City Report · UT

Lehi

Pop. 85,173·11th most expensive in Utah·Rental market data updated monthly for Lehi, UT
Median rent (all units)
$2,181/mo
Year-over-Year
-4.5%
Month-over-Month
-3.7%
vs US Median
+$219
Falling (Monthly)
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Most AffordableMost Expensive
Lehi · $2,181
More expensive than 68% of US cities · National median $1,962/mo
Rent Reality Score
83/100
Great value
OverheatedFairGreat value

Rents are 16% below what Lehi's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,181/mo
Expected by trend
$2,607/mo
The Rent Reality Score compares today's median rent to where Lehi's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,510
1 BR
$1,520
2 BR
$1,760
3 BR
$2,470
4 BR+
$2,960
Fair Market Rent (HUD)
$1,760/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,181 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
$26,172/yr
At $2,181/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 4.5% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-4.5% YoY, -3.7% MoM), not inventory.
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Demographics

Who lives here

Lehi, UT is majority owner-occupied, has a large share of families with children, has a median income above the national average, 50% of residents hold a bachelor's degree or higher.

Population
85,173
Median income
$131,299
Median age
26.9
Renters
24.8%
Age distribution
35.2%
27.7%
25.4%
Under 1835.2%
18–3427.7%
35–5425.4%
55–646%
65+5.6%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
83.1%
White83.1%
Black0.7%
Hispanic9.4%
Asian2.6%
Other4.3%
Education (25+)
15.2%
32.3%
50%
No HS diploma2.5%
HS diploma15.2%
Some college32.3%
Bachelor's+50%
Housing tenure
75.2%
24.8%
Owner75.2%
Renter24.8%

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

2021 vs 2026

How Lehi, UT has changed in 5 years

Rent
$1,804 → $2,181
up 20.9%
Income
$108,669 → $131,299
up 20.8%
Population
73,911 → 85,173
up 15.2%
Renter share
20.6% → 24.8%
+4.2 pts
Bachelor's+
47.3% → 50%
+2.7 pts
Median age
26.1 → 26.9
+0.8 yrs

The median rent in Lehi, UT stood at $1,804 in 2021 and currently runs about $2,181, reflecting a 20.9% increase over the period. On the earnings side, the typical household in Lehi, UT now reports about $131,299, up from $108,669 in 2021. The population has grown by 15.2% since 2021, moving from about 73,911 residents to roughly 85,173. Renters now make up 24.8% of households, compared with 20.6% five years ago. College-educated residents now make up 50% of adults here, versus 47.3% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Lehi, UT reflects that arc in its own way.

Community

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

Can you afford rent in Lehi on your salary?

At $2,181/mo, how Lehi rent compares to typical pay (30% rule).

By apartment size

Lehi rent by bedroom count

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

Local insights

Tips for renters in Lehi

About renting in Lehi, UT

Last updated: August 17, 2026

The median rent in Lehi is $2,181/mo as of August 2026. A studio apartment averages $1,510/mo while a 2-bedroom runs $1,760/mo. One-bedroom apartments average $1,520/mo and 3-bedroom units go for $2,470/mo.

At 20% of local median household income ($131,299/yr), Lehi ranks as affordable compared to the national benchmark of 30%. Rents have decreased 4.5% over the past year.

FAQ

Frequently asked questions

Is Lehi an affordable city for renters?

Lehi is considered very affordable for renters. At $2,181/mo, rent takes approximately 20% of the local median household income ($131,299/yr). The standard benchmark is 30%. Lehi falls comfortably within that range.

How much income do you need to rent in Lehi?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (~$42/hour full-time) to afford the median rent of $2,181/mo in Lehi. The local median household income is $131,299/yr, meaning the typical Lehi household meets that threshold.

Is rent going up or down in Lehi?

Rent in Lehi has decreased 4.5% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Lehi rent compare to other cities in Utah?

Lehi is one of the pricier cities in Utah for rent, ranking #11 out of 54 tracked cities at $2,181/mo.

Which nearby cities are cheaper to rent in than Lehi?

Draper is nearby and more affordable at $1,729/mo, which is $452 less than Lehi.

What percentage of Lehi residents rent vs. own?

According to Census data, approximately 24.8% of Lehi households are renters, while 75.2% are owner-occupied. Lehi leans toward homeownership, which can mean a smaller rental inventory.

How does Lehi rent compare to the national average?

Lehi's median rent of $2,181/mo is $219 (11%) above the US national median of $1,962/mo. Within Utah, it ranks #11 out of 54 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $2,181/mo, rent takes ~20% of Lehi's median household income ($131,299/yr). The standard benchmark is 30%.

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

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Schools nearby

Public schools near Lehi, UT

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