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Fair Market Rent Prices in Provo-Orem, UT :
$507 $558 $652 $949 $1,143
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Provo-Orem are very high compared to the national average. This FMR area is more expensive than 91% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Provo-Orem is $652 per month.

This FMR rate applies to Elberta, UT, Eureka, UT, Goshen, UT, Levan, UT, Cedar Valley, UT, Mona, UT, Nephi, UT, Mapleton, UT, Salem, UT, Santaquin, UT and other cities within the region. The Metro Code or CBSA code for this region is METRO39340M39340.

Additionally, This Fair Market Rent (FMR) area Provo-Orem, UT MSA spans two counties or cities in Utah which ares listed in the table below. Estimated population of Provo-Orem, UT MSA FMR area is 376,774 people based on latest Census data.

Compared to the rest of Utah, the Provo-Orem FMR area is more expensive than 85% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Provo-Orem. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Provo-Orem

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 549
1-BR 1-Bedroom $ 591
2-BR 2-Bedroom $ 685
3-BR 3-Bedroom $ 996
4-BR 4-Bedroom $ 1199
Change Year:

The counties, cities, towns, and regions listed below fall into the Provo-Orem, UT MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Salt Lake City.

County / Region Est. Population
Juab County, UT Metro 8,238
Utah County, UT Metro 368,536
Zip Codes in Provo-Orem, UT MSA

There are 31 unique zip codes in this Fair Market Rent (FMR) area:

84003, 84004, 84005, 84013, 84032, 84042, 84043, 84045, 84057, 84058, 84059, 84062, 84097, 84601, 84602, 84603, 84604, 84605, 84606, 84626, 84628, 84633, 84639, 84645, 84648, 84651, 84653, 84655, 84660, 84663 and 84664

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