City Report · UT

Millcreek

Pop. 63,648·46th most expensive in Utah·Rental market data updated monthly for Millcreek, UT
Median rent (all units)
$1,514/mo
Year-over-Year
+1.8%
Month-over-Month
+0.7%
vs US Median
-$418
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Millcreek · $1,514
More affordable than 74% of US cities · National median $1,932/mo
Rent Reality Score
79/100
Good value
OverheatedFairGreat value

Rents are 15% below what Millcreek's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,514/mo
Expected by trend
$1,770/mo
The Rent Reality Score compares today's median rent to where Millcreek's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,420
1 BR
$1,660
2 BR
$2,000
3 BR
$2,690
4 BR+
$3,050
Fair Market Rent (HUD)
$2,000/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,514 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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Millcreek usually run 1.5% below trend in January and 1.7% above it in August, about $48 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in Millcreek is 0.4% below its high of $1,520 in July 2024, at $1,514 as of September 2026.

Past year vs. the rest of Utah

Rent in Millcreek changed +1.7% over the year to September 2026. Across the 44 Utah cities Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in Millcreek rose 40.6% while median household income rose 35.9% ($72,134 to $98,045). Rent outpaced income.

Since before the pandemic

Rent in Millcreek is 39% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($98,045) is $2,451 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,000); a 3-bedroom is $2,690.

From Zillow's monthly rent index (ZORI) for Millcreek. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,168/yr
At $1,514/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.8% YoY, +0.7% MoM), not inventory.
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Demographics

Who lives here

Millcreek, UT is majority owner-occupied, has a median income above the national average, 54.2% of residents hold a bachelor's degree or higher.

Population
63,648
Median income
$98,045
Median age
37.2
Renters
38.6%
Age distribution
20.8%
25.7%
26.5%
15.8%
Under 1820.8%
18–3425.7%
35–5426.5%
55–6411.2%
65+15.8%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
79%
White79%
Black3.3%
Hispanic9%
Asian3.9%
Other4.7%
Education (25+)
15.2%
26.6%
54.2%
No HS diploma3.9%
HS diploma15.2%
Some college26.6%
Bachelor's+54.2%
Housing tenure
61.4%
38.6%
Owner61.4%
Renter38.6%

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

2021 vs 2026

How Millcreek, UT has changed in 5 years

Rent
$1,240 → $1,514
up 22.1%
Income
$81,577 → $98,045
up 20.2%
Population
63,430 → 63,648
up 0.3%
Renter share
39.3% → 38.6%
-0.7 pts
Bachelor's+
51.2% → 54.2%
+3.0 pts

Rent in Millcreek, UT has increased 22.1% since 2021, going from about $1,240 per month to roughly $1,514 today. On the earnings side, the typical household in Millcreek, UT now reports about $98,045, up from $81,577 in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 51.2% to 54.2%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Millcreek, UT reflects that arc in its own way.

Community

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

Can you afford rent in Millcreek on your salary?

At $1,514/mo, how Millcreek rent compares to typical pay (30% rule).

By apartment size

Millcreek rent by bedroom count

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

Local insights

Tips for renters in Millcreek

About renting in Millcreek, UT

Last updated: October 17, 2026

The median rent in Millcreek is $1,514/mo as of October 2026. A studio apartment averages $1,420/mo while a 2-bedroom runs $2,000/mo. One-bedroom apartments average $1,660/mo and 3-bedroom units go for $2,690/mo.

At 19% of local median household income ($98,045/yr), Millcreek ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Millcreek?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,514/mo in Millcreek. The local median household income is $98,045/yr, so the typical household meets that bar.

Is rent going up or down in Millcreek?

Rent in Millcreek has risen 1.8% over the past year as of September 2026. It sits 0.4% below its high of $1,520 in July 2024.

When is the cheapest time to rent in Millcreek?

Asking rents in Millcreek are usually lowest in January, about 1.5% below their yearly trend, and highest in August, about 1.7% above it. At today's median that is a gap of roughly $48 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in Millcreek?

Yes. From 2019 to 2024, rent in Millcreek rose 40.6% while median household income rose 35.9%, from $72,134 to $98,045. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Millcreek rent compare to other cities in Utah?

Millcreek is one of the more affordable among Utah cities for rent, ranking #46 of 55 tracked cities at $1,514/mo. Over the year to September 2026, rent in Millcreek changed +1.7%, against a typical +1.8% across the 44 Utah cities Zillow tracks.

Which nearby cities are cheaper to rent in than Millcreek?

Nearby cities with lower median rent than Millcreek ($1,514/mo) include Murray ($1,465/mo).
Income Affordability
19%
VERY AFFORDABLE

At $1,514/mo, rent takes ~19% of Millcreek's median household income ($98,045/yr). The standard benchmark is 30%.

Millcreek 19%Benchmark 30%
State income tax4.55%
Run the Millcreek affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Millcreek, UT

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