Apartments for Rent in Nephi, UT

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What to Know About

Life in Nephi & Beyond

Nephi shares many of the great qualities that make Utah a desirable place to live.

Utah, known as the "Beehive State," offers awe-inspiring natural beauty and thrilling outdoor activities, making it a paradise for adventure enthusiasts. It is home to some of the country's most breathtaking national parks and monuments, including Zion National Park, Bryce Canyon National Park, and Arches National Park. Dive deep into Utah's rich cultural heritage by visiting museums and galleries, like the Natural History Museum of Utah and the Pioneer Memorial Museum, or enroll in some of the most prestigious universities in the US, like the University of Utah and Brigham Young University. In addition, industries like technology, tourism, and finance also bolster Utah's economy.

Sports fans have plenty of options to keep them entertained, whether cheering on the Utah Jazz (NBA) in Salt Lake City or skiing the world-renowned slopes of the Wasatch Mountains. Discover famous attractions like Temple Square, the Great Salt Lake, Moab, and the historic city of Park City, where the Sundance Film Festival is based.

With its exceptional living standards and robust economy, Utah is the perfect state for those seeking an unforgettable outdoor adventure and an authentic western experience, making it a great place to live.

Rental Market Trends

Nephi, UT

As of July 2025, Nephi's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Nephi's average rent is 23.2% ($396) lower than the Utah average of $1,709 and 26.0% ($462) lower than the U.S. average of $1,775.

Average Rent
$1,313
Monthly ChangeMonth Over Month Change
Decreased0.8% ($11)
Yearly ChangeYear Over Year Change
Decreased13.4% ($203)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $763 Decreased0.8% ($6) Decreased28.8% ($308)
2 Beds $982 Increased0.2% ($2) Decreased22.5% ($285)
3 Beds $1,333 No change Decreased21.8% ($372)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Nephi Rental Market FAQs

Explore rental prices, market trends, and availability in Nephi, UT.

The average rent in Nephi, UT is $1,313 per month.
Apartments in Nephi typically rent for between $600 and $1,733 per month, with an average of $1,313 per month.
In Nephi, the average rent for a 1-bedroom apartment is $763 per month, for a 2-bedroom apartment, $982 per month, and a 3-bedroom apartment is $1,333 per month.
The average rent in Nephi is 26% ($462) lower than the national average of $1,775 per month.
The average rent in Nephi has decreased by 0.8% ($11) in the last month and decreased by 13.4% ($203) over the past year.
The rental market in Nephi, UT, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Nephi, UT, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 4 rental properties available in Nephi, UT.
Based on the current averages, a household would need an annual income of $39,280 to comfortably afford a 2-bedroom apartment in Nephi.
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