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Affordable
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These days, finding an affordable place to live in the American Fork area can be challenging. Home prices in American Fork are now at a median cost of $544,377, higher than the Utah average of $525,914.
The average cost of rent is $1,711/mo in American Fork, primarily driven by the current value of real estate in the American Fork area. In American Fork, 32.98% of households rent, and 23.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in American Fork is $9,000 per month. Households that rent pay about 19.01% of their income on rent here. American Fork’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cedar Hills, UT: higher priced homes
- Highland, UT: higher priced homes
- Pleasant Grove, UT: equally priced homes
- Lehi, UT: higher priced homes
- Alpine, UT: higher priced homes
- Lindon, UT: higher priced homes
- Vineyard, UT: equally priced homes
- Saratoga Springs, UT: equally priced homes
- Orem, UT: less expensive homes
- Draper, UT: higher priced homes
Cities with Similar Populations
- San Luis, AZ: less expensive homes
- Lexington, MA: higher priced homes
- Sapulpa, OK: less expensive homes
- Socorro, TX: less expensive homes
- Spotsylvania, VA: less expensive homes
- Farmington, MN: less expensive homes
- Granite City, IL: less expensive homes
- Bowling Green, OH: less expensive homes
- La Verne, CA: higher priced homes
- Knightdale, NC: less expensive homes
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