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ZIP Code · UT

ZIP 84003

Pop. 57,430·Utah County·31st most expensive ZIP in Utah
Median rent (all units)
$1,848/mo
Year-over-Year
+13.2%
Month-over-Month
-2.6%
vs US Median
-$117
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 84003 · $1,848
More expensive than 52% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,460
1 BR
$1,470
2 BR
$1,700
3 BR
$2,360
4 BR+
$2,850
Research median
$1,700/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
$22,176/yr
At $1,848/mo median
Location
StateUT
CountyUtah County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 13.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+13.2% YoY, -2.6% MoM), not inventory.
Demographics

Who lives here

ZIP 84003 (American Fork, UT) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 49.9% of residents hold a bachelor's degree or higher.

Population
57,430
Median income
$120,330
Median age
28
Renters
26.3%
Age distribution
32.6%
27.6%
23.9%
Under 1832.6%
18–3427.6%
35–5423.9%
55–647%
65+9%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
83.8%
White83.8%
Black0.7%
Hispanic8.4%
Asian1.7%
Other5.4%
Education (25+)
13.7%
31.8%
49.9%
No HS diploma4.6%
HS diploma13.7%
Some college31.8%
Bachelor's+49.9%
Housing tenure
73.7%
26.3%
Owner73.7%
Renter26.3%

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

2021 vs 2026

How ZIP 84003 in American Fork, UT has changed in 5 years

Income
$101,928 → $120,330
up 18.1%
Population
52,442 → 57,430
up 9.5%
Renter share
22.8% → 26.3%
+3.5 pts
Bachelor's+
47.5% → 49.9%
+2.4 pts
Median age
27.2 → 28
+0.8 yrs

Household income in the area moved from $101,928 to $120,330 across the same window, up 18.1% versus 2021. Headcount in the area went from 52,442 to 57,430 between 2021 and 2024, a 9.5% change. About 26.3% of households rent today, against 22.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 47.5% to 49.9%.

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Local insights

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About renting in ZIP 84003

Last updated: July 20, 2026

ZIP code 84003 covers American Fork, UT. The median rent here is $1,848/mo as of July 2026. A 1-bedroom rents for a median of $1,470/mo. A 2-bedroom rents for a median of $1,700/mo.

At 18% of local median household income ($120,330/yr), ZIP 84003 ranks as affordable compared to the national benchmark of 30%. Rents have increased 13.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 84003?

As of July 20, 2026, the median monthly rent in ZIP 84003 (American Fork, UT) is $1,848. This is based on aggregated data from public sources and community submissions.

How does ZIP 84003 rent compare to the US average?

ZIP 84003's median rent of $1,848/mo is $117 (6%) below the US national median of $1,965/mo.

How does ZIP 84003 compare to other ZIPs in Utah?

ZIP 84003 falls in the middle range for Utah, ranking #31 out of 79 ZIPs at $1,848/mo.

How much income do you need to rent in ZIP 84003?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,848/mo in ZIP 84003. The local median household income is $120,330/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 84003?

Rent in ZIP 84003 has increased 13.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 84003 an affordable place to rent?

ZIP 84003 is considered very affordable for renters. At $1,848/mo, rent takes approximately 18% of the local median household income ($120,330/yr). The standard benchmark is 30%. ZIP 84003 falls comfortably within that range.

What percentage of ZIP 84003 residents rent vs. own?

According to Census data, approximately 26.3% of ZIP 84003 households are renters, while 73.7% are owner-occupied. ZIP 84003 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 84003 compare to the rest of American Fork?

ZIP 84003 is pricier than American Fork as a whole. At $1,848/mo, it's $159 above the American Fork citywide median of $1,689/mo.

When was rent data for ZIP 84003 last updated?

Rent data for ZIP 84003 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $1,848/mo, rent takes ~18% of ZIP 84003's median household income ($120,330/yr). The standard benchmark is 30%.

ZIP 84003 18%Benchmark 30%
State income tax4.55%
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Public schools near ZIP 84003 (American Fork, UT)

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