The Most Affordable Neighborhoods in Provo South, Provo, UT by Home Value

 

Provo South, Provo, UT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Provo South area can be challenging. Home prices in Provo South are now at a median cost of $487,043, lower than the Provo average of $556,531.

The average cost of rent is $1,671/mo in Provo South, primarily driven by the current value of real estate in the Provo South area. In Provo South, 53.57% of households rent, and 15.06% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Provo South is $6,914 per month. Households that rent pay about 24.16% of their income on rent here. Provo South’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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