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Payson city, UT

ZIP 84651 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 84651

Median Home Value
$423,200
Median Rent
$1,109
Affordability Snapshot
$117,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,719/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

31.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 84651 in Payson city, UT, a household would need roughly $117,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,719. That is about 24% above the local median household income ($94,152), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
85.5%+31% vs US avg
x
Vacancy Rate
3.5%-67% vs US avg
x
Broadband Access
91.7%+5% vs US avg
x
4+ Bedrooms
29.8%+101% vs US avg
x
Built Pre-1939
3.8%-71% vs US avg
x
Built Post-2014
2.1%-70% vs US avg
x
Rent Burden >30%
15.1%-70% vs US avg
x
Mortgage-Free
30.6%-20% vs US avg
x
$423,200
Home Value
$1,109
Rent
1995
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.2%
  • 1-unit attached6.1%
  • 2-9 units5.1%
  • 10+ units4.8%
  • Mobile home & other2.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$423,200
Median rent$1,109
Owner-occupied85.5%
Vacant3.5%
Price-to-income4.5x
Est. income to buy$117,000