ZIP Code · UT

ZIP 84040

Part of Layton, UT

Pop. 28,509·Davis County·16th most expensive ZIP in Utah

Median rent (all units)

$2,076/mo

Year-over-Year

Stable

Month-over-Month

-0.2%

vs US Median

+$144

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 84040 · $2,076

More expensive than 65% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,550

1 BR

$1,640

2 BR

$2,070

3 BR

$2,770

4 BR+

$3,350

Research median

$2,070/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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($128,365) is $3,209 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,770); a 4-bedroom is $3,350.

Cheaper nearby

ZIP 84041, 3 miles away, rents for 26% less ($1,544/mo), about $6,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 84040. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$24,912/yr

At $2,076/mo median

Location

CityLayton

StateUT

CountyDavis County

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 (+0.0% YoY, -0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 84040 (Layton, UT) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 47.4% of residents hold a bachelor's degree or higher.

Population

28,509

Median income

$128,365

Median age

36.3

Renters

15.1%

Age distribution

26.7%

21.6%

24.7%

12.6%

14.4%

Under 1826.7%

18–3421.6%

35–5424.7%

55–6412.6%

65+14.4%

Gender

51.9%

48.1%

Male51.9%

Female48.1%

Race & ethnicity

83.7%

13.3%

White83.7%

Black1.2%

Hispanic13.3%

Asian2.1%

Education (25+)

17.7%

32.3%

47.4%

No HS diploma2.6%

HS diploma17.7%

Some college32.3%

Bachelor's+47.4%

Housing tenure

84.9%

15.1%

Owner84.9%

Renter15.1%

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

2021 vs 2026

How ZIP 84040 in Layton, UT has changed in 5 years

Income

$106,365 → $128,365

up 20.7%

Population

26,384 → 28,509

up 8.1%

Renter share

13.3% → 15.1%

+1.8 pts

Bachelor's+

44.7% → 47.4%

+2.7 pts

Median age

35.7 → 36.3

+0.6 yrs

Median household income rose from $106,365 to $128,365 between 2021 and 2024, a 20.7% shift. The population has grown by 8.1% since 2021, moving from about 26,384 residents to roughly 28,509. Renters now make up 15.1% of households, compared with 13.3% five years ago. College-educated residents now make up 47.4% of adults here, versus 44.7% in 2021.

Community

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Local insights

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About renting in ZIP 84040

Last updated: October 17, 2026

ZIP code 84040 covers Layton, UT. The median rent here is $2,076/mo as of October 2026. A 1-bedroom rents for a median of $1,640/mo. A 2-bedroom rents for a median of $2,070/mo.

At 19% of local median household income ($128,365/yr), ZIP 84040 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 84040?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (about $40/hour full-time) to afford the median rent of $2,076/mo in ZIP 84040. The local median household income is $128,365/yr, so the typical household meets that bar.