Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Provo area can be challenging. Home prices in Provo are now at a median cost of $402,805, higher than the Utah average of $361,191.
The average cost of rent is $1,483/mo in Provo, primarily driven by the current value of real estate in the Provo area. While nearly 25.28% of residents own their homes outright in Provo, 24.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Provo is $8,112 per month. Households that rent pay about 18.28% of their income on rent here. Provo's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Orem, UT: less expensive homes
- Vineyard, UT: equally priced homes
- Palmyra, UT: less expensive homes
- Springville, UT: less expensive homes
- Lindon, UT: higher priced homes
- Mapleton, UT: higher priced homes
- Pleasant Grove, UT: less expensive homes
- Lake Shore, UT: higher priced homes
- Spanish Fork, UT: equally priced homes
- American Fork, UT: equally priced homes
Cities with Similar Populations
- Somerville, MA: higher priced homes
- St. Petersburg, FL: less expensive homes
- Spring, TX: less expensive homes
- St. Peters, MO: less expensive homes
- Snellville, GA: less expensive homes
- Shreveport, LA: less expensive homes
- Silver Spring, MD: higher priced homes
- Simi Valley, CA: higher priced homes
- St. Joseph, MO: less expensive homes
- Sioux Falls, SD: less expensive homes
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