Are you considering renting in Provo? If you are looking for apartments, and you’ve already begun to search rental listings, you may be well on your way to deciding this is the place for you. But, before you do, you need to be asking questions about the area, about the rentals there, about prices for apartments, and so much more.
You can’t just up and move to a new place without knowing anything about it, which is where we come in. Down below, we’re going to be taking a look at some of the things you should know about renting in Provo to help you make an informed decision. Want to find out more? Let’s get into it.
Is Provo, Ut Expensive To Live In?
The short answer is no. When you compare this place to the national average, it sits between 2-7% lower in terms of cost, making it a reasonably affordable option. This is especially true for Utah, as you know that it’s an expensive state to live in generally.
Overall, when it comes to affordability, it’s 1% lower than the average cost of living in other areas of Utah, but the cost of utilities is significantly cheaper by about 20%. Having said that, the costs are slowly rising here, with a growing demand pushing house and rental prices up, which can cause problems for some.
Are Rent Prices Going Down In Utah?
As of early 2026, it does appear that rent prices for apartments seem to be taking a slow downward turn. This is true of Provo, as well as other areas of Utah, especially places like Salt Lake City.
The reason that this is happening is that there have been so many new apartments for accommodation built, that there is now a lot of competition between landlords to get people to occupy these homes and apartments. As such, competitive pricing is needed so that this oversupply isn’t so much of an issue.
However, it is important to note here that while overall rent prices do seem to be moving downwards, this is not true for all types. Studio apartments for example are actually seeing a price increase due to the expanding demand for them.
How Much Income Do I Need To Rent?
The average rent in Provo, Utah at the moment is rated between $1,200 and $1,400 for 1-bedroom apartments. As such, you should be earning no less than around $4,000 per month to be able to afford to rent here. This comes as the general financial guidelines are that rent should not be more than 30% of your income else it is deemed unaffordable.
As such, if you want to rent comfortably here, you’re going to want to earn a little more so that you’re not sitting right on the bottom threshold. To do this, your best bet is to earn around $4,500 minimum, as this allows you to rent some of the slightly more expensive options as well.
When you’re looking at Provo rentals, just make sure that you’re considering the cost against your gross monthly income so as not to waste your time.
Are Short-Term Rentals Allowed In Provo?
An important piece of information that you need is that short-term rentals are banned in agricultural and residential areas in Provo. However, they are permitted in certain downtown, commercial, and mixed-use zones.
In order to be able to do this though, those who own property they want to rent out short term need to get a specific short-term rental license from the city, and ensure that they comply with all rules related to zoning, parking, and safety.
Short-term rentals are rentals that are less than 30 days. They are prohibited to keep the community feel to the area, rather than turning it into somewhere people come and go from constantly.
Who Lives In Provo?
There is actually quite a decent mix of people living here. From students to young working professionals and young families, there is a really strong sense of community here. There are a lot of students here due to the university, which is why housing is significantly more affordable here than in other areas.
We hope that you have found this article helpful, and now have a little more information on what renting in Provo is like. Of course you still need to do your own research to ensure that you get all of the information you feel you need, but this is a great place to start.
FAQ:
Is Provo A Good Place To Live?
With affordable housing options and being so close to other major areas of Utah, this is definitely a fantastic place to live.
Is Provo An Easy Place To Commute From?
Whether you’re going to be using public transport or driving yourself, it’s relatively easy to commute from Provo to several other areas across Utah.
