Provo, UT Rental Market Trends

Last updated: February 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Provo, UT

Last updated: February 22, 2026

Provo, UT rent trends

Rental prices in Provo, UT have decreased by 0.01% over the past year. The average rent moved from $1,835 to $1,835.

What's the typical rent budget in Provo, UT?

The largest share of rentals in Provo, UT (35%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Provo, UT?

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Average Rent in Provo, UT By Neighborhood

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Provo | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Carterville is 101% higher than in Franklin

$2,125

Carterville rent is 16% higher than Provo average

Average Rent $2,125
$1,056

Franklin rent is 42% lower than Provo average

Average Rent $1,056

How Provo Compares to Other Cities

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Provo apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.