City Report · UT

Riverton

Pop. 45,457·4th most expensive in Utah·Riverton rents are up 7.9% over the past year
Median rent (all units)
$2,414/mo
Year-over-Year
+7.9%
Month-over-Month
-0.9%
vs US Median
+$449
Falling (Monthly)
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Most AffordableMost Expensive
Riverton · $2,414
More expensive than 77% of US cities · National median $1,965/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,414/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$97,000/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
Research median
$1,980/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
$28,968/yr
At $2,414/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (7.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+7.9% YoY, -0.9% MoM), not inventory.
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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 → $2,414
up 9.9%
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 $2,414, up 9.9% 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

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

Can you afford rent in Riverton on your salary?

At $2,414/mo, how Riverton rent compares to typical pay (30% rule).

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: July 20, 2026

The median rent in Riverton is $2,414/mo as of July 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 23% of local median household income ($126,910/yr), Riverton ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.9% over the past year.

FAQ

Frequently asked questions

Is Riverton an affordable city for renters?

Riverton is considered very affordable for renters. At $2,414/mo, rent takes approximately 23% 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 $97,000/year (~$47/hour full-time) to afford the median rent of $2,414/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 7.9% over the past year as of July 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 #4 out of 56 tracked cities at $2,414/mo.

Which nearby cities are cheaper to rent in than Riverton?

Several nearby cities have lower median rents than Riverton ($2,414/mo): West Jordan ($1,656/mo), Draper ($1,742/mo), South Jordan ($1,972/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.

How does Riverton rent compare to the national average?

Riverton's median rent of $2,414/mo is $449 (23%) above the US national median of $1,965/mo. Within Utah, it ranks #4 out of 56 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $2,414/mo, rent takes ~23% of Riverton's median household income ($126,910/yr). The standard benchmark is 30%.

Riverton 23%Benchmark 30%
State income tax4.55%
Run the Riverton affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Riverton, UT

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