St. George, UT cityscape
Markets / Utah / St. George
RENTAL MARKET INTELLIGENCE

St. George, UT

St.

Median price$531k
Median rent$1,936
Gross yield4.4%
Job growth▲ 2.1%
Metro Area · CBSA 4110040 public sourcesChecked nightly
SCORE / 10046RANK #327 / 571
Composite Market ScoreRank #327 of 571 scored US market areas
Direct rental answer

How much is rent in St. George, UT?

Zillow's metro-wide Observed Rent Index is $1,936 per month for 2026-06-30. That is up 3.29% from a year earlier.

Zillow ZORI$1,9362026-06-30

All homes and bedroom counts

Census ACS gross rent$1,566ACS 2024 5-year

Occupied rental units paying rent

HUD 2BR FMR$1,575FY2026 FMR

Two-bedroom standard

These figures are not averaged together. Zillow and Realtor describe asking-rent markets, ACS measures rent paid by surveyed households, and HUD publishes administrative bedroom standards.

Exact county schedules

HUD rent benchmarks inside St. George

Every row keeps its own county FIPS schedule. No county is selected as a metro proxy and no synthetic metro FMR is calculated.

FY2026 FMR · FY2026 · monthly gross-rent standards
CountyStudio1 BR2 BR3 BR4 BR
Washington County, UTFIPS 49053$1,210$1,218$1,575$2,072$2,624
The read

Why this market scores where it does

St. George merits selective investigation by buyers who prioritize employment and rent momentum; yield-focused buyers or those unwilling to absorb supply and wildfire exposure should avoid it. At a $531,486 median value and 6.59 price-to-income ratio, entry is expensive, while the 4.37% gross yield leaves limited room before expenses.

The opportunity is demand-side: CES jobs rose 2.05%, asking rents rose 3.29%, and tax filings show net migration of 1,461 households. Home values fell 1.16%, and the price-drop share was 32%, giving buyers evidence of softer pricing despite positive rent and job signals.

The risk is supply and resale exposure: the per-thousand permit rate is 15.39, inventory is 10.1 months, and median market time is 51 days. Wildfire is the dominant hazard, with an annual climate loss ratio of 0.3574% of building value. Proceed only if property-level rent and costs meet the buyer's return requirement.

Frequently Asked Investor Questions

Are jobs, rents, and migration moving positively?
CES employment rose 2.05%, asking rent rose 3.29%, and net migration was 1,461 households.
What do the entry economics look like?
Median asking rent is $1,936 per month against a $531,486 median value, with a reported 4.37% gross yield.
What climate hazard should be reviewed?
Wildfire is the dominant hazard, and the annual climate loss ratio is 0.3574% of building value.

Investor Quick Takeaways

Gross Yield: 4.4%

Computed from the current Zillow rent and home-value medians.

Rent Momentum: ▲ 3.29%

Zillow ZORI rent growth trend over trailing 12 months.

Investor Activity: 11.3%

Originated investment purchase share (CFPB HMDA).

Climate Exposure: FEMA NRI

Annualized loss ratio evaluated for flood & hurricane risk.

Run Cash-Flow Test for St. George
Market pulse

The current market in eight signals

Fast-moving Redfin conditions sit beside the slower fundamentals so a buyer can separate today's negotiating climate from the long-run investment case.

Months of supply10.1 mo.▲ from 8.9 mo. a year ago
Median days on market51 days▼ from 56 days a year ago
Listings with price drops32.0%▼ from 32.1% a year ago
Sale-to-list ratio98.4%2026-05-01
Home value growth▼ 1.2%Zillow ZHVI · trailing 12 months
Rent growth▲ 3.29%Zillow ZORI · trailing 12 months
Gross rental yield4.4%Rent × 12 ÷ price
Payroll job growth▲ 2.1%CES · 12m to 2026-06
Release-to-release evidence

What actually changed

This comparison exists because at least one underlying source period advanced. Rebuilding the same data never creates a new observation.

Published score held steady4646
0 pts

The published component scores did not move in this release.

Weights were unchanged at metro-2026-07-v2-omb2023, so the movement comes from refreshed evidence and percentile ranks.

The named source periods advanced, but the measured values on this page held steady.

Composite breakdown

What each component measures

Weights are published, not hidden, and the arithmetic is shown. Five components, each measured as a national percentile across all tracked metros.

Jobs96Rent trend50Affordability25Supply1Climate safety7
Published arithmeticComponent × weight = points
46
SignalScoreWeightPoints
Job growth9630%28.80
Rent trend5025%12.50
Affordability2515%3.75
Supply pressure115%0.15
Climate risk715%1.05
Published score46
St. George, UT scoreRank #327
46
Job growth96/100

CES employment growth of 2.05% -> the labor signal is favorable for demand underwriting.

Rent trend50/100

Asking-rent growth of 3.29% but a 4.37% gross yield -> income momentum is positive while purchase economics remain tight.

Affordability25/100

A 6.59 price-to-income ratio and 28.81% rent-to-income ratio -> acquisition affordability is weak and tenant affordability warrants scrutiny.

Supply pressure1/100

10.1 months of supply, 51 median days on market, and a 15.39 per-thousand permit rate -> buyers have negotiating evidence but face substantial inventory and construction competition.

Climate risk7/100

Wildfire as the dominant hazard and a 0.3574% annual climate loss ratio -> asset-level loss exposure needs close review.

The numbers

What this market costs and what it earns

Every derived ratio below recomputes from the same source record used by the article and score.

ZHVI Median Price
$531k
YoY ▼ 1.2%
ZORI Median Rent
$1,936
YoY ▲ 3.29%
Gross Rental Yield
4.4%
Rent × 12 ÷ price
$1,936 × 12 ÷ $531,486
Job Growth (YoY)
▲ 2.1%
CES payrolls
Job signal 96/100
Median Household Income
$81k
Census ACS 5-year
Rent Burden
28.8%
Annual rent ÷ household income
Price-to-Income
6.6x
Median value ÷ household income
HUD 2BR Fair Market Rent
$1,575
Market rent 122.9% of FMR
Historical affordability context

Compare aligned 2019 and 2024 asking-rent and nominal household-income endpoints across the direct-overlap metro set.

Independent rent evidence

One market, several legitimate rent benchmarks

These releases observe different homes and different moments. RentMarker keeps them separate: ZORI remains the scoring baseline, while the other sources test how sensitive the market story is to bedroom mix and measurement method.

Monthly benchmark4 of 4 reported values
Zero-based scale
Monthly rental benchmarksIndependent monthly rent measures shown on a zero-based scale. Missing source values are labelled unavailable and are not inferred.$0$500$1,000$1,500$2,000Zillow ZORI2026-06-30$1,936HUD 1BR FMRFY2026 FMR$1,218HUD 2BR FMRFY2026 FMR$1,575Census ACS gross rentACS 2024 5-year$1,566Monthly rental benchmarksIndependent monthly rent measures shown on a zero-based scale. Missing source values are labelled unavailable and are not inferred.$0$1,000$2,000Zillow ZORI2026-06-30$1,936HUD 1BR FMRFY2026 FMR$1,218HUD 2BR FMRFY2026 FMR$1,575ACS gross rentACS 2024 5-year$1,566
The chart compares published levels without averaging them. A longer bar does not mean a source is more accurate; it means that source measures a higher rent under its own definition.
Typical observed market rentZillow ZORI
$1,936Primary RentMarker baseline
2026-06-30

All homes and bedroom counts

A smoothed metro rent index for observed rentals; it is the primary rent used by RentMarker scores and career ratios.

View source release ↗
Fair Market RentHUD 1BR FMR
$1,218−$718 vs ZORI
FY2026 FMR

One-bedroom standard

An administrative gross-rent benchmark used by HUD programs; it is neither a listing median nor a prediction of one lease.

View source release ↗
Fair Market RentHUD 2BR FMR
$1,575−$361 vs ZORI
FY2026 FMR

Two-bedroom standard

An administrative gross-rent benchmark used by HUD programs; it is neither a listing median nor a prediction of one lease.

View source release ↗
Median gross rentCensus ACS gross rent
$1,566−$370 vs ZORI
ACS 2024 5-year

Occupied rental units paying rent

A five-year survey estimate of contract rent plus applicable tenant-paid utilities; it is not a current asking-rent index.

View source release ↗
Take the next step

Keep St. George as context, then replace market-wide evidence with the candidate property's facts.

Direct local rental evidence

Recent leases and rental-market liquidity in St. George, UT

These Apartment List observations match the exact metro CBSA code 41100. They are kept separate from Zillow asking rent, Census occupied-home rent and property-level comparables.

Direct recent-lease rent history

Monthly overall-rent index; missing observations are not filled from another geography.

$1,568$1,456$1,3432021-082026-07
Recent-lease rent$1,4292026-07 · -3.1% year over year
Rental vacancyn/an/a
Time on marketn/an/a
Regional price level

What feels expensive inside St. George

BEA compares each category with the United States, which equals 100. This is a 2024 price-level comparison—not annual inflation.

BEA Regional Price Parities · 2024US = 100
Regional price parity categories for St. George, UTHorizontal bars compare all-items, housing, goods, utilities and other-services price levels with the United States benchmark of 100.708090100110All items97.3Housing98.1Goods96.4Utilities77.7Other services99.0
Orange extends above the national level; emerald extends below it. The chart does not convert rent or income into purchasing power.
Occupation wage lens

How asking rent sits against major local occupations

Annualized Zillow asking rent is divided by each BLS annual median wage. This is a screening ratio for one wage, not a household budget or affordability verdict.

Six largest published major groupsannual rent ÷ median wage
Annualized asking rent compared with major occupational median wages in St. George, UTHorizontal bars show annualized Zillow asking rent as a share of the BLS annual median wage for six major occupational groups with the largest published employment.0%10%20%30%40%50%60%Office and AdministrativeSupport Occupations$43,440 median wage53.5%Food Preparation and ServingRelated Occupations$30,670 median wage75.7%Transportation and MaterialMoving Occupations$43,280 median wage53.7%Construction and ExtractionOccupations$49,280 median wage47.1%Sales and Related Occupations$36,080 median wage64.4%Management Occupations$94,990 median wage24.5%
Office and Administrative Support Occupations$43,440 median wage
53.5%
Food Preparation and Serving Related Occupations$30,670 median wage
75.7%
Transportation and Material Moving Occupations$43,280 median wage
53.7%
Construction and Extraction Occupations$49,280 median wage
47.1%
Sales and Related Occupations$36,080 median wage
64.4%
Management Occupations$94,990 median wage
24.5%
BLS OEWS 2025-05; Zillow rent 2026-06-30. The 30% line is a visible screen, not a RentMarker score or a claim about household costs.
Supply pipeline

What is being built, and for whom

Permits are the 12-to-24 month early warning. The total matters less than the mix: apartments compete with a rental the day they open.

National supply context

Compare this authorization pipeline with asking-rent growth, jobs and for-sale liquidity across the evidence-complete metro set.

Building permits by structure type
units per year · latest year annualised
Download CSV ↓
3,28320193,24920203,41220213,15620222,77220233,11720242,82320253,01620265+ unit buildingssingle family
3,016 units authorised in 2026, 20% of them in 5+ unit buildings. A meaningful share is apartments, which discount first when they lease up. ✓ recomputed from series
Source: Census Building Permits Survey
Who is arriving, and who is buying

Demand, and the competition for it

Tax filings say how many households moved and what they earn; mortgage disclosures say how many local purchases went to someone who will not live there. Moves between counties inside this metro are netted out of both flow figures.

Net Household Move
+1,461
6,520 in vs 5,059 out (IRS SOI)
▲ 22.4% of arriving households
Mover Income Gap
+$13,444
Arriving $82,785 vs leaving $69,341
Average AGI per tax return (IRS SOI)
Investor Purchase Share
11.3%
394 of 3,488 originated purchase loans
CFPB HMDA 2024
Dominant Hazard
wildfire
0.357% building value annual loss ratio
FEMA NRI · risk type: other
Compare yield and FEMA exposure →
Households arrive mainly from: Salt Lake County · Utah County · Clark County · Iron County · Davis County
6,520 in − 5,059 out = 1,461 net
Direct market links

Where tax-return households moved from and to

These are the largest flows where both counties map to a RentMarker market area. They are a documented subset of the all-US IRS totals above.

Explore every route
Leading inbound markets
  1. Salt Lake City, UT865 arriving
  2. Provo, UT593 arriving
  3. Las Vegas, NV408 arriving
Leading outbound markets
  1. Salt Lake City, UT583 leaving
  2. Provo, UT566 leaving
  3. Cedar City, UT363 leaving
The other side

What would make this a bad buy

Generated from the same figures with the instruction to argue against the score, and published unedited. A page that only agrees with itself is an advertisement.

Three ways the case breaks

  1. A $531,486 median value, 6.59 price-to-income ratio, and 4.37% gross yield leave limited room for operating and financing costs.
  2. Supply pressure is visible in 10.1 months of inventory, a 15.39 per-thousand permit rate, and a 32% price-drop share.
  3. Wildfire is the dominant hazard, and the annual climate loss ratio is 0.3574% of building value.
Statistical peers

Market areas that behave like St. George

Nearest neighbours on price level, income, yield and job growth — not on geography. Every market page gets a different peer set, which is the point.

Market areaScorePriceRentYieldJob Growth
St. George, UT (Target)46$531k$1,9364.4%▲ 2.1%
Hilton Head Island, SC36$528k$1,9804.5%▲ 1.7%
Wilmington, NC48$449k$1,7274.6%▲ 2.6%
Reno, NV63$574k$2,0044.2%▲ 1.9%
Salem, OR45$455k$1,6264.3%▲ 1.4%
Provenance

Where every figure came from

“Checked nightly” means every source is re-pulled and re-verified each night. It does not mean every source moves nightly — the release column tells you how fresh each number can possibly be.

Dataset SourceMethodRelease PeriodPulled Date
Census ACS 5-year — household income and gross rentdirectACS 2024 5-year2026-08-05
Census ACS 5-year — historical household incomedirectACS 2019 and 2024 5-year2026-08-05
Census ACS 5-year — populationdirectACS 2024 5-year2026-07-26
Apartment List Rent Estimates — recent-lease rent indexdirectApartment List 2026-072026-08-08
Apartment List Time on Market — listing liquiditydirectApartment List 2026-072026-08-08
Apartment List Vacancy Index — rental vacancydirectApartment List 2026-072026-08-08
BEA County Personal Income — income and populationdirect2024 County Personal Income (released 2026-02-05); history 1969-20242026-08-03
BEA Regional Price Parities — metropolitan price levelsdirect2024 Regional Price Parities (released 2026-02-19); history 2008-20242026-08-03
BLS CES — payroll employmentdirectCES SM current2026-07-26
BLS LAUS — resident employmentdirectLAUS current2026-07-26
BLS OEWS — occupation employment and wagesdirectMay 2025 OEWS estimates (released 2026-05-15)2026-08-03
BLS QCEW — county employment and wagesdirectannual county employment and wages 2021-2025; latest 2025 vs 20242026-08-02
OMB/BLS delineation — metro geographydirectOMB July 2023 delineation2026-07-30
Census Building Permits Survey — permitted unitsdirectBPS through 20262026-07-26
Census ACS 5-year — city population, households and housingdirectACS 2024 5-year2026-07-29
Census ACS 5-year — county housing value, tenure and stockdirectACS 2024 5-year2026-07-30
Census ACS 5-year — cities and communitiesdirectACS 2024 5-year2026-07-30
Census ACS five-year — ZCTA housing and incomedirectACS 2024 5-year ZCTA2026-08-08
FEMA National Risk Index — hazard loss ratiosmodelledNRI counties (FEMA ArcGIS)2026-07-26
FHFA House Price Index — annual county appreciationdirectannual county HPI history 1975-2025; latest 20252026-08-02
HMDA / CFPB — purchases by occupancy typedirectHMDA 2024 purchase originations2026-07-26
HUD CHAS — renter burden by HAMFI income banddirectHUD CHAS 2018-2022 ACS 5-year (released 2025-12-23)2026-08-03
HUD Fair Market Rents — Section 8 standarddirectFY2026 FMR2026-07-26
HUD USPS crosswalk and Small Area FMRs — ZIP rent fallbackdirectZIP-CBSA 2025Q4 + SAFMR FY20262026-07-26
HUD-USPS ZIP-to-county residential-address crosswalkdirectHUD-USPS 2026Q12026-08-09
IRS SOI — county migration and mover incomedirectSOI migration 2022-20232026-07-26
Freddie Mac PMMS — mortgage ratesdirectweek of 2026-07-302026-08-06
Census ACS 5-year — effective property taxdirectACS 2024 5-year2026-08-06
Realtor.com Economic Research — county listing inventorydirectcounty inventory 2026-062026-07-28
Realtor.com Rental Report — top-50 asking rentsdirecttop-50 rental asking rents 2026-052026-08-05
Redfin Data Center — inventory, days on market, and price cutsdirectmetro tracker through 2026-05-012026-07-26
Redfin Data Center — ZIP resale activity and supplydirectZIP rolling 3 months through 2026-06-30; updated 2026-07-032026-08-12
USDA ERS — Rural-Urban Continuum CodesdirectUSDA ERS 2023 Rural-Urban Continuum Codes2026-08-02
Zillow ZHVI and ZORI — county values and rentsdirectcounty ZHVI/ZORI 2026-062026-07-26
Zillow ZHVI — metro home valuesdirectMetro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv2026-07-26
Zillow ZHVI — city home valuesdirectzillow_zhvi_city.csv2026-07-29
Zillow ZORI — metro market rentsdirectMetro_zori_uc_sfrcondomfr_sm_sa_month.csv2026-07-26
Zillow ZORI — city market rentsdirectzillow_zori_city.csv2026-07-29
Zillow ZORI - metro market rents, not seasonally adjusteddirectMetro_zori_uc_sfrcondomfr_sm_month.csv2026-08-15
Zillow ZORI — ZIP market rentsdirectZORI ZIP 2026-062026-08-08