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ZIP Code · UT

ZIP 84043

Part of Lehi, UT
Pop. 88,390·Utah County·7th most expensive ZIP in Utah
Median rent (all units)
$2,365/mo
Year-over-Year
+4.6%
Month-over-Month
+2.2%
vs US Median
+$400
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 84043 · $2,365
More expensive than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,580
1 BR
$1,590
2 BR
$1,840
3 BR
$2,560
4 BR+
$3,090
Research median
$1,840/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
$28,380/yr
At $2,365/mo median
Location
CityLehi
StateUT
CountyUtah County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.6% YoY, +2.2% MoM), not inventory.
Demographics

Who lives here

ZIP 84043 (Lehi, UT) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 50.4% of residents hold a bachelor's degree or higher.

Population
88,390
Median income
$129,852
Median age
26.9
Renters
24.8%
Age distribution
35.4%
27.8%
25.4%
Under 1835.4%
18–3427.8%
35–5425.4%
55–645.9%
65+5.5%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
82.9%
White82.9%
Black0.7%
Hispanic9.6%
Asian2.6%
Other4.3%
Education (25+)
14.9%
32.2%
50.4%
No HS diploma2.6%
HS diploma14.9%
Some college32.2%
Bachelor's+50.4%
Housing tenure
75.2%
24.8%
Owner75.2%
Renter24.8%

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

2021 vs 2026

How ZIP 84043 in Lehi, UT has changed in 5 years

Rent
$1,795 → $2,365
up 31.8%
Income
$108,515 → $129,852
up 19.7%
Population
74,101 → 88,390
up 19.3%
Renter share
20.7% → 24.8%
+4.1 pts
Bachelor's+
47.3% → 50.4%
+3.1 pts
Median age
26.2 → 26.9
+0.7 yrs

Five years ago, renters in ZIP 84043 in Lehi, UT paid around $1,795 a month. That figure now sits near $2,365, up 31.8% from the 2021 baseline. Census figures show median household income at $129,852 today, compared with $108,515 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 84043 in Lehi, UT adding about 14,289 residents over the five-year window, up 19.3% on net. The renter share has risen from 20.7% to 24.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 47.3% to 50.4% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 84043

Last updated: July 20, 2026

ZIP code 84043 covers Lehi, UT. The median rent here is $2,365/mo as of July 2026. A 1-bedroom rents for a median of $1,590/mo. A 2-bedroom rents for a median of $1,840/mo.

At 22% of local median household income ($129,852/yr), ZIP 84043 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 84043?

As of July 20, 2026, the median monthly rent in ZIP 84043 (Lehi, UT) is $2,365. This is based on aggregated data from public sources and community submissions.

How does ZIP 84043 rent compare to the US average?

ZIP 84043's median rent of $2,365/mo is $400 (20%) above the US national median of $1,965/mo.

How does ZIP 84043 compare to other ZIPs in Utah?

ZIP 84043 is one of the pricier ZIP codes in Utah, ranking #7 out of 79 ZIPs tracked at $2,365/mo.

How much income do you need to rent in ZIP 84043?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (~$46/hour full-time) to afford the median rent of $2,365/mo in ZIP 84043. The local median household income is $129,852/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 84043?

Rent in ZIP 84043 has increased 4.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 84043 an affordable place to rent?

ZIP 84043 is considered very affordable for renters. At $2,365/mo, rent takes approximately 22% of the local median household income ($129,852/yr). The standard benchmark is 30%. ZIP 84043 falls comfortably within that range.

What percentage of ZIP 84043 residents rent vs. own?

According to Census data, approximately 24.8% of ZIP 84043 households are renters, while 75.2% are owner-occupied. ZIP 84043 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 84043 compare to the rest of Lehi?

ZIP 84043 is pricier than Lehi as a whole. At $2,365/mo, it's $100 above the Lehi citywide median of $2,265/mo.

When was rent data for ZIP 84043 last updated?

Rent data for ZIP 84043 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $2,365/mo, rent takes ~22% of ZIP 84043's median household income ($129,852/yr). The standard benchmark is 30%.

ZIP 84043 22%Benchmark 30%
State income tax4.55%
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Schools nearby

Public schools near ZIP 84043 (Lehi, UT)

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