Provo, UT Real Estate

According to census data in the year 2000 there were 30,412 housing units in Provo. This represents a 23.7% growth from 24,578 in 1990.

Of those housing units, 30,232 were located in either urbanized areas or urban clusters, and 180 were located in what is classified as a rural area.

Homeownership rate in Provo is about 42.7%. Provo's vacancy rate, including seasonal lodging, is about 3.9%. Average household size is 3.34 people.

The majority of houses, apartments or condos in Provo were built after 1974.


Housing Size

Housing Units by Size
Studio Type3.20%
One Bedroom16.10%
Two Bedrooms28.90%
Three Bedrooms24.60%
Four Bedrooms15.70%
Five Bedrooms or more11.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.52
Median year structure was built1976
Median Value of occupied units$149,700
Median Price asked for vacant units$123,900

Rented Homes, Apartments and Condos

Average Household Size3.21
Median year structure was built1974
Median Monthly Rent asked for vacant units$573

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage10.70%
Home Equity Loan7.40%
Simple Mortgage52.60%
Debt Free28.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.6%