ZIP Code · UT

ZIP 84062

Pop. 47,813·Utah County·38th most expensive ZIP in Utah
Median rent (all units)
$1,714/mo
Year-over-Year
+2.3%
Month-over-Month
+0.6%
vs US Median
-$218
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 84062 · $1,714
More affordable than 57% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,360
1 BR
$1,370
2 BR
$1,580
3 BR
$2,200
4 BR+
$2,650
Research median
$1,580/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

Compared with the peak

Rent in ZIP 84062 is 0% below its high of $1,714 in February 2026, at $1,714 as of September 2026.

Past year vs. the rest of Utah

Rent in ZIP 84062 changed +2.3% over the year to September 2026. Across the 66 Utah ZIP codes Zillow tracks, the typical change was +1.3%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($105,649) is $2,641 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,200); a 4-bedroom is $2,650.

Cheaper nearby

ZIP 84057, 9 miles away, rents for 12% less ($1,513/mo), about $2,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 84062. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,568/yr
At $1,714/mo median
Location
StateUT
CountyUtah County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.3% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 84062 (Pleasant Grove, UT) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 44.8% of residents hold a bachelor's degree or higher.

Population
47,813
Median income
$105,649
Median age
27.8
Renters
29.8%
Age distribution
32.4%
26.9%
22.3%
Under 1832.4%
18–3426.9%
35–5422.3%
55–649.1%
65+9.4%
Gender
51.1%
48.9%
Male51.1%
Female48.9%
Race & ethnicity
82.4%
12.7%
White82.4%
Hispanic12.7%
Asian2%
Other2.5%
Education (25+)
16.5%
34.8%
44.8%
No HS diploma3.9%
HS diploma16.5%
Some college34.8%
Bachelor's+44.8%
Housing tenure
70.2%
29.8%
Owner70.2%
Renter29.8%

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

2022 vs 2026

How ZIP 84062 in Pleasant Grove, UT has changed in 5 years

Rent
$1,562 → $1,714
up 9.7%
Income
$86,867 → $105,649
up 21.6%
Population
47,203 → 47,813
up 1.3%
Renter share
29.4% → 29.8%
+0.4 pts
Bachelor's+
43.8% → 44.8%
+1.0 pts

Five years ago, renters in ZIP 84062 in Pleasant Grove, UT paid around $1,562 a month. That figure now sits near $1,714, up 9.7% from the 2022 baseline. Household income in the area moved from $86,867 to $105,649 across the same window, up 21.6% versus 2021. 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 ZIP 84062 in Pleasant Grove, UT adding about 610 residents over the five-year window, up 1.3% on net. Reading these numbers side by side helps frame whether current listings in ZIP 84062 in Pleasant Grove, UT look reasonable against where the market sat half a decade ago.

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Local insights

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About renting in ZIP 84062

Last updated: October 17, 2026

ZIP code 84062 covers Pleasant Grove, UT. The median rent here is $1,714/mo as of October 2026. A 1-bedroom rents for a median of $1,370/mo. A 2-bedroom rents for a median of $1,580/mo.

At 19% of local median household income ($105,649/yr), ZIP 84062 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 84062?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,714/mo in ZIP 84062. The local median household income is $105,649/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 84062?

Rent in ZIP 84062 has risen 2.3% over the past year as of September 2026. It sits 0% below its high of $1,714 in February 2026.

How does ZIP 84062 compare to other ZIPs in Utah?

ZIP 84062 is in the middle among Utah ZIP codes for rent, ranking #38 of 79 at $1,714/mo. Over the year to September 2026, rent in ZIP 84062 changed +2.3%, against a typical +1.3% across the 66 Utah ZIP codes Zillow tracks.

How does ZIP 84062 compare to the rest of Pleasant Grove?

At $1,714/mo, ZIP 84062 is $1 above the Pleasant Grove citywide median of $1,713/mo.
Income Affordability
19%
VERY AFFORDABLE

At $1,714/mo, rent takes ~19% of ZIP 84062's median household income ($105,649/yr). The standard benchmark is 30%.

ZIP 84062 19%Benchmark 30%
State income tax4.55%
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Schools nearby

Public schools near ZIP 84062 (Pleasant Grove, UT)

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