The Boulders
750 S 650 W,
Provo, UT 84601
1-3 Beds | $1,341 - $1,860
Rental Market Trends in Provo, UT
Updated August 2026
The average rent in Provo, UT is $1,240/month.
Rent in Provo is 25% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$1,240/month
Average Rent
646 Sq Ft
Average Size
+0.4%
Change / Year
522
Available Apartments
Provo rent varies by unit size and layout:
- Studio apartments in Provo average $1,177 per month.
- One-bedroom apartments in Provo average $1,240 per month.
- Two-bedroom apartments in Provo average $1,549 per month.
- Three-bedroom apartments in Provo average $2,113 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Provo, UT?
In the past year, rent has increased by 0.4%, which averages out to $6 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Provo, UT
August 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
5%
Below $700/month
25%
$700 - $1,000/month
46%
$1,001 - $1,500/month
19%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Provo?
Based on current rent prices, Downtown Provo and East Bay" are the most affordable neighborhoods in Provo.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Provo?
Based on current rent prices, East Bay and Downtown Provo" are the most expensive neighborhoods in Provo.
Neighborhood
Average Rent
Average Sq Ft
Which Provo neighborhoods have the most rentals available?
The neighborhoods in Provo with the most apartments available are Downtown Provo and East Bay" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Provo, UT?
Because the average rent in Provo is $1,240, you’ll want to make about $4,133 per month or $49,596 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.
Cost of Living
The cost of living in Provo, UT is 3.4% lower than the national average. Generally, housing in Provo is 1.9% more expensive than the national average, with rent falling between $1,177 - $2,113. You can expect to pay 3.9% less for groceries, 20.1% less for utilities, and 2.3% more for transportation.
How does Provo, UT compare to other nearby cities and neighborhoods?
Use the tool below to compare Provo, 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.
View the Provo Area GuideStudio
$1,153/month
-
One Bedroom
$1,234/month
-
Two Bedroom
$1,525/month
-
Three Bedroom
$1,615/month
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Orem
Avg Rent: $1,370/month
-
Vineyard
Avg Rent: $1,431/month
-
Springville
Avg Rent: $1,376/month
-
Pleasant Grove
Avg Rent: $1,271/month
-
Spanish Fork
Avg Rent: $1,357/month
Apartment Communities in Provo We Think You'll Love
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Frequently Asked Questions
What is the average rent in Provo?
The average rent in Provo is $1,240 per month, which is 25.5% lower than the national average of $1,664.
What is the average rent for a house in Provo?
The average rent for a house in Provo, UT is $1,678 per month.
What is the average rent for a townhome in Provo?
The average rent for a townhome in Provo, UT is $1,281 per month.
Are rents going up or down in Provo?
Rents in Provo, UT are increasing, with prices up 0.4% year-over-year and $6 more per month.
What rent range is most common in Provo?
In Provo, UT, 46% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.