About Fair Housing Find a manager that fits your property

Property Managers in the Provo Region, UT

Browse vetted property managers in the Provo Region, UT. Review services and vetting status, then reach out or request a free quote.

Armstrong Property Management
Bruce Armstron
Orem, UT
Unverified Long-term Residential
›
Property Management Inc
Carey Beagley Vice President
Lehi, UT
Unverified
›

Rental market in the Provo region: rising rents

In the Provo region, Census median gross rent rose about 45.4% over the last five years, rents on a clear upward path. The market also shows a population of 705,400, up 16.5% over five years, three-bedroom rents about 13% below the U.S. average, and renters in 31.7% of homes. The typical home is valued near $538,700, and the median household earns about $100,671 a year, with renters spending a median 28.2% of income on rent.

Market at a glance

Rents & affordability

-20% 2-bed vs U.S. rent
-13% 3-bed vs U.S. rent
-10% 4-bed vs U.S. rent
+45.4% Rent trend, 5-yr
28.2% Rent-to-income

People & households

31.7% Renter-occupied
705,400 Population
+16.5% Population, 5-yr
$100,671 Median household income

Housing stock

3.8% Vacancy rate
$538,700 Median home value
2001 Median year built
75.1% Single-family homes

Jobs

3.8% Unemployment rate
Rent vs the U.S. average, by bedroom size
U.S. average 2-bed -20% 3-bed -13% 4-bed -10%
Who rents vs owns
Renters 31.7% Owners 68.3%

A professional property manager in the Provo region generally handles pricing, marketing, tenant screening, rent collection, and maintenance. About 75.1% of local housing is single-family, a common focus for rental owners. With vacancy near 3.8%, rent positioning and days on market can shape your return. Area unemployment is 3.8% as of August 2026. Browse the managers here and request pricing.

Nearby communities in the Provo region: American Fork, Cedar Fort, Eagle Mountain, Elk Ridge, Goshen, Lehi, Mapleton, Orem.

All rent figures cover long-term residential leases, not short-term or vacation stays. Commercial rents are not listed, but they generally follow local residential movement, so the signal above still applies to you.

Frequently asked questions

Are rents rising in the Provo region?

The five-year trend shows Census median gross rent rose about 45.4%.

How do rents in the Provo region compare to the national average?

Relative to the U.S. as a whole: two-bedroom -20%, three-bedroom -13%, four-bedroom -10%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.

Is the Provo region a good market for rental property?

Demand is strong here, with few vacant units available. Renters make up 31.7% of households and vacancy sits near 3.8%. Three-bedroom rents run about 13% below the national average, and rents rose about 45.4% over five years.

How strong is rental demand in the Provo region?

About 31.7% of homes are renter-occupied, and the population of 705,400 grew 16.5% over five years. Vacancy runs near 3.8%.

Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (August 2026).