Provo-Orem-Lehi, UT Metro Area: Median Gross Rent Trend
How Provo-Orem-Lehi, UT Metro Area's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$950
2023
$1,434
Total change
+$484
% change
+50.9%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $950 | — |
| 2019 | $1,054 | +$104 (10.9%) |
| 2020 | $1,095 | +$41 (3.9%) |
| 2021 | $1,193 | +$98 (8.9%) |
| 2022 | $1,325 | +$132 (11.1%) |
| 2023 | $1,434 | +$109 (8.2%) |