American Fork renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in American Fork is about $1,477 per month. This puts it in the 87th percentile compared to the state average cost of rent, which is $1,344. Households in American Fork have a median income of $7,478 per month so the average renter in American Fork is spending roughly 20% of their earnings on housing.
Nationally, and in American Fork, home values are the data point most closely correlated with the cost of rent. The median price of a home in American Fork is $381,765 right now, which is lower than nearby cities, meaning that rents in American Fork also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of American Fork while lower rent rates are often available in western areas.
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