Provo-Orem, UT · Utah
Utah County
ZIP 84005
683,622 residents7,547 permits TTM$96,877 median HHI24 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$489,200
ACS 5-Year
Cap rate proxy
3.5%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.8%
HUD FMR ÷ ACS HHI
Net migration
+2.02%
IRS SOI
Permits (TTM)
7,547
Census BPS
Climate risk
95.3
FEMA NRI (0–100)
ZIP 84005
Median home value
—
Gross yield
—
Cap rate
5.1%
Rent gap
—
Affordability
P/I: 5.3R/I: 26.7%
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown24 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 84601 | — | — | — | 4.0% | — |
| 84057 | — | — | — | 4.0% | — |
| 84655 | — | — | — | 4.4% | — |
| 84633 | — | — | — | 3.5% | — |
| 84660 | — | — | — | 5.1% | — |
Ranked by composite score
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Demographics
Owner-occupied
68.1%
Census ACS
Vacancy rate
3.8%
Census ACS
Bachelor's degree +
43.8%
Census ACS
Rent burdened
44.4%
Census ACS (>30% income)
Median age
25.5
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026