Bountiful, Utah Rental Market Trends

Disclaimer:

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 Bountiful, Utah rental market.

Bountiful, Utah

Average Apartment Rent

$1,502

Y-o-Y Change in Average
Apartment Rent

3.1%

As of March 2026

Compared to a year ago, Bountiful, Utah apartments have recorded a 3.1% rent increase.

Bountiful, Utah Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Bountiful $1,479 $1,468 $1,486 $1,463 $1,477 $1,457 $1,468 $1,471 $1,502
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Bountiful
National
Jul 2023
$1,479
$1,735
Nov 2023
$1,468
$1,724
Mar 2024
$1,486
$1,729
Jul 2024
$1,463
$1,750
Nov 2024
$1,477
$1,743
Mar 2025
$1,457
$1,749
Jul 2025
$1,468
$1,763
Nov 2025
$1,471
$1,749
Mar 2026
$1,502
$1,750

Bountiful, Utah Average Apartment Rent

Bountiful, Utah Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 51.19%, apartments priced $1,000 - $1,500 represent the bulk of Bountiful, Utah rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 2.55%.

Bountiful, Utah Housing tenure**

Renter occupied housing units 3,915
Owner occupied housing units 10,590

Renters take up 27% of Bountiful, Utah real estate, occupying a total of 3,915 units, while homeowners live in 10,590 properties.

Median number of rooms of renter-occupied housing units**

4.8

Renter median household income**

$57,338

Average household size of renter-occupied housing units**

2.78

Rental vacancy rate**

6.3%

Bountiful, Utah Renter-occupied housing units by no. of bedrooms**

No bedrooms 195
1 bed 348
2 beds 1,916
3 beds 709
4 beds 557
5 or more beds 190

There are 1,916 rentals in Bountiful, Utah with 2 beds making up the highest share of the market, at 49%. Units with 5 or more beds, on the other hand, hold the lowest percentage (5%), amounting to 190 units. Overall, the median number of rooms in Bountiful, Utah homes for rent is 4.8.

Bountiful, Utah Renter-occupied units by age of householder**

15 - 24 years 518
25 - 34 years 1,462
35 - 44 years 719
45 - 54 years 326
55 - 59 years 256
60 - 64 years 123
65 - 74 years 192
75 - 84 years 141
85 years and over 178

Most condos for rent in Bountiful, Utah are occupied by residents in the 25 - 34 years age group (37%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 3%.

Bountiful, Utah Renter-occupied housing units by family type**

Family households 2,397
Non-Family Households 1,518

Bountiful, Utah Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 1,522
No related children of the householder under 18 2,393

A total of 2,397 apartments for rent in Bountiful, Utah, or 61% of all rentals are family households. Additionally, 39% of rental homes include children under the age of 18 – that’s 1,522 units. All in all, the median size of a renter-occupied household in Bountiful, Utah is 2.78.

Bountiful, Utah Renter-occupied housing units by educational attainment**

Less than high school graduate 202
High school graduate (including equivalency) 851
Some college or associate's degree 1,513
Bachelor's degree or higher 1,349

In terms of education, renters holding bachelor degrees or higher make up 34% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Bountiful, Utah.

Bountiful, Utah Renter-occupied units by year structure built**

Built 2010 - 2019 413
Built 2000 - 2009 381
Built 1990 - 1999 318
Built 1980 - 1989 747
Built 1970 - 1979 724
Built 1960 - 1969 594
Built 1950 - 1959 480
Built 1940 - 1949 162
Built 1939 or earlier 80

The highest share of Bountiful, Utah apartment rentals, namely 19% or 747 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (18%, 724 units), and the ones Built 1960 - 1969 (15%, 594 units).

Bountiful, Utah Renter-occupied units by year householder moved in**

Moved in 2021 or later 508
Moved in 2018 to 2020 1,609
Moved in 2010 to 2017 1,654
Moved in 2000 to 2009 99
Moved in 1990 to 1999 29

Median year renter moved into unit 2018

Most Bountiful, Utah renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Bountiful, Utah condos for rent is 2018.

Bountiful, Utah Renter-occupied housing units by vehicles available**

No vehicle available 348
1 vehicle available 1,491
2 vehicles available 1,384
3 vehicles available 366
4 vehicles available 270
5 or more vehicles available 56

When it comes to transportation options, 38% of Bountiful, Utah renters have 1 vehicle available per household, 35% of them have 2 vehicles available, and 9% have 3 vehicles available.

Bountiful, Utah Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 3,703
Car, truck, or van - carpooled 334
Public transportation (excluding taxicab) 125
Walked 108
Worked at home 1,070

Bountiful, Utah Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 7,625
Moved within same county 1,347
Moved from different county within same state 1,179
Moved from different state 415
Moved from abroad 117

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 Bountiful, 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

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