Average Rent in Provo-Orem-Lehi, UT
The Fair Market Rent for a 2-bedroom in Provo-Orem-Lehi, UT is $1,460 per month, based on HUD data. With a median household income of $96,745, a household would spend 18.1% of income on housing at Fair Market Rent. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,257 |
| 1 Bedroom | $1,265 |
| 2 Bedroom | $1,460 |
| 3 Bedroom | $2,031 |
| 4 Bedroom | $2,449 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $96,745 |
| Rent Burden (2BR FMR / Income) | 18.1% |
| Income Needed for 2BR (30% rule) | $58,400/yr |