How much does it cost to rent in Riverton, UT?

As of August 2026, the median monthly rent in Riverton, UT is $2,337. This figure is based on aggregated data from public sources and community-submitted rents.

Is Riverton cheaper than other Utah cities?

Riverton is one of the pricier cities in Utah, ranking #5 out of 54 cities tracked at $2,337/mo.

When was Riverton rent data last updated?

Riverton rent data reflects August 2026 and was last refreshed on August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.

What is the Fair Market Rent in Riverton, UT?

HUD sets the Fair Market Rent for a two-bedroom home in Riverton, UT at $1,980 per month, which is 15% below the $2,337 market median. Fair Market Rent is the Housing Choice Voucher (Section 8) payment standard. It is a 40th-percentile gross rent that includes essential utilities such as electricity, water, gas, sewer, and trash, and HUD updates it once a year, so it measures something different from current market asking rent.

City Report · UT

Riverton

Name: Average Rent Prices in Riverton, UT
Creator: RentDataNow
License: https://creativecommons.org/licenses/by/4.0/

Pop. 45,457·5th most expensive in Utah·Rental market data updated monthly for Riverton, UT

Median rent (all units)

$2,337/mo

Year-over-Year

+4.9%

Month-over-Month

-3.2%

vs US Median

+$375

Falling (Monthly)

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Most AffordableMost Expensive

Riverton · $2,337

More expensive than 74% of US cities · National median $1,962/mo

Affordability

22% of income

VERY AFFORDABLE

0%30% benchmark60%+

At $2,337/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$93,000/yr

Local median income

$126,910/yr

Based on the 30%-of-income rule using Riverton's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$1,410

1 BR

$1,650

2 BR

$1,980

3 BR

$2,660

4 BR+

$3,020

Fair Market Rent (HUD)

$1,980/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,337 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

Loading…

Last updated: August 17, 2026

Annual cost

$28,044/yr

At $2,337/mo median

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+4.9% YoY, -3.2% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Riverton, UT is majority owner-occupied, has a large share of families with children, has a median income above the national average, 37.7% of residents hold a bachelor's degree or higher.

Population

45,457

Median income

$126,910

Median age

34.4

Renters

15.1%

Age distribution

30.8%

20%

28.1%

Under 1830.8%

18–3420%

35–5428.1%

55–6410.3%

65+10.8%

Gender

50.8%

49.2%

Male50.8%

Female49.2%

Race & ethnicity

84.4%

White84.4%

Hispanic10.5%

Asian2%

Other2.8%

Education (25+)

19.1%

37.4%

37.7%

No HS diploma5.8%

HS diploma19.1%

Some college37.4%

Bachelor's+37.7%

Housing tenure

84.9%

15.1%

Owner84.9%

Renter15.1%

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

2023 vs 2026

How Riverton, UT has changed in 5 years

Rent

$2,197 → $2,337

up 6.4%

Income

$107,674 → $126,910

up 17.9%

Population

44,773 → 45,457

up 1.5%

Renter share

12.6% → 15.1%

+2.5 pts

Bachelor's+

39.5% → 37.7%

-1.8 pts

Median age

33.3 → 34.4

+1.1 yrs

Five years ago, renters in Riverton, UT paid around $2,197 a month. That figure now sits near $2,337, up 6.4% from the 2023 baseline. Census figures show median household income at $126,910 today, compared with $107,674 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Riverton, UT adding about 684 residents over the five-year window, up 1.5% on net. The renter share has risen from 12.6% to 15.1%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

Discussions about Riverton

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View Riverton rent history (2015–2026) →

Salary vs rent

Can you afford rent in Riverton on your salary?

At $2,337/mo, how Riverton rent compares to typical pay (30% rule).

Registered Nurse

Avg $90,701/yr · Rent = 30.9% income

stretched

Elementary School Teacher

Avg $64,397/yr · Rent = 43.5% income

rent-burdened

Police Officer

Avg $74,179/yr · Rent = 37.8% income

stretched

Software Developer

Avg $132,586/yr · Rent = 21.2% income

affordable

Lawyer

Avg $169,411/yr · Rent = 16.6% income

very comfortable

Firefighter

Avg $60,298/yr · Rent = 46.5% income

rent-burdened

Truck Driver

Avg $54,442/yr · Rent = 51.5% income

severely rent-burdened

Electrician

Avg $67,104/yr · Rent = 41.8% income

rent-burdened

By apartment size

Riverton rent by bedroom count

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

Local insights

Tips for renters in Riverton

About renting in Riverton, UT

Last updated: August 17, 2026

The median rent in Riverton is $2,337/mo as of August 2026. A studio apartment averages $1,410/mo while a 2-bedroom runs $1,980/mo. One-bedroom apartments average $1,650/mo and 3-bedroom units go for $2,660/mo.

At 22% of local median household income ($126,910/yr), Riverton ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.

FAQ

Frequently asked questions

Is Riverton an affordable city for renters?

Riverton is considered very affordable for renters. At $2,337/mo, rent takes approximately 22% of the local median household income ($126,910/yr). The standard benchmark is 30%. Riverton falls comfortably within that range.

How much income do you need to rent in Riverton?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (~$45/hour full-time) to afford the median rent of $2,337/mo in Riverton. The local median household income is $126,910/yr, meaning the typical Riverton household meets that threshold.

Is rent going up or down in Riverton?

Rent in Riverton has increased 4.9% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Riverton rent compare to other cities in Utah?

Riverton is one of the pricier cities in Utah for rent, ranking #5 out of 54 tracked cities at $2,337/mo.

Which nearby cities are cheaper to rent in than Riverton?

Several nearby cities have lower median rents than Riverton ($2,337/mo): West Jordan ($1,677/mo), Draper ($1,729/mo), South Jordan ($2,049/mo).

What percentage of Riverton residents rent vs. own?

According to Census data, approximately 15.1% of Riverton households are renters, while 84.9% are owner-occupied. Riverton leans toward homeownership, which can mean a smaller rental inventory.