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City Report · UT

Farmington

Pop. 25,389·35th most expensive in Utah·Rental market data updated monthly for Farmington, UT
Median rent (all units)
$1,643/mo
Year-over-Year
-1.4%
Month-over-Month
+2.8%
vs US Median
-$322
Rising (Monthly)
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Most AffordableMost Expensive
Farmington · $1,643
More affordable than 66% of US cities · National median $1,965/mo
Rent Reality Score
56/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Farmington's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,643/mo
Expected by trend
$1,694/mo
The Rent Reality Score compares today's median rent to where Farmington's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,290
1 BR
$1,370
2 BR
$1,700
3 BR
$2,280
4 BR+
$2,760
Research median
$1,700/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,716/yr
At $1,643/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-1.4% YoY, +2.8% MoM), not inventory.
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Demographics

Who lives here

Farmington, UT is majority owner-occupied, has a large share of families with children, has a median income above the national average, 52.8% of residents hold a bachelor's degree or higher.

Population
25,389
Median income
$127,338
Median age
32.6
Renters
19%
Age distribution
33.8%
19.1%
28.3%
Under 1833.8%
18–3419.1%
35–5428.3%
55–648.1%
65+10.7%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
89.7%
White89.7%
Black0.5%
Hispanic7.9%
Asian1.5%
Education (25+)
13%
32.1%
52.8%
No HS diploma2.2%
HS diploma13%
Some college32.1%
Bachelor's+52.8%
Housing tenure
81%
19%
Owner81%
Renter19%

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

2022 vs 2026

How Farmington, UT has changed in 5 years

Rent
$1,508 → $1,643
up 9.0%
Income
$107,559 → $127,338
up 18.4%
Population
23,990 → 25,389
up 5.8%
Renter share
17.4% → 19%
+1.6 pts
Bachelor's+
49.3% → 52.8%
+3.5 pts
Median age
30.7 → 32.6
+1.9 yrs

Since 2022, the typical rent in Farmington, UT has increased from $1,508 to $1,643, a 9.0% change over five years. Census figures show median household income at $127,338 today, compared with $107,559 five years earlier. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 5.8% since 2021, moving from about 23,990 residents to roughly 25,389. Renters now make up 19% of households, compared with 17.4% five years ago. College-educated residents now make up 52.8% of adults here, versus 49.3% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

Discussions about Farmington

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View Farmington rent history (2015–2026) →
Salary vs rent

Can you afford rent in Farmington on your salary?

At $1,643/mo, how Farmington rent compares to typical pay (30% rule).

By apartment size

Farmington rent by bedroom count

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

Local insights

Tips for renters in Farmington

About renting in Farmington, UT

Last updated: July 20, 2026

The median rent in Farmington is $1,643/mo as of July 2026. A studio apartment averages $1,290/mo while a 2-bedroom runs $1,700/mo. One-bedroom apartments average $1,370/mo and 3-bedroom units go for $2,280/mo.

At 15% of local median household income ($127,338/yr), Farmington ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.4% over the past year.

FAQ

Frequently asked questions

Is Farmington an affordable city for renters?

Farmington is considered very affordable for renters. At $1,643/mo, rent takes approximately 15% of the local median household income ($127,338/yr). The standard benchmark is 30%. Farmington falls comfortably within that range.

How much income do you need to rent in Farmington?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,643/mo in Farmington. The local median household income is $127,338/yr, meaning the typical Farmington household meets that threshold.

Is rent going up or down in Farmington?

Rent in Farmington has decreased 1.4% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Farmington rent compare to other cities in Utah?

Farmington is middle-of-the-pack for Utah for rent, ranking #35 out of 56 tracked cities at $1,643/mo.

Which nearby cities are cheaper to rent in than Farmington?

Washington Terrace is nearby and more affordable at $1,410/mo, which is $233 less than Farmington.

What percentage of Farmington residents rent vs. own?

According to Census data, approximately 19% of Farmington households are renters, while 81% are owner-occupied. Farmington leans toward homeownership, which can mean a smaller rental inventory.

How does Farmington rent compare to the national average?

Farmington's median rent of $1,643/mo is $322 (16%) below the US national median of $1,965/mo. Within Utah, it ranks #35 out of 56 tracked cities.
Income Affordability
15%
VERY AFFORDABLE

At $1,643/mo, rent takes ~15% of Farmington's median household income ($127,338/yr). The standard benchmark is 30%.

Farmington 15%Benchmark 30%
State income tax4.55%
Run the Farmington affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Farmington, UT

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