In American Fork, a typical home is worth $496,700 and typical rent is $1,697 a month. Compared with all of Utah County, typical rent is 10% higher and the typical home value is 8% lower.
Typical home value from Zillow, September 2021 to September 2026: from $469,939 to $523,935.
Typical rent
$1,627a month
▼ 0.8% less than 12 months ago
Typical rent from Zillow, September 2022 to September 2026: from $1,599 to $1,627.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
American Fork is in Utah County. The FHA loan limit ($601,450 for a one-unit home), the fair market rents and the help on this page are those of all of Utah County. See the county
What homes there are in American Fork, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
American Fork
Utah County
Utah
United States
Kind of home: American Fork and its comparisons
Measure
American Fork
Utah County
Utah
United States
Detached house
61%
64%
67%
61%
Attached house
12%
11%
8%
6%
Building of 2 to 4
8%
7%
7%
8%
Apartments (5 or more)
18%
16%
16%
19%
Mobile home
Unreliable estimate
1%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In American Fork, 6 in 10 homes are single-family detached houses; in Utah County, 6.
Year built
Before 19601960–19791980–19992000–20092010 or later
American Fork
Utah County
Utah
United States
Year built: American Fork and its comparisons
Measure
American Fork
Utah County
Utah
United States
Before 1960
14%
10%
15%
26%
1960–1979
20%
15%
20%
24%
1980–1999
20%
23%
26%
25%
2000–2009
12%
22%
18%
14%
2010 or later
34%
29%
21%
11%
In American Fork, half of the homes were built before 1998; in Utah County, before 2001.
There are fewer big homes in American Fork than in Utah County: 73% have 3 bedrooms or more, against 78%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300K3%
$300K–$500K43%
$500K–$750K33%
$750K–$1M12%
$1M or more4%
Value of owner-occupied homes: American Fork and its comparisons
Measure
American Fork
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
3%
$300K–$500K
43%
$500K–$750K
33%
$750K–$1M
12%
$1M or more
4%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49926%
$1,500–$1,99943%
$2,000–$2,49918%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: American Fork and its comparisons
Measure
American Fork
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
26%
$1,500–$1,999
43%
$2,000–$2,499
18%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$2,001 a month
Utah County: $2,115 a month
Without a mortgage
$552 a month
Utah County: $570 a month
Owners with a mortgage
74%
Utah County: 73%
Owning costs less in American Fork: with a mortgage, the typical cost is $2,001 a month; in Utah County, $2,115. Without one, $552.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
American Fork+73%
Utah County+76%
Utah+75%
United States+53%
Typical rent
American Fork+45%
Utah County+45%
Utah+44%
United States+33%
Typical household income
American Fork+27%
Utah County+35%
Utah+33%
United States+29%
Change since 2015–2019: American Fork and its comparisons
Measure
American Fork
Utah County
Utah
United States
Typical home value
+73%
+76%
+75%
+53%
Typical rent
+45%
+45%
+44%
+33%
Typical household income
+27%
+35%
+33%
+29%
The typical home value in American Fork rose 73% since 2015–2019, less than in Utah County (76%).
Much as in Utah County, the typical rent in American Fork rose 45% since 2015–2019.
Housing prices ran ahead of income in American Fork: typical income rose 27%, against +73% for home values and +45% for rent.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: American Fork and its comparisons
Measure
American Fork
Utah County
Utah
United States
Rental vacancy
Unreliable estimate
2.7%
5.5%
5.5%
Homeowner vacancy
Unreliable estimate
0.6%
0.6%
0.9%
More than one person per room
5.2%
3.9%
3.1%
3.4%
People per household
3.19
3.39
2.97
2.53
Drive alone
69%
65%
67%
69%
Carpool
10%
10%
10%
9%
Public transit
Unreliable estimate
2%
2%
3%
Walk or bike
Unreliable estimate
3%
3%
3%
Work from home
18%
19%
18%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
Unreliable estimate
20 to 29 minutes
More than one person per room: that is how 5.2% of households in American Fork live, more than in Utah County (3.9%).
Households in American Fork are smaller: 3.19 people on average; in Utah County, 3.39.
In American Fork, 69% of workers drive alone to work; in Utah County, 65%.
Do the math
What would you pay each month for a home in American Fork?
A typical home costs more than the typical income allows
We start with a typical home in American Fork, worth $496,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 48% of the typical household income in American Fork, which is $98,878 a year. For that payment to be 28% of income, a household would need to earn about $168,039 a year.
The calculator's FHA and conventional loan limits are those of all of Utah County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in American Fork. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $17,385 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,921
at 7.18% · 30 years
Loan amount
$487,703
Total interest
$701,690
Paid off in
November 2056
Includes $8,388 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,307 a month
Tight
$2,307 to $2,966 a month
Hard
more than $2,966 a month
Your payment · 48%
Compared with the typical household income in American Fork ($98,878 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,304
Property tax
$190
Home insurance
$207
FHA mortgage insurance (MIP)
$220
You need at least $17,385 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,921; principal and interest $3,304.
The city and its county
American Fork and Utah County
American Fork is in Utah County, Utah. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
American Fork
Map of Utah County, Utah, with American Fork marked. Around it, the neighboring counties.
American Fork
Utah County
Other cities with a page
American Fork's own numbers
Typical home value
$496,700
Typical monthly rent
$1,697
Typical yearly household income
$98,878
Households that own their home
66%
Effective property tax rate
0.46%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Utah County
FHA limit, one-unit home
$601,450
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,363
Price change over 5 years (FHFA)
+54%
Homes in a high flood-risk zone
0.5%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Utah County.
A typical home in American Fork is worth $496,700: 8% below the county and about the same as Utah. With the typical household income in American Fork ($98,878 a year), a typical home costs 5.0 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
American Fork5.0 years
Utah5.4 years
Utah5.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Utah County
According to FHFA’s house price index, home prices in Utah County rose 119% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Utah County.
Yearly change in FHFA’s price index in Utah County, 2016 to 2025
2016: +7.6% +7.6% 2016
2017: +8.7% +8.7% 2017
2018: +8.5% +8.5% 2018
2019: +7.1% +7.1% 2019
2020: +5.1% +5.1% 2020
2021: +19.3% +19.3% 2021
2022: +20.7% +20.7% 2022
2023: −0.1% −0.1% 2023
2024: +4.0% +4.0% 2024
2025: +2.8% +2.8% 2025
Change in FHFA’s price index in Utah County, Utah and the United States
Period
County
Utah
U.S.
Last year (2025)
+2.8%
+2.4%
+2.9%
5 years (2020–2025)
+54%
+53%
+47%
10 years (2015–2025)
+119%
+121%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
American Fork next to Utah County, Utah and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
American Fork$496,700
Utah$538,700
Utah$489,400
United States$332,700
Typical monthly rent
American Fork$1,697
Utah$1,541
Utah$1,496
United States$1,413
Typical yearly household income
American Fork$98,878
Utah$100,671
Utah$95,166
United States$80,734
See the full table
American Fork next to Utah County and Utah
Measure
American Fork
Utah County
Utah
U.S.
Typical home value
$496,700 ▼8% below the county
$538,700
$489,400
$332,700
Typical monthly rent
$1,697 ▲10% above the county
$1,541
$1,496
$1,413
Typical yearly household income
$98,878
$100,671
$95,166
$80,734
Households that own their home
66% ▼2 points below the county
68%
70%
65%
Typical yearly property tax
$2,270 ▼4% below the county
$2,370
$2,525
$3,119
Effective property tax rate
0.46% ▲0.02 points above the county
0.44%
0.52%
0.94%
Renters with high rent for their income
41% ▼4 points below the county
45%
47%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Utah County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in American Fork
For a typical $496,700 home in American Fork, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, American Fork's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,921a month
Least cash to close
Down payment
$17,385
Cash to close
$32,286
Rate
7.18%
Mortgage insurance
FHA MIP · $220
Conventional, 5% down$3,830a month
Down payment
$24,835
Cash to close
$39,736
Rate
7.18%
Mortgage insurance
PMI · $236
Conventional, 20% down, no PMI$3,089a month
Down payment
$99,340
Cash to close
$114,241
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,548a month
Down payment
$74,505
Cash to close
$89,406
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in American Fork
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,921
$17,385
$487,704
7.18%
FHA MIP · $220
$32,286
580
Conventional, 5% down
$3,830
$24,835
$471,865
7.18%
PMI · $236
$39,736
620*
Conventional, 20% down, no PMI
$3,089
$99,340
$397,360
7.18%
None
$114,241
620*
ITIN, 15% down (example)
$3,548
$74,505
$422,195
8.18%
None
$89,406
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in American Fork is $1,697 a month: 10% above the county. In American Fork, 41% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Utah County, by unit size. To pay the 2-bedroom one ($1,363 a month) without spending more than 30% of your income, you would need to earn $26.21 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Utah County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,186
$22.81
$47,440
1 bedroom
$1,192
$22.92
$47,680
2 bedrooms
$1,363
$26.21
$54,520
3 bedrooms
$1,887
$36.29
$75,480
4 bedrooms
$2,278
$43.81
$91,120
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in American Fork
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). American Fork is in ZIP code 84003.
For 2 bedrooms it is $1,560: $197 more than the fair market rent for Utah County ($1,363).
Fair market rent by ZIP code and size in American Fork, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
84003
$1,360
$1,360
$1,560
$2,160
$2,610
ZIP code2 bd3 bd
84003 $1,560$2,160
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for American Fork when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 3 buildings with rents for lower incomes in American Fork. These are the largest.
Maple Village Apts445 E 500 S, American Fork 8400340 low-income homes · For families(855) 912-8543
Pacific Drive559 W Pacific Court Cir, American Fork 8400326 homes, 18 low-income · 1 bd: 24 · In service since 2018 · For older adults, people experiencing homelessness
Rosewood Place27 N 300 E, American Fork 8400312 low-income homes · 1 bd: 12 · In service since 2011 · For older adults
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 2 HUD-approved agencies with an office in Utah County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for American Fork or Utah County. The ones below are statewide in Utah: they work in American Fork the same as in the rest of the state.
Utah state agency second mortgage for the down payment or closing costs alongside its first mortgage: up to 6% of the loan with monthly payments, or up to 3.5% at 3.5% with deferred interest and no payments; capped at $27,500.Offered by Utah Housing Corporation (UHC).
Utah state loan, run by Utah Housing, of up to $20,000 with no interest or monthly payments for the down payment, closing costs or a lower rate; only for first-time buyers of a newly built home with a Utah Housing mortgage.Offered by Utah Housing Corporation (UHC).
The HUD-approved agencies closest to the center of American Fork, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for American Fork or Utah County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for American Fork and all of Utah County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in American Fork?
The typical home value in American Fork is $496,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Utah County it is $538,700.
How much does it cost to rent in American Fork?
Typical rent in American Fork is $1,697 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Utah County is $1,363.
What is the FHA loan limit in American Fork?
American Fork uses the FHA limit for all of Utah County (2026): $601,450 for a one-unit home and $1,156,650 for a four-unit home.
How much property tax do owners pay in American Fork?
The typical homeowner in American Fork pays $2,270 a year, according to the U.S. Census Bureau. That is 0.46% of the home’s value; in Utah County, the rate is 0.44%.
Where can I find free help to buy or rent in American Fork?
There are 2 HUD-approved counseling agencies with an office in Utah County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
