ZIP Code · UT

ZIP 84601

Part of Provo, UT

Pop. 32,330·Utah County·70th most expensive ZIP in Utah

Median rent (all units)

$1,482/mo

Year-over-Year

+1.0%

Month-over-Month

-0.3%

vs US Median

-$450

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 84601 · $1,482

More affordable than 74% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,150

1 BR

$1,150

2 BR

$1,330

3 BR

$1,850

4 BR+

$2,230

Research median

$1,330/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 84601 is 2% below its high of $1,513 in June 2026, at $1,482 as of September 2026.

Past year vs. the rest of Utah

Rent in ZIP 84601 changed +1.0% over the year to September 2026. Across the 66 Utah ZIP codes Zillow tracks, the typical change was +1.3%.

Recent direction

Rent has fallen 3 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($67,207) is $1,680 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,330); a 3-bedroom is $1,850.

Rank in Provo

1st cheapest of 3 ZIP codes in Provo.

From Zillow's monthly rent index (ZORI) for ZIP 84601. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,784/yr

At $1,482/mo median

Location

CityProvo

StateUT

CountyUtah 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 (+1.0% YoY, -0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 84601 (Provo, UT) is roughly split between renters and owners, skews toward younger working-age adults, 32.9% of residents hold a bachelor's degree or higher.

Population

32,330

Median income

$67,207

Median age

25.9

Renters

51.9%

Age distribution

24.1%

40.4%

20.5%

Under 1824.1%

18–3440.4%

35–5420.5%

55–647.2%

65+7.7%

Gender

50.4%

49.6%

Male50.4%

Female49.6%

Race & ethnicity

67%

34.3%

White67%

Black1.4%

Hispanic34.3%

Asian2.1%

Education (25+)

15.8%

18.8%

32.6%

32.9%

No HS diploma15.8%

HS diploma18.8%

Some college32.6%

Bachelor's+32.9%

Housing tenure

48.1%

51.9%

Owner48.1%

Renter51.9%

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

2023 vs 2026

How ZIP 84601 in Provo, UT has changed in 5 years

Rent

$1,333 → $1,482

up 11.2%

Income

$54,239 → $67,207

up 23.9%

Population

33,109 → 32,330

down 2.4%

Renter share

56.3% → 51.9%

-4.4 pts

Bachelor's+

31.7% → 32.9%

+1.2 pts

Median age

25.4 → 25.9

+0.5 yrs

Since 2023, the typical rent in ZIP 84601 in Provo, UT has increased from $1,333 to $1,482, a 11.2% change over five years. Local incomes tracked alongside that move, going from a median of $54,239 in 2021 to $67,207 more recently. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has contracted by 2.4% since 2021, moving from about 33,109 residents to roughly 32,330. Renters now make up 51.9% of households, compared with 56.3% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 84601 in Provo, UT market of 2023.

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About renting in ZIP 84601

Last updated: October 17, 2026

ZIP code 84601 covers Provo, UT. The median rent here is $1,482/mo as of October 2026. A 1-bedroom rents for a median of $1,150/mo. A 2-bedroom rents for a median of $1,330/mo.

At 26% of local median household income ($67,207/yr), ZIP 84601 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 84601?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (about $28/hour full-time) to afford the median rent of $1,482/mo in ZIP 84601. The local median household income is $67,207/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 84601?

Rent in ZIP 84601 has risen 1.0% over the past year as of September 2026. It sits 2% below its high of $1,513 in June 2026.

How does ZIP 84601 compare to other ZIPs in Utah?

ZIP 84601 is one of the more affordable among Utah ZIP codes for rent, ranking #70 of 79 at $1,482/mo. Over the year to September 2026, rent in ZIP 84601 changed +1.0%, against a typical +1.3% across the 66 Utah ZIP codes Zillow tracks.