Median rent for residential in as of Jun, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
17 Provo, UT, USA apartments for rent
Provo
Provo, UT has a population of 116,199, while the median age is 24. The household income in Provo, UT is around $44,312. The homeownership rate among the residents is 41%. The median residential property value in Provo, UT that you should keep in mind is $227,400.
| Population | 116,199 |
| Median Age | 23.7 |
| Poverty Rate | 25% |
| Household Income | $44,312 |
| Number Of Employees | 60,833 |
| Median Property Value | $227,400 |
Business & Economy
Wage by Common Jobs
Average salary in Provo, UT: $45,194
- 1. Miscellaneous managers$87,561
- 2. Registered nurses$63,425
- 3. Firstline supervisors of retail sales workers$51,529
- 4. Driver/sales workers & truck drivers$48,541
- 5. Elementary & middle school teachers$46,993
Highest Paid Occupations
Numbers claim that the highest paid jobs in Provo, UT are Legal Occupations, Health Diagnosing & Treating Practitioners & Other Technical Occupations, Management Occupations, Law Enforcement Workers Including Supervisors and Management, Business, Financial Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 1% recently, there must be a strong understanding of industries people of Provo, UT work in. The highest paid industries are Mining, Quarrying, Oil & Gas Extraction, Public Administration, Construction, Finance & Insurance and Professional, Scientific, Technical Services.
Demographics
Race & Ethnicity
According to latest census, Provo, UT is a home for 89% white residents. The second common group is other with 4% residents. The list of the most common racial or ethnic groups is closed by latino with 3% residents.
Non-English Speakers
Education
Past year Provo, UT universities awarded around 454,800 degrees. Statistics show that the population of students in Provo, UT includes 227,400 female students and 227,400 male students. Provo, UT offers private and public tuition with a median cost of $5,460 for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Brigham Young University-Provo with the majority of graduates. The Rocky Mountain University of Health Professions and Provo College hold the second and the third place respectively. The share of the public colleges in Provo, UT is 65 and 100 go to the private colleges.
Universities
- 1. Brigham Young University-Provo7,575 graduates
- 2. Rocky Mountain University of Health Professions174 graduates
- 3. Provo College141 graduates
Public vs Private
Health and Safety
Primary care physicians in Provo, UT see an average of 2,301 patients, dentists 1,641 patients, metal health providers 436 patients, and other healthcare providers 1,511 patients per year.
Transportation
Commute Time
Average travel time: 16.92 minutes
Commuter Transportation
Citizens of Provo, UT travel to their offices around 17 minutes lately and drove alone to get there. The rest of the residents carpooled and walked.
Housing Trends
Rent vs Own
How much is an apartment in Provo, UT, USA
Average rent in Provo: $1,619 (+45.5%)
| Rent Price | Jun | vs Last Month |
|---|---|---|
| 1 bed rentals | $428 | N/A |
| 2 bed rentals | $1,300 | -13.3% |
| 3 bed rentals | $1,849 | +25.4% |
| 4+ bed rentals | $1,800 | +5.9% |
Over the Jun 2022, the average rent for an apartment in/near Provo, UT increased by 45.5% to $1,619.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $428 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,300. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $1,849. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,800 for a big-family home.
| Rent Type Price | Jun | vs Last Month |
|---|---|---|
| House rentals | $1,900 | +76.7% |
| Condo rentals | $1,433 | +21.6% |
The median rent for a house is still $1,900 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $1,433.
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