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 July 2025, Payson's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Payson's average rent is 18.5% ($316) lower than the Utah average of $1,709 and 21.5% ($382) lower than the U.S. average of $1,775.

Average Rent

$1,393

Monthly ChangeMonth Over Month Change

10.2% ($129)

Yearly ChangeYear Over Year Change

10.4% ($161)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,066	6.2% ($62)	7.5% ($87)
2 Beds	$1,293	0.1% ($1)	5.2% ($71)
3 Beds	$1,704	2.9% ($50)	3.9% ($64)

Nearby Cities	Average Rent	Avg. Rent vs. PaysonAverage Rent vs. Payson	Avg. Days on MarketAverage Days on Market
Spanish Fork	$1,800	29.2% ($407)	23 days
Santaquin	$1,434	2.9% ($41)	25 days
Provo	$1,397	0.3% ($4)	26 days
Springville	$1,483	6.5% ($90)	24 days
Vineyard	$1,782	27.9% ($389)	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.

What is the average rent in Payson, UT?

The average rent in Payson, UT is $1,393 per month.

What is the rental price range for apartments in Payson, UT?

Apartments in Payson typically rent for between $746 and $2,215 per month, with an average of $1,393 per month.

What is the average rent for different bedroom sizes in Payson, UT?

In Payson, the average rent for a 1-bedroom apartment is $1,066 per month, for a 2-bedroom apartment, $1,293 per month, and a 3-bedroom apartment is $1,704 per month.

How do rent prices in Payson, UT compare with the national average?

The average rent in Payson is 21.5% ($382) lower than the national average of $1,775 per month.

How have rent prices in Payson, UT changed recently?

The average rent in Payson has increased by 10.2% ($129) in the last month and decreased by 10.4% ($161) over the past year.

How competitive is the rental market in Payson, UT?

The rental market in Payson, UT, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Payson, UT?

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.

How many rental properties are available in Payson, UT?

There are currently 16 rental properties available in Payson, UT.

Can I afford to rent an apartment in Payson, UT?

Based on the current averages, a household would need an annual income of $51,720 to comfortably afford a 2-bedroom apartment in Payson.