Ranked from ACS 2023 5-Year
Counties Where Renting Costs Far Less Than Owning in Utah
The widest gaps between median rent and the full monthly cost of owning the median home. A large gap does not automatically mean renting is the better decision, because rent buys no equity and is not fixed for thirty years, but it does show where the market prices ownership at a steep premium.
Utah ranked
| # | County | Monthly saved by renting | Median rent | Monthly to own |
|---|---|---|---|---|
| 1 | Summit County | $4,814 | $1,969 | $6,783 |
| 2 | Wasatch County | $3,113 | $1,905 | $5,018 |
| 3 | Morgan County | $2,747 | $1,493 | $4,240 |
| 4 | Grand County | $2,356 | $1,021 | $3,377 |
| 5 | Utah County | $2,008 | $1,441 | $3,449 |
| 6 | Salt Lake County | $1,967 | $1,493 | $3,460 |
| 7 | Davis County | $1,840 | $1,516 | $3,356 |
| 8 | Washington County | $1,822 | $1,464 | $3,286 |
| 9 | Juab County | $1,733 | $917 | $2,650 |
| 10 | Tooele County | $1,701 | $1,134 | $2,835 |
| 11 | Cache County | $1,677 | $1,137 | $2,814 |
| 12 | Wayne County | $1,564 | $1,018 | $2,582 |
| 13 | Weber County | $1,562 | $1,269 | $2,831 |
| 14 | Box Elder County | $1,553 | $1,028 | $2,581 |
| 15 | Iron County | $1,450 | $1,008 | $2,458 |
| 16 | Kane County | $1,390 | $1,120 | $2,510 |
| 17 | Rich County | $1,338 | $743 | $2,081 |
| 18 | Garfield County | $1,286 | $781 | $2,067 |
| 19 | Sanpete County | $1,286 | $911 | $2,197 |
| 20 | Sevier County | $1,150 | $878 | $2,028 |
| 21 | Uintah County | $1,084 | $914 | $1,998 |
| 22 | Beaver County | $1,047 | $1,034 | $2,081 |
| 23 | Daggett County | $1,022 | $775 | $1,797 |
| 24 | Duchesne County | $973 | $934 | $1,907 |
| 25 | Piute County | $950 | $792 | $1,742 |
| 26 | Millard County | $940 | $897 | $1,837 |
| 27 | Emery County | $816 | $696 | $1,512 |
| 28 | Carbon County | $718 | $828 | $1,546 |
| 29 | San Juan County | $699 | $805 | $1,504 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Counties Where Renting Costs Far Less Than Owning across all 3,133 US counties · Every county in Utah