Rental Markets in Utah

DoorBase tracks rental market data across Utah by ZIP code. This state page is a crawlable index for investors comparing rents, cap-rate estimates, vacancy, demographics, home values, renter share, household income, and employment conditions before drilling into individual ZIP pages.

Utah Rental Market Overview

The current sample of indexable Utah ZIP markets shows average median rent of $1,777, average median home value of $561,924, average cap-rate high of 3.1%, average vacancy of 5.8%, renter ratio near 30.3%, and median household income around $94,226. These statewide figures are directional and should be used to compare markets before reviewing a specific ZIP code.

Utah is not one rental market. Large cities, inner suburbs, commuter towns, college markets, rural counties, resort areas, and industrial corridors can produce very different rent levels and ownership economics. DoorBase keeps the canonical content at the ZIP level so investors can move from a broad state view into the most precise local data available.

Featured Utah ZIP Markets

ZIP	City	Rent	Cap Rate	Vacancy	Population
84043	Lehi	$2,331	2.1-3.7%	2.4%	81,839
84015	Clearfield	$1,741	1.9-3.5%	3.2%	70,730
84404	Ogden	$1,601	1.9-3.5%	4.2%	65,875
84074	Tooele	$1,555	1.6-3.2%	2.8%	57,470
84003	American Fork	$1,769	1.3-2.9%	4.6%	55,259
84041	Layton	$1,557	1.5-3.1%	3.7%	54,750
84790	St. George	$1,896	1.7-3.3%	11.8%	54,353
84119	Salt Lake City	$1,492	1.7-3.3%	6.3%	50,745
84120	Salt Lake City	$1,832	2-3.6%	4.7%	50,589
84065	Riverton	$2,235	1.7-3.3%	1.3%	50,284
84020	Draper	$1,704	0.7-2.3%	3.2%	50,159
84321	Logan	$1,314	1.5-3.1%	6.9%	49,811
84062	Pleasant Grove	$1,732	1.3-2.9%	3.7%	47,489
84770	St. George	$1,677	1.7-3.3%	18.7%	47,226
84660	Spanish Fork	$2,028	2-3.6%	2.5%	47,004
84401	Ogden	$1,432	1.6-3.2%	7.6%	46,784
84010	Bountiful	$1,612	1.2-2.8%	5.5%	46,666
84604	Provo	$1,771	1.3-2.9%	8.2%	43,749
84118	Salt Lake City	$2,462	3.2-4.8%	1.7%	41,969
84037	Kaysville	$1,911	1.2-2.8%	1.6%	39,316
84121	Salt Lake City	$1,760	0.9-2.5%	8%	39,204
84088	West Jordan	$1,647	1.3-2.9%	3.6%	38,915
84067	Roy	$1,658	2-3.6%	3.3%	38,795
84095	South Jordan	$2,162	1.3-2.9%	1.8%	38,240
84057	Orem	$1,501	1.5-3.1%	3.8%	37,620
84107	Salt Lake City	$1,412	1.2-2.8%	5.3%	37,548
84403	Ogden	$1,420	1.5-3.1%	5.4%	37,244
84116	Salt Lake City	$1,258	1.2-2.8%	7.5%	37,136
84123	Salt Lake City	$1,466	1.2-2.8%	4.8%	36,913
84047	Midvale	$1,571	1.6-3.2%	5.8%	36,573
84606	Provo	$1,567	1.9-3.5%	5.4%	35,931
84663	Springville	$1,659	1.6-3.2%	2.9%	35,889
84405	Ogden	$1,411	1.4-3%	3.4%	34,931
84058	Orem	$1,505	1.4-3%	5.3%	34,706
84075	Syracuse	$2,077	1.8-3.4%	3.4%	34,118
84106	Salt Lake City	$1,887	1.5-3.1%	7.7%	33,791
84414	Ogden	$1,811	1.6-3.2%	1.5%	33,288
84601	Provo	$1,470	1.6-3.2%	4%	32,871
84128	Salt Lake City	$1,892	2-3.6%	2.3%	32,072
84084	West Jordan	$1,404	1.2-2.8%	3.6%	31,389
84780	Washington	$1,819	1.6-3.2%	17.4%	30,709
84078	Vernal	$1,498	2.2-3.8%	11.6%	30,669
84070	Sandy	$1,610	1.4-3%	6.7%	30,348
84721	Cedar City	$1,503	1.8-3.4%	7%	29,635
84651	Payson	$1,584	1.4-3%	3.5%	29,502
84044	Magna	$1,606	1.8-3.4%	2%	29,488
84115	Salt Lake City	$1,551	1.7-3.3%	8.5%	28,411
84094	Sandy	$1,741	1.5-3.1%	1.7%	28,277
84040	Layton	$2,219	1.9-3.5%	2.4%	28,269
84092	Sandy	$2,642	1.4-3%	7.5%	28,162
84302	Brigham City	$1,619	1.9-3.5%	4.5%	26,711
84109	Salt Lake City	$2,293	1.2-2.8%	9.3%	25,879
84341	Logan	$1,537	1.5-3.1%	2.6%	25,791
84032	Heber City	$2,647	1.4-3%	18%	25,328
84025	Farmington	$1,717	1-2.6%	3.4%	25,055
84117	Salt Lake City	$1,585	0.8-2.4%	7.7%	24,873
84720	Cedar City	$1,451	1.6-3.2%	7.5%	24,323
84104	Salt Lake City	$1,426	1.7-3.3%	5.5%	24,057
84093	Sandy	$2,424	1.4-3%	3.2%	23,998
84103	Salt Lake City	$1,648	0.8-2.4%	8.1%	23,796

Notable ZIP Markets in This Sample

The highest estimated cap-rate band in this sample tops out at 4.8% in ZIP 84118 (Salt Lake City).

The lowest vacancy in this sample is 1.2% in ZIP 84655 (Santaquin).

The highest median rent in this sample is $3,784 in ZIP 84098 (Park City).

The highest median household income in this sample is $171,151 in ZIP 84098 (Park City).

Rental Markets by City

Salt Lake City

Salt Lake City has 19 ZIP codes in this sample. Median rents range from $1,258 to $2,635. Estimated cap-rate bands reach up to 4.8% at the high end. Vacancy averages 6.9%. See ZIP 84119 for the full market profile.

Ogden

Ogden has 5 ZIP codes in this sample. Median rents range from $1,411 to $1,811. Estimated cap-rate bands reach up to 3.5% at the high end. Vacancy averages 4.4%. See ZIP 84404 for the full market profile.

Sandy

Sandy has 4 ZIP codes in this sample. Median rents range from $1,610 to $2,642. Estimated cap-rate bands reach up to 3.1% at the high end. Vacancy averages 4.8%. See ZIP 84070 for the full market profile.

Orem

Orem has 4 ZIP codes in this sample. Median rents range from $1,501 to $1,777. Estimated cap-rate bands reach up to 3.2% at the high end. Vacancy averages 3.8%. See ZIP 84057 for the full market profile.

Provo

Provo has 3 ZIP codes in this sample. Median rents range from $1,470 to $1,771. Estimated cap-rate bands reach up to 3.5% at the high end. Vacancy averages 5.9%. See ZIP 84604 for the full market profile.

St. George

St. George has 2 ZIP codes in this sample. Median rents range from $1,677 to $1,896. Estimated cap-rate bands reach up to 3.3% at the high end. Vacancy averages 15.3%. See ZIP 84790 for the full market profile.

Layton

Layton has 2 ZIP codes in this sample. Median rents range from $1,557 to $2,219. Estimated cap-rate bands reach up to 3.5% at the high end. Vacancy averages 3.0%. See ZIP 84041 for the full market profile.

Logan

Logan has 2 ZIP codes in this sample. Median rents range from $1,314 to $1,537. Estimated cap-rate bands reach up to 3.1% at the high end. Vacancy averages 4.8%. See ZIP 84321 for the full market profile.

West Jordan

West Jordan has 2 ZIP codes in this sample. Median rents range from $1,404 to $1,647. Estimated cap-rate bands reach up to 2.9% at the high end. Vacancy averages 3.6%. See ZIP 84088 for the full market profile.

Cedar City

Cedar City has 2 ZIP codes in this sample. Median rents range from $1,451 to $1,503. Estimated cap-rate bands reach up to 3.4% at the high end. Vacancy averages 7.3%. See ZIP 84721 for the full market profile.

Lehi

Lehi has 1 ZIP code in this sample. Sample median rent is $2,331. Estimated cap-rate bands reach up to 3.7% at the high end. Vacancy averages 2.4%. See ZIP 84043 for the full market profile.

Clearfield

Clearfield has 1 ZIP code in this sample. Sample median rent is $1,741. Estimated cap-rate bands reach up to 3.5% at the high end. Vacancy averages 3.2%. See ZIP 84015 for the full market profile.

How to Use the Utah Directory

Start with the state page to understand the range of rental markets, then open individual ZIP pages for the numbers that matter most to underwriting. A state average can hide important local differences. One ZIP may have stronger rent growth and lower vacancy while a nearby ZIP has better purchase prices but weaker renter demand.

The most useful investor workflow is to compare rent, cap rate, vacancy, home value, renter ratio, household income, population growth, unemployment, and job growth together. No single number is enough. A high cap-rate estimate can be offset by weak income, high vacancy, or limited tenant demand. A lower cap-rate estimate can still make sense if the market has strong income, job growth, and durable renter demand.

State Coverage and Internal Links

This page links into the canonical ZIP URL structure, such as /rentals/ut/30318, without bringing back city parent pages. That structure keeps DoorBase clean for search engines: state pages organize the directory, ZIP pages hold the canonical data, and future market guides can exist separately as heavier editorial SEO hubs.

DoorBase currently tracks 80 sampled ZIP markets across 45 Utah cities in this crawlable state summary. The live React page may show a broader interactive directory after JavaScript loads, while this fallback body ensures crawlers receive meaningful text and links immediately.