Homes for Rent in 84651

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What to Know About

Life in Payson & Beyond

Payson 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

Payson, UT

As of May 2025, Payson's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Payson's average rent is 1.2% ($20) lower than the Utah average of $1,665 and 8.3% ($148) lower than the U.S. average of $1,793.

Average Rent
$1,645
Monthly ChangeMonth Over Month Change
Decreased12.5% ($234)
Yearly ChangeYear Over Year Change
Increased4.7% ($74)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,017 Decreased12.6% ($147) Decreased9% ($101)
2 Beds $1,296 Decreased10.1% ($146) Increased3.9% ($49)
3 Beds $1,763 Decreased10.8% ($213) Decreased3.2% ($59)
Nearby Cities Average Rent Avg. Rent vs. PaysonAverage Rent vs. Payson Avg. Days on MarketAverage Days on Market
Spanish Fork $1,803 Increased9.6% ($158) 23 days
Santaquin $1,628 Decreased1% ($17) 25 days
Provo $1,207 Decreased26.6% ($438) 26 days
Springville $1,561 Decreased5.1% ($84) 24 days
Vineyard $1,460 Decreased11.2% ($185) 24 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Payson Rental Market FAQs

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

The average rent in Payson, UT is $1,645 per month.
Homes in Payson typically rent for between $712 and $2,292 per month, with an average of $1,645 per month.
In Payson, the average rent for a 1-bedroom home is $1,017 per month, for a 2-bedroom home, $1,296 per month, and a 3-bedroom home is $1,763 per month.
The average rent in Payson is 8.3% ($148) lower than the national average of $1,793 per month.
The average rent in Payson has decreased by 12.5% ($234) in the last month and increased by 4.7% ($74) over the past year.
The rental market in Payson, UT, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Payson, UT, the average rental stays on the market for approximately 26 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 11 rental properties available in Payson, UT.
Based on the current averages, a household would need an annual income of $51,840 to comfortably afford a 2-bedroom home in Payson.
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