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ZIP Code · UT

ZIP 84720

Pop. 25,708·Iron County·70th most expensive ZIP in Utah
Median rent (all units)
$1,445/mo
Year-over-Year
+11.8%
Month-over-Month
-0.6%
vs US Median
-$520
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 84720 · $1,445
More affordable than 77% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,040
1 BR
$1,050
2 BR
$1,340
3 BR
$1,780
4 BR+
$2,250
Research median
$1,340/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
$17,340/yr
At $1,445/mo median
Location
StateUT
CountyIron County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.8% YoY, -0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 84720 (Cedar City, UT) is majority owner-occupied, skews toward younger working-age adults, 36.4% of residents hold a bachelor's degree or higher.

Population
25,708
Median income
$67,670
Median age
29.5
Renters
35.6%
Age distribution
25.2%
32%
18.9%
15.1%
Under 1825.2%
18–3432%
35–5418.9%
55–648.8%
65+15.1%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
83.7%
White83.7%
Black1.2%
Hispanic11%
Asian2.4%
Other1.6%
Education (25+)
23.6%
34.1%
36.4%
No HS diploma6%
HS diploma23.6%
Some college34.1%
Bachelor's+36.4%
Housing tenure
64.4%
35.6%
Owner64.4%
Renter35.6%

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

2021 vs 2026

How ZIP 84720 in Cedar City, UT has changed in 5 years

Income
$54,418 → $67,670
up 24.4%
Population
22,797 → 25,708
up 12.8%
Renter share
38.7% → 35.6%
-3.1 pts
Bachelor's+
35.2% → 36.4%
+1.2 pts
Median age
27 → 29.5
+2.5 yrs

Household income in the area moved from $54,418 to $67,670 across the same window, up 24.4% versus 2021. The population has grown by 12.8% since 2021, moving from about 22,797 residents to roughly 25,708. Renters now make up 35.6% of households, compared with 38.7% five years ago.

Community

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Local insights

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About renting in ZIP 84720

Last updated: July 20, 2026

ZIP code 84720 covers Cedar City, UT. The median rent here is $1,445/mo as of July 2026. A 1-bedroom rents for a median of $1,050/mo. A 2-bedroom rents for a median of $1,340/mo.

At 26% of local median household income ($67,670/yr), ZIP 84720 ranks as affordable compared to the national benchmark of 30%. Rents have increased 11.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 84720?

As of July 20, 2026, the median monthly rent in ZIP 84720 (Cedar City, UT) is $1,445. This is based on aggregated data from public sources and community submissions.

How does ZIP 84720 rent compare to the US average?

ZIP 84720's median rent of $1,445/mo is $520 (26%) below the US national median of $1,965/mo.

How does ZIP 84720 compare to other ZIPs in Utah?

ZIP 84720 is among the more affordable ZIP codes in Utah, ranking #70 out of 79 ZIPs at $1,445/mo.

How much income do you need to rent in ZIP 84720?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (~$28/hour full-time) to afford the median rent of $1,445/mo in ZIP 84720. The local median household income is $67,670/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 84720?

Rent in ZIP 84720 has increased 11.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 84720 an affordable place to rent?

ZIP 84720 is considered affordable for renters. At $1,445/mo, rent takes approximately 26% of the local median household income ($67,670/yr). The standard benchmark is 30%. ZIP 84720 falls comfortably within that range.

What percentage of ZIP 84720 residents rent vs. own?

According to Census data, approximately 35.6% of ZIP 84720 households are renters, while 64.4% are owner-occupied. ZIP 84720 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 84720 compare to the rest of Cedar City?

ZIP 84720 is more affordable than Cedar City overall. At $1,445/mo, it's $37 below the Cedar City citywide median of $1,482/mo.

When was rent data for ZIP 84720 last updated?

Rent data for ZIP 84720 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,445/mo, rent takes ~26% of ZIP 84720's median household income ($67,670/yr). The standard benchmark is 30%.

ZIP 84720 26%Benchmark 30%
State income tax4.55%
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Schools nearby

Public schools near ZIP 84720 (Cedar City, UT)

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