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City · 8,248 residents · Carbon County, Utah

Price , Utah

In Price, a typical home is worth $225,600 and typical rent is $855 a month. Compared with all of Carbon County, typical household income is 9% lower and the share of households that own their home is 7 points lower.

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  • Typical home value

    $225,600

    About the same as the county

    54% below Utah

    • Price
    • Carbon
    • Utah

  • Typical rent

    $855a month

    About the same as the county

    43% below Utah

    • Price
    • Carbon
    • Utah

  • Typical household income

    $53,203a year

    9% below the county

    44% below Utah

    • Price
    • Carbon
    • Utah

  • Households that own their home

    61%

    7 points below the county

    9 points below Utah

    • Price
    • Carbon
    • Utah

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$308,601
2.4% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Price is in Carbon County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Carbon County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Price apart

What this place has that others do not, from public data, most unusual first.

  1. Price has the lowest typical household income of the 97 cities in Utah with more than 5,000 people: $53,203.

  2. Price has the lowest typical home value of the 97 cities in Utah with more than 5,000 people: $225,600.

  3. Price has the 2nd lowest typical rent of the 96 cities in Utah with more than 5,000 people ($855).

  4. 61% of households in Price own their home, against 68% in Carbon County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Price

What homes there are in Price, 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 houses are the majority in Price (66%), but less so than in Carbon County (75%).

Year built

By age, homes in Price look like those in Carbon County: the typical year built is 1973.

There are fewer big homes in Price than in Carbon County: 62% have 3 bedrooms or more, against 67%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA limit for Carbon County is high ($541,287): at least 98% of owner-occupied homes in Price are worth less than $500,000.

Monthly rent with utilities

With a mortgage

$1,200 a month

Carbon County: $1,264 a month

Without a mortgage

$473 a month

Carbon County: $446 a month

Owners with a mortgage

54%

Carbon County: 55%

Owning costs less in Price: with a mortgage, the typical cost is $1,200 a month; in Carbon County, $1,264. Without one, $473.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Price rose 56% since 2015–2019, less than in Carbon County (62%).

Rents in Price rose at about the same pace as in Carbon County: 28% since 2015–2019, against 30%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasurePriceCarbon CountyUtahUnited States
Rental vacancy Unreliable estimate7.7%5.5%5.5%
Homeowner vacancy Unreliable estimate1.7%0.6%0.9%
More than one person per room Unreliable estimateUnreliable estimate3.1%3.4%
People per household 2.402.482.972.53
Drive alone 76%78%67%69%
Carpool 13%13%10%9%
Public transit Unreliable estimateUnreliable estimate2%3%
Walk or bike Unreliable estimateUnreliable estimate3%3%
Work from home 6%6%18%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimate10 to 19 minutesUnreliable estimate20 to 29 minutes

A household in Price has 2.40 people on average, about the same as in Carbon County (2.48).

To get to work, 76% of workers in Price drive alone; in Carbon County, 78%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Price?

A typical home costs more than the typical income allows

We start with a typical home in Price, worth $225,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 41% of the typical household income in Price, which is $53,203 a year. For that payment to be 28% of income, a household would need to earn about $77,773 a year.

The calculator's FHA and conventional loan limits are those of all of Carbon County.

Your numbers

Local data
$

Starts at the typical home value in Price. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $7,896 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,815

at 7.18% · 30 years

Loan amount
$221,514
Total interest
$318,706
Paid off in
November 2056

Includes $3,810 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,241 a month

  • Tight

    $1,241 to $1,596 a month

  • Hard

    more than $1,596 a month

    Your payment · 41%

Compared with the typical household income in Price ($53,203 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,815
Principal & interest$1,501
Property tax$120
Home insurance$94
FHA mortgage insurance (MIP)$100

You need at least $7,896 for the down payment, plus closing costs.

Next step

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.

The city and its county

Price and Carbon County

Price is in Carbon 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).

Price's own numbers

Typical home value
$225,600
Typical monthly rent
$855
Typical yearly household income
$53,203
Households that own their home
61%
Effective property tax rate
0.64%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Carbon County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,014
Price change over 5 years (FHFA)
+74%
Homes in a high flood-risk zone
4.1%

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 Carbon County.

Everything about Carbon County

Buying

Buying a home in Price

A typical home in Price is worth $225,600: about the same as the county and 54% below Utah. With the typical household income in Price ($53,203 a year), a typical home costs 4.2 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.

  • Price 4.2 years
  • Carbon 3.9 years
  • Utah 5.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Carbon County

According to FHFA’s house price index, home prices in Carbon County rose 111% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Carbon County.

Period County Utah U.S.
Last year (2025) +3.4% +2.4% +2.9%
5 years (2020–2025) +74% +53% +47%
10 years (2015–2025) +111% +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

Price next to Carbon 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
  • Price $225,600
  • Carbon $228,500
  • Utah $489,400
  • United States $332,700
Typical monthly rent
  • Price $855
  • Carbon $870
  • Utah $1,496
  • United States $1,413
Typical yearly household income
  • Price $53,203
  • Carbon $58,377
  • Utah $95,166
  • United States $80,734
See the full table
Price next to Carbon County and Utah
Measure Price Carbon County Utah U.S.
Typical home value $225,600 $228,500 $489,400 $332,700
Typical monthly rent $855 $870 $1,496 $1,413
Typical yearly household income $53,203 $58,377 $95,166 $80,734
Households that own their home 61% 68% 70% 65%
Typical yearly property tax $1,438 $1,394 $2,525 $3,119
Effective property tax rate 0.64% 0.61% 0.52% 0.94%
Renters with high rent for their income 50% 50% 47% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Carbon 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 Price

For a typical $225,600 home in Price, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Price's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,815a month

    Least cash to close
    Down payment
    $7,896
    Cash to close
    $14,664
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $100

  • Conventional, 5% down $1,773a month

    Down payment
    $11,280
    Cash to close
    $18,048
    Rate
    7.18%
    Mortgage insurance
    PMI · $107

  • Conventional, 20% down, no PMI $1,437a month

    Down payment
    $45,120
    Cash to close
    $51,888
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,646a month

    Down payment
    $33,840
    Cash to close
    $40,608
    Rate
    8.18%
    Mortgage insurance
    None

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.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Price and for Carbon County.

Property tax

Effective rate in Price

0.64%of the home’s value each year

$1,438 a year for the typical owner in Price.

  • Price 0.64%
  • Carbon 0.61%
  • Utah 0.52%

What Utah publishes Primary residential exemption (45 percent of value) (Utah State Legislature (Utah Code))

Exemptions and deadlines in Utah

Flood risk in Carbon County

FEMA does not publish these numbers by city: they are for all of Carbon County.

Homes in the high-risk zone
4.1%
327
Of those, with NFIP insurance
9.8%
County Utah U.S.
Homes in the high-risk zone 4.1% 0.8% 3.5%
Of those, with NFIP insurance 9.8% 16% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Price

Typical rent in Price is $855 a month: about the same as the county. In Price, 50% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Carbon County, by unit size. To pay the 2-bedroom one ($1,014 a month) without spending more than 30% of your income, you would need to earn $19.50 an hour working full time.

HUD fair market rent for all of Carbon County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $730 $14.04 $29,200
1 bedroom $808 $15.54 $32,320
2 bedrooms $1,014 $19.50 $40,560
3 bedrooms $1,277 $24.56 $51,080
4 bedrooms $1,616 $31.08 $64,640

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 Price

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Price is in ZIP code 84501.

For 2 bedrooms it is $1,060: $46 more than the fair market rent for Carbon County ($1,014).

  • 84501 $1,060$1,340

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Price 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 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Price

HUD lists 10 buildings with rents for lower incomes in Price. These are the largest.

  • Carbon County 251 S 1600 E, Price 84501 121 low-income homes · Run by Housing Authority of Carbon-Emery County · Average payment: $392 a month · Average wait: 6 months (435) 637-5170
  • Eastgate Apts. 1170 E Main St, Price 84501 72 homes, 71 low-income · 1 bd: 14 · 2 bd: 34 · 3 bd: 16 · 4 bd: 8 · In service since 2014
  • Newhouse & Avalon House Apts. 11 W Main St, Price 84501 51 low-income homes · Studio: 44 · 1 bd: 3 · 2 bd: 4 · In service since 2010
  • Wedgewood Villa 530 W 200 S, Price 84501 50 low-income homes · For older adults (435) 637-1811
  • Roscrea Apts. 1680 E 300 S, Price 84501 48 low-income homes · 2 bd: 24 · 3 bd: 24 · In service since 2000

See all 10 buildings in Carbon County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Price

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.

We found no HUD-approved agencies with an office in Carbon County. The nearest ones are below; many serve by phone or online.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Price

No down payment, repair or rent-help program on our list is for Price or Carbon County. The ones below are statewide in Utah: they work in Price the same as in the rest of the state.

Which programs do I qualify for? All programs in Utah

  • Utah Housing Down Payment Assistance Second Mortgage

    Statewide in Utah

    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).

    RepayableDeferred

    See the program Official page

  • First-time Homebuyer Assistance Program

    Statewide in Utah

    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).

    Deferred

    See the program Official page

Housing counselors near Price

The HUD-approved agencies closest to the center of Price, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Community Action Services

    815 S Freedom Blvd, Provo · 63 miles away · Spanish

    Also serves in Vietnamese.

    • Budget and financial counseling
    • Budget and credit workshops
    • and 2 more
    (801) 373-8200

  • Neighborworks Mountain Country Home Solutions

    1031 W Center St Ste 302, Orem · 68 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (801) 375-5820

  • Utah State University-Salt Lake County Extension

    2001 South State Street, Salt Lake City · 96 miles away

    • Homebuyer education workshops
    (385) 468-4830

All counseling agencies in Utah

Help in Spanish near Price

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Price

In HUD’s record, no housing authority with an office in Carbon County is named for Price or Carbon County.

One other authority has an office in Carbon County: see the list Source: HUD

Cities

Nearby cities

The cities closest to Price, with the typical home value.

Everything about Carbon County Housing in Utah

Neighboring counties

If Carbon County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Price.

All guides
A mother holds her laughing daughter on a grey sofa.

Questions

Housing questions about Price

Short answers with the numbers for Price and all of Carbon 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 Price?

The typical home value in Price is $225,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Carbon County it is $228,500.

How much does it cost to rent in Price?

Typical rent in Price is $855 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Carbon County is $1,014.

What is the FHA loan limit in Price?

Price uses the FHA limit for all of Carbon County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Price?

The typical homeowner in Price pays $1,438 a year, according to the U.S. Census Bureau. That is 0.64% of the home’s value; in Carbon County, the rate is 0.61%.

Where can I find free help to buy or rent in Price?

We found no HUD-approved counseling agencies with an office in Carbon County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).