%-$1,560+7.0%
84013Cedar Fort$539,000$1,940*4.3%2.1%-$1,956n/a
84624Delta$348,000$1,220*4.2%1.7%-$1,375n/a
84059Vineyard$524,000$1,7774.1%1.8%-$2,017n/a
84601Provo$446,000$1,4704.0%1.7%-$1,774+2.0%
84663Springville$504,000$1,6594.0%1.7%-$2,009+2.9%
84057Orem$470,000$1,5013.8%1.7%-$1,882+4.9%
84058Orem$485,000$1,5053.7%1.6%-$1,979+0.5%
84651Payson$521,000$1,5843.6%1.5%-$2,178n/a
84629Fairview$414,000$1,240*3.6%1.4%-$1,760n/a
84062Pleasant Grove$583,000$1,7323.6%1.5%-$2,438+2.5%
84003American Fork$597,000$1,7693.5%1.5%-$2,489+0.4%
84604Provo$607,000$1,7713.5%1.4%-$2,580+4.3%
84633Goshen$451,000$1,240*3.3%1.1%-$2,013n/a
84648Nephi$451,000$1,220*3.3%1.1%-$2,025n/a
84097Orem$593,000$1,6033.2%1.2%-$2,598+6.6%
84664Mapleton$718,000$1,9003.2%1.1%-$3,209n/a
84655Genola$501,000$1,290*3.1%1.0%-$2,298n/a
84653Salem$638,000$1,550*2.9%0.9%-$2,968n/a
84042Lindon$728,000$1,510*2.5%0.6%-$3,563n/a
84645Mona$610,000$1,230*2.4%0.5%-$3,052n/a
84004Alpine$1,204,000$1,640*1.6%-0.1%-$6,580n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+1.8%
Rent, 12 months
+1.9%
Rent minus price growth
+0.2 pts
Property tax
0.46%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10010511011512020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$481,454$1,510
Aug 2022$555,168$1,682
Aug 2023$514,539$1,704
Aug 2024$519,350$1,743
Aug 2025$529,984$1,759
Aug 2026$539,276$1,793

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Questions

Is the Provo, UT metro good for rental property?
The typical home here runs -$2,103 a month at 7.78% with 25% down. 0 of 16 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 3.9%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
Which ZIP codes in the Provo, UT metro have the highest rental yield?
84005 (Eagle Mountain) at 5.3%, 84043 (Lehi) at 4.8%, 84660 (Spanish Fork) at 4.7%, on Zillow value and rent. The full table above sorts by any column.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.