In Provo, a typical home is worth $467,200 and typical rent is $1,193 a month. Compared with all of Utah County, typical household income is 36% lower, typical rent is 23% lower, and the share of households that own their home is 29 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $419,412 to $478,876.
Typical rent
$1,575a month
▲ 3.8% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,234 to $1,575.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Provo 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 this place has that others do not, from public data, most unusual first.
1
39% of households in Provo own their home, against 68% in Utah County.
2
Provo has the 5th lowest typical household income of the 97 cities in Utah with more than 5,000 people ($64,171).
3
The typical rent in Provo is $1,193 a month, 23% less than in Utah County as a whole ($1,541).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Provo
What homes there are in Provo, 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
Provo
Utah County
Utah
United States
Kind of home: Provo and its comparisons
Measure
Provo
Utah County
Utah
United States
Detached house
38%
64%
67%
61%
Attached house
10%
11%
8%
6%
Building of 2 to 4
14%
7%
7%
8%
Apartments (5 or more)
36%
16%
16%
19%
Mobile home
2%
1%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Provo there is a bit of everything: no kind of home reaches half. The most common are detached houses (38%); in Utah County, 64%.
Year built
Before 19601960–19791980–19992000–20092010 or later
Provo
Utah County
Utah
United States
Year built: Provo and its comparisons
Measure
Provo
Utah County
Utah
United States
Before 1960
19%
10%
15%
26%
1960–1979
27%
15%
20%
24%
1980–1999
32%
23%
26%
25%
2000–2009
12%
22%
18%
14%
2010 or later
10%
29%
21%
11%
Homes in Provo are older: the typical year built is 1983; in Utah County, 2001.
Homes in Provo are smaller: 57% have 3 bedrooms or more; in Utah County, 78%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limit
Under $100K5%
$100K–$200K2%
$200K–$300K7%
$300K–$500K44%
$500K–$750K28%
FHA limit: $601,450
$750K–$1M9%
$1M or more5%
Value of owner-occupied homes: Provo and its comparisons
Measure
Provo
Under $100K
5%
$100K–$200K
2%
$200K–$300K
7%
$300K–$500K
44%
$500K–$750K
28%
$750K–$1M
9%
$1M or more
5%
The FHA loan limit for Utah County is $601,450, and about 69% of owner-occupied homes in Provo are worth less than that.
Monthly rent with utilities
Under the limitOver the limit
Under $5005%
$500–$99927%
$1,000–$1,49938%
HUD fair market rent, 2 bedrooms: $1,363
$1,500–$1,99917%
$2,000–$2,4999%
$2,500–$2,9994%
$3,000 or more1%
Monthly rent with utilities: Provo and its comparisons
Measure
Provo
Under $500
5%
$500–$999
27%
$1,000–$1,499
38%
$1,500–$1,999
17%
$2,000–$2,499
9%
$2,500–$2,999
4%
$3,000 or more
1%
About 59% of rented homes in Provo cost less than HUD's 2-bedroom fair market rent for Utah County ($1,363); the rest cost more.
With a mortgage
$1,960 a month
Utah County: $2,115 a month
Without a mortgage
$618 a month
Utah County: $570 a month
Owners with a mortgage
64%
Utah County: 73%
Owning costs less in Provo: with a mortgage, the typical cost is $1,960 a month; in Utah County, $2,115. Without one, $618.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Provo+72%
Utah County+76%
Utah+75%
United States+53%
Typical rent
Provo+36%
Utah County+45%
Utah+44%
United States+33%
Typical household income
Provo+31%
Utah County+35%
Utah+33%
United States+29%
Change since 2015–2019: Provo and its comparisons
Measure
Provo
Utah County
Utah
United States
Typical home value
+72%
+76%
+75%
+53%
Typical rent
+36%
+45%
+44%
+33%
Typical household income
+31%
+35%
+33%
+29%
From 2015–2019 to 2020–2024, the typical home value in Provo rose 72%; in Utah County, it rose 76%.
The typical rent in Provo rose 36% over the same time; in Utah County, it rose 45%.
Housing prices ran ahead of income in Provo: typical income rose 31%, against +72% for home values and +36% for rent.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Provo and its comparisons
Measure
Provo
Utah County
Utah
United States
Rental vacancy
2.6%
2.7%
5.5%
5.5%
Homeowner vacancy
Unreliable estimate
0.6%
0.6%
0.9%
More than one person per room
7.6%
3.9%
3.1%
3.4%
People per household
3.02
3.39
2.97
2.53
Drive alone
57%
65%
67%
69%
Carpool
10%
10%
10%
9%
Public transit
5%
2%
2%
3%
Walk or bike
11%
3%
3%
3%
Work from home
16%
19%
18%
15%
Other means
1%
1%
1%
2%
Typical commute
10 to 19 minutes
Unreliable estimate
Unreliable estimate
20 to 29 minutes
Open rentals in Provo look like those in Utah County: the rental vacancy rate is 2.6%.
In Provo, 7.6% of households live with more than one person per room, against 3.9% in Utah County.
Households in Provo are smaller: 3.02 people on average; in Utah County, 3.39.
Many here get to work on foot or by bike: 11%, more than in Utah County (3%).
Do the math
What would you pay each month for a home in Provo?
A typical home costs more than the typical income allows
We start with a typical home in Provo, worth $467,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 69% of the typical household income in Provo, which is $64,171 a year. For that payment to be 28% of income, a household would need to earn about $158,560 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 Provo. 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 $16,352 (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
$3,700
at 7.18% · 30 years
Loan amount
$458,738
Total interest
$660,016
Paid off in
November 2056
Includes $7,890 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,497 a month
Tight
$1,497 to $1,925 a month
Hard
more than $1,925 a month
Your payment · 69%
Compared with the typical household income in Provo ($64,171 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,108
Property tax
$191
Home insurance
$195
FHA mortgage insurance (MIP)
$207
You need at least $16,352 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 $3,700; principal and interest $3,108.
The city and its county
Provo and Utah County
Provo 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).
Provo
Map of Utah County, Utah, with Provo marked. Around it, the neighboring counties.
Provo
Utah County
Other cities with a page
Provo's own numbers
Typical home value
$467,200
Typical monthly rent
$1,193
Typical yearly household income
$64,171
Households that own their home
39%
Effective property tax rate
0.49%
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 Provo is worth $467,200: 13% below the county and 5% below Utah. With the typical household income in Provo ($64,171 a year), a typical home costs 7.3 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.
Provo7.3 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
Provo 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
Provo$467,200
Utah$538,700
Utah$489,400
United States$332,700
Typical monthly rent
Provo$1,193
Utah$1,541
Utah$1,496
United States$1,413
Typical yearly household income
Provo$64,171
Utah$100,671
Utah$95,166
United States$80,734
See the full table
Provo next to Utah County and Utah
Measure
Provo
Utah County
Utah
U.S.
Typical home value
$467,200 ▼13% below the county
$538,700
$489,400
$332,700
Typical monthly rent
$1,193 ▼23% below the county
$1,541
$1,496
$1,413
Typical yearly household income
$64,171 ▼36% below the county
$100,671
$95,166
$80,734
Households that own their home
39% ▼29 points below the county
68%
70%
65%
Typical yearly property tax
$2,297 ▼3% below the county
$2,370
$2,525
$3,119
Effective property tax rate
0.49% ▲0.05 points above the county
0.44%
0.52%
0.94%
Renters with high rent for their income
50% ▲4 points above 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 Provo
For a typical $467,200 home in Provo, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Provo's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,700a month
Least cash to close
Down payment
$16,352
Cash to close
$30,368
Rate
7.18%
Mortgage insurance
FHA MIP · $207
Conventional, 5% down$3,614a month
Down payment
$23,360
Cash to close
$37,376
Rate
7.18%
Mortgage insurance
PMI · $222
Conventional, 20% down, no PMI$2,917a month
Down payment
$93,440
Cash to close
$107,456
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,349a month
Down payment
$70,080
Cash to close
$84,096
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Provo
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,700
$16,352
$458,738
7.18%
FHA MIP · $207
$30,368
580
Conventional, 5% down
$3,614
$23,360
$443,840
7.18%
PMI · $222
$37,376
620*
Conventional, 20% down, no PMI
$2,917
$93,440
$373,760
7.18%
None
$107,456
620*
ITIN, 15% down (example)
$3,349
$70,080
$397,120
8.18%
None
$84,096
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 Provo is $1,193 a month: 23% below the county. In Provo, 50% 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 Provo
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Provo has 4 ZIP codes with their own.
For 2 bedrooms it runs from $1,320 in 84601 to $1,580 in 84604.
1 of the 4 is above the fair market rent for Utah County ($1,363).
2-bedroom fair market rent in each of the 4 ZIP codes of Provo, beside the one for Utah County. For 2 bedrooms it runs from $1,320 in 84601 to $1,580 in 84604. 1 of the 4 is above the fair market rent for Utah County ($1,363).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,363
Lowest: $1,320 (84601)Highest: $1,580 (84604)
Fair market rent by ZIP code and size in Provo, fiscal year 2027.
84601
$1,140
$1,140
$1,320
$1,830
$2,210
84602
$1,140
$1,140
$1,320
$1,830
$2,210
84604
$1,150
$1,440
$1,580
$2,190
$2,640
84606
$1,160
$1,160
$1,330
$1,840
$2,220
ZIP code2 bd3 bd
84601 $1,320$1,830
84602 $1,320$1,830
84604 $1,580$2,190
84606 $1,330$1,840
3 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Provo 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 16 buildings with rents for lower incomes in Provo. These are the largest.
The Boulders Apartments750 S 650 W, Provo 84601370 homes, 368 low-income · 1 bd: 176 · 2 bd: 146 · 3 bd: 48 · In service since 2017
Boulder Springs Apts750 S 650 W, Provo 84601276 low-income homes · 1 bd: 177 · 2 bd: 99 · In service since 2000
Provo650 W 100 N, Provo 84601246 homes, 244 low-income · Run by Housing Authority of the City of Provo · Average payment: $542 a month · Average wait: 23 months · Homes at several sites(801) 406-2019
Boulder Pointe750 S 650 W, Provo 8460196 homes, 84 low-income · 2 bd: 48 · 3 bd: 36 · In service since 2000
Startup Crossing575 S Freedom Blvd, Provo 84601101 homes, 79 low-income · Studio: 16 · 1 bd: 85 · 3 bd: 16 · In service since 2015 · For people experiencing homelessness
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 Provo or Utah County. The ones below are statewide in Utah: they work in Provo 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).
No legal help resource on our list is for Provo 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 Provo 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 Provo?
The typical home value in Provo is $467,200, 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 Provo?
Typical rent in Provo is $1,193 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 Provo?
Provo 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 Provo?
The typical homeowner in Provo pays $2,297 a year, according to the U.S. Census Bureau. That is 0.49% of the home’s value; in Utah County, the rate is 0.44%.
Where can I find free help to buy or rent in Provo?
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.
