Find Homes & Apartments for Rent in Payson, UT

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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 March 2025, Payson's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Payson's average rent is 15.2% ($258) lower than the Utah average of $1,702 and 19.2% ($344) lower than the U.S. average of $1,788.

Average Rent
$1,444
Monthly ChangeMonth Over Month Change
Increased8.1% ($108)
Yearly ChangeYear Over Year Change
Decreased15% ($255)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,142 Increased8.5% ($89) Increased0.4% ($4)
2 Beds $1,384 Increased11.1% ($138) Increased2.8% ($38)
3 Beds $1,843 Increased9.9% ($166) Increased1.7% ($31)
Nearby Cities Average Rent Avg. Rent vs. PaysonAverage Rent vs. Payson Avg. Days on MarketAverage Days on Market
Salem $1,565 Increased8.4% ($121) 29 days
Spanish Fork $1,568 Increased8.6% ($124) 23 days
Santaquin $1,363 Decreased5.6% ($81) 25 days
Provo $1,353 Decreased6.3% ($91) 26 days
Springville $1,253 Decreased13.2% ($191) 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 $1,444 per month.
Homes in Payson typically rent for between $799 and $2,396 per month, with an average of $1,444 per month.
In Payson, the average rent for a 1-bedroom home is $1,142 per month, for a 2-bedroom home, $1,384 per month, and a 3-bedroom home is $1,843 per month.
The average rent in Payson is 19.2% ($344) lower than the national average of $1,788 per month.
The average rent in Payson has increased by 8.1% ($108) in the last month and decreased by 15.0% ($255) 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 14 rental properties available in Payson, UT.
Based on the current averages, a household would need an annual income of $55,360 to comfortably afford a 2-bedroom home in Payson.
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