Skip to content
MyInversorAI
EN · EnglishES · Español
Get started free

State market data

Utah rental market data for real estate investors

Official figures for Utah, each with its date and a link to the publisher, three ratios MyInversorAI calculates from them (labelled as such), and the starting assumptions the MyInversorAI analysis uses there. The figures are published estimates, not forecasts.

Official sourcesData as of: rental vacancy rate Q2 2026 · Census ACS 2020-2024

Key figures

Utah at a glance

Rental vacancy rate
4.7% (±2.1 percentage points)Second quarter of 2026 · U.S. Census Bureau (CPS/HVS)

Census American Community Survey

Housing costs and income (Census ACS 2020-2024)

Medians for Utah from the U.S. Census Bureau's American Community Survey 5-Year Estimates, which pool survey responses from 2020 through 2024 (released January 29, 2026). Each figure shows its 90 percent margin of error (±) and links to its Census table.

Median gross rent
$1,496 per month (±$9)Rent plus utilities and fuels paid by the renter; renter-occupied homes paying cash rent · Census table B25064
Median home value
$489,400 (±$1,629)Owner-occupied homes; the value is the owner's estimate · Census table B25077
Median household income
$95,166 per year (±$774)All households; in 2024 inflation-adjusted dollars · Census table B19013
Median real estate taxes paid
$2,525 per year (±$10)Owner-occupied homes · Census table B25103
Effective property tax rate
0.52%Calculated by MyInversorAI: median real estate taxes paid ÷ median home value. An approximation from two medians, not the tax rate of any one home.

Derived, not official statistics

MyInversorAI indicators (derived, not official statistics)

Two ratios MyInversorAI calculates from the Census medians above, to compare states at a glance. They are estimates, not Census figures, and have no margin of error.

Estimated gross annual yield
3.7%MyInversorAI estimate: 12 × median gross rent ÷ median home value.Twelve months of median gross rent equal about 3.7% of the median home value.
Price-to-income ratio
5.1MyInversorAI estimate: median home value ÷ median household income.The median home value is about 5.1 times the median household income.

State medians mix different groups: rent comes from renter-occupied homes, value from owner-occupied homes and income from all households. Gross rent includes utilities and fuels the renter pays, so it can be higher than the rent a landlord collects. These ratios describe the state as a whole; they are not the return, price or affordability of any property, and they do not promise any return. Analyze a specific property with your own figures.

Quotable facts

Key facts about the Utah rental market

Each sentence quotes a published figure with its date and source.

  • As of the second quarter of 2026, the rental vacancy rate in Utah was 4.7% (margin of error ±2.1 percentage points), according to the U.S. Census Bureau's Housing Vacancy Survey (CPS/HVS).
  • At 90 percent confidence, the Census estimate for the second quarter of 2026 puts the rental vacancy rate in Utah between 2.6% and 6.8%.
  • That means about 5 of every 100 units in the rental inventory of Utah were vacant and available for rent in the second quarter of 2026.
  • Among the 50 states and the District of Columbia, the estimate for Utah tied for 44th of 51 from highest to lowest in the second quarter of 2026 (median of the 51 estimates: 6.7%); because each estimate has a margin of error, small differences between states may not be statistically significant.
  • According to the U.S. Census Bureau's American Community Survey 5-Year Estimates (2020-2024), the median gross rent in Utah was $1,496 per month (±$9).
  • The median value of owner-occupied homes in Utah was $489,400 (±$1,629) in the U.S. Census Bureau's American Community Survey 5-Year Estimates (2020-2024).
  • The median household income in Utah was $95,166 (±$774, in 2024 inflation-adjusted dollars), according to the American Community Survey 5-Year Estimates (2020-2024) of the U.S. Census Bureau.
  • In the American Community Survey 5-Year Estimates (2020-2024), the median real estate taxes paid on owner-occupied homes in Utah were $2,525 a year (±$10), about 0.52% of the median home value (an approximation calculated by MyInversorAI from the two Census medians).

Reading the figures

What these figures mean for a rental analysis

Vacancy is a statewide estimate
The rental vacancy rate is the share of the rental inventory that is vacant and for rent. A statewide figure hides local differences: use a vacancy assumption for the neighborhood and property type when you have one.
The margin of error matters
Census publishes each state estimate with a 90 percent margin of error. When two states differ by less than their margins, the difference may not be real.
Estimates are quarterly
Census publishes the state rental vacancy rates once a quarter. Each figure on this page carries its own quarter: it describes that quarter, not the current month.
Five-year estimates describe a period
The American Community Survey figures pool responses collected from 2020 through 2024. They are steadier than a single year of data, but they describe that period, not today's rents or prices. Census releases a new five-year period once a year.
Medians of different groups
Rent covers renter-occupied homes, home value and property taxes cover owner-occupied homes, and income covers all households. Ratios between them, such as the indicators above, are rough state-level comparisons, not the numbers of any one property.

Calculator defaults

Defaults our calculators use, not market data

When you analyze a property in Utah and leave these fields blank, the MyInversorAI analysis starts from these planning assumptions. They are internal defaults, not measured market figures: replace them with your own numbers or quotes. The analysis also starts from the Census rental vacancy rate above.

Property management fee
10% of rent
Maintenance reserve
4% of rent
Capital expense (CapEx) reserve
4% of rent
Condo HOA fee, when none is entered
$360/month
Townhouse HOA fee, when none is entered
$200/month

Assumptions dated April 29, 2026.

Homebuyer programs

Homebuyer assistance programs for Utah

Programs from our directory, each linked to the agency that runs it. Terms, limits and amounts change: confirm eligibility with the agency before you apply.

State programs

Our directory has not reviewed a state housing finance agency program for Utah yet. The federal programs below apply in every state.

Federal programs (all states)

  • U.S. Department of Housing and Urban Development (HUD)

    FHA mortgage loans

    Government-insured mortgage with lower down-payment and credit-score requirements than conventional loans. Common path for first-time buyers.

    Eligibility: Open to most U.S. buyers; primary residence only.

    Official siteLink checked April 1, 2026

  • U.S. Department of Veterans Affairs

    VA home loan

    Zero-down-payment, no-mortgage-insurance home loan backed by the Department of Veterans Affairs for eligible veterans, service members, and surviving spouses.

    Eligibility: Eligible veterans, active-duty service members, National Guard, and qualifying surviving spouses.

    Official siteLink checked April 1, 2026

  • U.S. Department of Agriculture (USDA) Rural Development

    USDA Rural Development loans

    Zero-down-payment loans for buyers in eligible rural and suburban areas. Includes guaranteed and direct loan programs.

    Eligibility: Income limits apply. Property must be in a USDA-eligible rural area.

    Official siteLink checked April 1, 2026

  • HUD Office of Housing Counseling

    HUD-approved housing counseling

    Free or low-cost counseling on buying, renting, foreclosure prevention, and credit. Search for HUD-approved counselors near you.

    Eligibility: Open to all renters and homeowners.

    Official siteLink checked April 1, 2026

  • U.S. Department of Housing and Urban Development (HUD)

    HUD homebuying resources

    Federal portal that catalogs first-time-buyer programs, state assistance directories, and HUD-owned home listings.

    Official siteLink checked April 1, 2026

Run your numbers

Analyze a rental property in Utah

The free calculators run in your browser with your own figures. A free account saves your analyses and builds a full report.

Create a free accountAll calculators

Sources and method

Where the figures come from

  • Rental vacancy rate and margin of error: U.S. Census Bureau, Current Population Survey/Housing Vacancy Survey (CPS/HVS), Table 1, rental vacancy rates by state. Census HVS state tablesWorkbook used
  • Median gross rent, median home value, median household income, and median real estate taxes paid, with their 90 percent margins of error: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 (released January 29, 2026; retrieved October 21, 2026). Public domain (U.S. government work). Table B25064Table B25077Table B19013Table B25103Release notes
  • Homebuyer programs: MyInversorAI directory, linked to each agency’s official page.

Figures are copied from the sources without adjustment, except rounding to the precision each source publishes. Values marked as calculated by MyInversorAI (the effective property tax rate and the indicators box) are ratios of the Census medians, computed with the formula shown next to each and rounded (the tax rate to two decimals, the indicators to one); they are not official statistics. The sentences on this page are written from the figures by fixed rules, so the same data always gives the same text. Internal planning defaults appear only in the box labelled as such.

Not shown: figures whose source terms or dates we have not verified, such as insurance averages, third-party listing statistics and internal scores.

Other states

Market data for other states

All states

Educational information

Not financial, tax or legal advice

These pages summarize published statistics for education. They are not a forecast, an appraisal, or financial, tax, lending or legal advice, and they do not promise any return. Estimates have margins of error and can be revised by their publishers. Verify the figures that matter to your decision.