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Cedar City city, UT

ZIP 84721 — 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 84721

Median Home Value
$345,000
Median Rent
$946
Affordability Snapshot
$95,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,216/mo PITI).

15%
Rent-to-Income Ratio

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

4.7x
Home Price-to-Income Ratio

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

30.4 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 84721 in Cedar City city, UT, a household would need roughly $95,000 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 $2,216. That is about 30% above the local median household income ($73,342), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
67.7%+4% vs US avg
x
Vacancy Rate
7.0%-32% vs US avg
x
Broadband Access
91.2%+5% vs US avg
x
4+ Bedrooms
18.8%+27% vs US avg
x
Built Pre-1939
2.0%-85% vs US avg
x
Built Post-2014
2.9%-58% vs US avg
x
Rent Burden >30%
16.1%-68% vs US avg
x
Mortgage-Free
28.4%-26% vs US avg
x
$345,000
Home Value
$946
Rent
2000
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

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

  • 1-unit detached66.1%
  • 1-unit attached10.7%
  • 2-9 units11.1%
  • 10+ units6.4%
  • Mobile home & other5.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$345,000
Median rent$946
Owner-occupied67.7%
Vacant7.0%
Price-to-income4.7x
Est. income to buy$95,000