City Report · UT

American Fork

Pop. 37,109·34th most expensive in Utah·American Fork rents are up 5.5% over the past year
Median rent (all units)
$1,681/mo
Year-over-Year
+5.5%
Month-over-Month
-0.5%
vs US Median
-$281
Stable (Monthly)
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Most AffordableMost Expensive
American Fork · $1,681
More affordable than 63% of US cities · National median $1,962/mo
Rent Reality Score
39/100
Overpriced
OverheatedFairGreat value

Rents are 5% above what American Fork's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,681/mo
Expected by trend
$1,597/mo
The Rent Reality Score compares today's median rent to where American Fork's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,370
1 BR
$1,370
2 BR
$1,590
3 BR
$2,230
4 BR+
$2,670
Fair Market Rent (HUD)
$1,590/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,681 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$20,172/yr
At $1,681/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (5.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+5.5% YoY, -0.5% MoM), not inventory.
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Demographics

Who lives here

American Fork, UT is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 42.8% of residents hold a bachelor's degree or higher.

Population
37,109
Median income
$98,878
Median age
28
Renters
34.2%
Age distribution
29.9%
32.6%
22.2%
Under 1829.9%
18–3432.6%
35–5422.2%
55–646.3%
65+9%
Gender
51.4%
48.6%
Male51.4%
Female48.6%
Race & ethnicity
82.5%
White82.5%
Hispanic10.7%
Asian1.6%
Other4.9%
Education (25+)
16.9%
34.2%
42.8%
No HS diploma6.1%
HS diploma16.9%
Some college34.2%
Bachelor's+42.8%
Housing tenure
65.8%
34.2%
Owner65.8%
Renter34.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How American Fork, UT has changed in 5 years

Rent
$1,710 → $1,681
down 1.7%
Income
$82,772 → $98,878
up 19.5%
Population
32,822 → 37,109
up 13.1%
Renter share
28.7% → 34.2%
+5.5 pts
Bachelor's+
39.3% → 42.8%
+3.5 pts

The median rent in American Fork, UT stood at $1,710 in 2023 and currently runs about $1,681, reflecting a 1.7% decrease over the period. Local incomes tracked alongside that move, going from a median of $82,772 in 2021 to $98,878 more recently. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 13.1% since 2021, moving from about 32,822 residents to roughly 37,109. Renters now make up 34.2% of households, compared with 28.7% five years ago. College-educated residents now make up 42.8% of adults here, versus 39.3% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the American Fork, UT market of 2023.

Community

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View American Fork rent history (2015–2026) →
Salary vs rent

Can you afford rent in American Fork on your salary?

At $1,681/mo, how American Fork rent compares to typical pay (30% rule).

By apartment size

American Fork rent by bedroom count

Median rent for each apartment size in American Fork. Click any size for full breakdown.

Local insights

Tips for renters in American Fork

About renting in American Fork, UT

Last updated: August 17, 2026

The median rent in American Fork is $1,681/mo as of August 2026. A studio apartment averages $1,370/mo while a 2-bedroom runs $1,590/mo. One-bedroom apartments average $1,370/mo and 3-bedroom units go for $2,230/mo.

At 20% of local median household income ($98,878/yr), American Fork ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.5% over the past year.

FAQ

Frequently asked questions

Is American Fork an affordable city for renters?

American Fork is considered very affordable for renters. At $1,681/mo, rent takes approximately 20% of the local median household income ($98,878/yr). The standard benchmark is 30%. American Fork falls comfortably within that range.

How much income do you need to rent in American Fork?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,681/mo in American Fork. The local median household income is $98,878/yr, meaning the typical American Fork household meets that threshold.

Is rent going up or down in American Fork?

Rent in American Fork has increased 5.5% over the past year as of August 2026, putting upward pressure on renter budgets.

How does American Fork rent compare to other cities in Utah?

American Fork is middle-of-the-pack for Utah for rent, ranking #34 out of 54 tracked cities at $1,681/mo.

Which nearby cities are cheaper to rent in than American Fork?

Orem is nearby and more affordable at $1,512/mo, which is $169 less than American Fork.

What percentage of American Fork residents rent vs. own?

According to Census data, approximately 34.2% of American Fork households are renters, while 65.8% are owner-occupied. American Fork leans toward homeownership, which can mean a smaller rental inventory.

How does American Fork rent compare to the national average?

American Fork's median rent of $1,681/mo is $281 (14%) below the US national median of $1,962/mo. Within Utah, it ranks #34 out of 54 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $1,681/mo, rent takes ~20% of American Fork's median household income ($98,878/yr). The standard benchmark is 30%.

American Fork 20%Benchmark 30%
State income tax4.55%
Run the American Fork affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near American Fork, UT

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