American Fork, Utah Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the American Fork, Utah rental market.
American Fork, Utah
Average Apartment Rent
$1,701
Y-o-Y Change in Average
Apartment Rent
5.2%
As of March 2026
Compared to a year ago, American Fork, Utah apartments have recorded a 5.2% rent increase.
American Fork, Utah Average apartment rent trend
American Fork, Utah Average Apartment Rent
American Fork, Utah Apartment rent ranges
At 53.05%, apartments priced $1,500 - $2,000 represent the bulk of American Fork, Utah rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.39%.
American Fork, Utah Housing tenure**
Renters take up 29% of American Fork, Utah real estate, occupying a total of 2,943 units, while homeowners live in 7,297 properties.
Median number of rooms of renter-occupied housing units**
4.8
Renter median household income**
$67,961
Average household size of renter-occupied housing units**
2.77
Rental vacancy rate**
2.9%
American Fork, Utah Renter-occupied housing units by no. of bedrooms**
There are 1,211 rentals in American Fork, Utah with 2 beds making up the highest share of the market, at 41%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 49 units. Overall, the median number of rooms in American Fork, Utah homes for rent is 4.8.
American Fork, Utah Renter-occupied units by age of householder**
Most condos for rent in American Fork, Utah are occupied by residents in the 25 - 34 years age group (44%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
American Fork, Utah Renter-occupied housing units by family type**
American Fork, Utah Renter-occupied housing units by the presence of own children**
A total of 2,135 apartments for rent in American Fork, Utah, or 73% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 1,039 units. All in all, the median size of a renter-occupied household in American Fork, Utah is 2.77.
American Fork, Utah Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 37% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in American Fork, Utah.
American Fork, Utah Renter-occupied units by year structure built**
The highest share of American Fork, Utah apartment rentals, namely 36% or 1,059 units, were Built 2010 - 2019, followed by those Built 1970 - 1979 (15%, 434 units), and the ones Built 1940 - 1949 (10%, 297 units).
American Fork, Utah Renter-occupied units by year householder moved in**
American Fork, Utah Renter-occupied housing units by vehicles available**
When it comes to transportation options, 49% of American Fork, Utah renters have 2 vehicles available per household, 28% of them have 1 vehicle available, and 10% have 3 vehicles available.
American Fork, Utah Means of transportation to work of householders living in renter-occupied housing units**
American Fork, Utah Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all American Fork, Utah apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
