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City Report · UT

Millcreek

Pop. 63,648·44th most expensive in Utah·Millcreek rents are up 6.5% over the past year
Median rent (all units)
$1,531/mo
Year-over-Year
+6.5%
Month-over-Month
+0.6%
vs US Median
-$434
Rising (Monthly)
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Most AffordableMost Expensive
Millcreek · $1,531
More affordable than 74% of US cities · National median $1,965/mo
Rent Reality Score
73/100
Good value
OverheatedFairGreat value

Rents are 11% below what Millcreek's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,531/mo
Expected by trend
$1,726/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
Research median
$2,000/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
$18,372/yr
At $1,531/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.5% YoY, +0.6% 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
$1,206 → $1,531
up 26.9%
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 26.9% since 2021, going from about $1,206 per month to roughly $1,531 today. On the earnings side, the typical household in Millcreek, UT now reports about $98,045, up from $81,577 in 2021. Rent outpaced income growth by roughly 6.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did 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 $1,531/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: July 20, 2026

The median rent in Millcreek is $1,531/mo as of July 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 6.5% over the past year.

FAQ

Frequently asked questions

Is Millcreek an affordable city for renters?

Millcreek is considered very affordable for renters. At $1,531/mo, rent takes approximately 19% of the local median household income ($98,045/yr). The standard benchmark is 30%. Millcreek falls comfortably within that range.

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 (~$29/hour full-time) to afford the median rent of $1,531/mo in Millcreek. The local median household income is $98,045/yr, meaning the typical Millcreek household meets that threshold.

Is rent going up or down in Millcreek?

Rent in Millcreek has increased 6.5% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Millcreek rent compare to other cities in Utah?

Millcreek is one of the more affordable cities in Utah for rent, ranking #44 out of 56 tracked cities at $1,531/mo.

Which nearby cities are cheaper to rent in than Millcreek?

Murray is nearby and more affordable at $1,461/mo, which is $70 less than Millcreek.

What percentage of Millcreek residents rent vs. own?

According to Census data, approximately 38.6% of Millcreek households are renters, while 61.4% are owner-occupied. Millcreek leans toward homeownership, which can mean a smaller rental inventory.

How does Millcreek rent compare to the national average?

Millcreek's median rent of $1,531/mo is $434 (22%) below the US national median of $1,965/mo. Within Utah, it ranks #44 out of 56 tracked cities.
Income Affordability
19%
VERY AFFORDABLE

At $1,531/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 →
Lowest-rent ZIP codes in Millcreek
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Millcreek, UT

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