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Rental Market Trends in Payson, UT

What is the average rent in Payson, UT?

$1,299/month

Average Rent

728 Sq Ft

Average Apartment Size

-2.2%

Decrease in the Last Year

Payson, UT Rental Market Overview

The average rent in Payson, UT is $1,299 per month. This is 22% lower than the national average rent of $1,662/month, making renting in Payson more affordable than most cities in the US.

  • Studio apartments in Payson average per month.
  • One-bedroom apartments in Payson average $1,299 per month.
  • Two-bedroom apartments in Payson average $1,442 per month.
  • Three-bedroom apartments in Payson average $1,842 or more per month.

Data Updated: July 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,299/month
728 Sq Ft
Two Bedroom
$1,442/month
1,091 Sq Ft
Three Bedroom
$1,842/month
1,307 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,833/month
1,962 Sq Ft
Four Bedroom
$2,764/month
2,809 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,757/month
1,799 Sq Ft

How much has average rent changed in Payson, UT?

In the past year, rent has decreased by 2.2%, which averages out to $29 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Payson, UT
Last Updated July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Payson, UT
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
33% $1,501 - $2,000/month
17% Above $2,000/month

What salary do I need to live comfortably in Payson, UT?

Because the average rent in Payson is $1,299, you’ll want to make about $4,330 per month or $51,960 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Payson, UT

69 Available Apartments for Rent

Search for Nearby Apartments

How does Payson, UT compare to other nearby cities and neighborhoods?

Use the tool below to compare Payson, UT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Spanish Fork

    Spanish Fork

Apartment Communities in Payson We Think You'll Love

Residence at South Haven Farms

Residence at South Haven Farms

1461 E 100 S,
Payson, UT 84651

1-3 Beds | $1,358 - $1,903

VALO at South Haven Farms

VALO at South Haven Farms

62 S 1400 E,
Payson, UT 84651

2-3 Beds | $1,899 - $2,225

1130 Utah 198

1130 Utah 198

1130 Utah 198,
Payson, UT 84651

2 Beds | Call for Rent

Eversage Apartments

Eversage Apartments

752 N 400 W,
Payson, UT 84651

1-3 Beds | $1,365 - $1,845

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Frequently Asked Questions

What is the average rent in Payson?

The average rent in Payson is $1,299 per month, which is 21.8% lower than the national average of $1,662.

What is the average rent for a house in Payson?

The average rent for a house in Payson, UT is $1,833 per month.

Are rents going up or down in Payson?

Rents in Payson, UT are decreasing, with prices down 2.2% year-over-year and $29 less per month.

What rent range is most common in Payson?

In Payson, UT, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Utah Payson Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity