At $1,741 per month in June 2026, Zillow ZORI places the current ZIP-level asking-rent marker on a still-positive but slower track. The exact same-month record shows a 1.03% rise over one year, a 1.35% annualized rise over three years, and a 4.18% annualized rise over five years. Recent direction therefore confirms rather than breaks from the longer upward path, although it is well below the five-year pace. The history has 104 observations with 100% coverage, annualized monthly-return variability of 2.63%, and a maximum drawdown of -2.26%. This limited observed variation warrants more confidence in the index as a current market snapshot than a series experiencing abrupt movement, while still not setting the rent of an available property. Transparent national discovery ranks among history-eligible ZIPs are 938 for stability, 1,910 for momentum, and 1,601 for the balanced measure; lower ranks are stronger. These are backward-looking measurements, not forecasts or investment recommendations.
The ZORI index and ACS rent are intentionally different evidence universes. The 84015 label is both Zillow's ZIP market identifier and the matching Census ZCTA; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. In the ACS 2024 five-year survey, median gross rent is $1,512 for occupied renter homes and includes selected utilities. That survey figure is 15.1% below the current index. Zillow ZORI is a typical observed asking-rent index blended across rental types, whereas ACS records a survey median for occupied renter homes. Timing, utility treatment, tenant status, and survey uncertainty prevent the difference from showing a universal increase for incumbent renters or a directly comparable advertised apartment price.
Bedroom framing requires another separate universe. The local estimates are modelled monthly figures of $1,303 for a studio, $1,382 for one bedroom, $1,741 for two bedrooms, $2,333 for three bedrooms, and $2,818 for four bedrooms. They scale ZIP ZORI using the local HUD ladder; they are modelled estimates, never measured bedroom rents. The FY2026 local HUD FMR/SAFMR two-bedroom standard is $1,614. HUD FMR/SAFMR is an administrative, bedroom-specific standard rather than asking rent, so it provides the scaling pattern and a policy benchmark, not proof that a market listing will follow any modelled amount.
The income lens adds a further boundary. At the current index, an annual income of $69,640 is the arithmetic amount that would put monthly rent at 30% of income. It is not advice and it is not an applicant qualification rule. The matching ZCTA's ACS five-year median household income is $95,519, subject to its reported survey margin of error; annualizing the index produces a mechanical 21.9% rent-to-income ratio against that all-household median. It does not reveal actual renter income. Separately, ACS estimates 2,478 of 5,503 renter-occupied homes, or 45.0%, carry gross-rent burdens at or above 30%. Those counts carry ACS survey uncertainty. This aggregate burden cannot establish the finances or affordability of a particular household or unit.
ACS stock counts explain why vacancy needs careful handling. The matched ZCTA has 23,485 housing units: 22,482 occupied and 1,003 vacant, translating to an all-unit vacancy rate of 4.3%. Of the vacant units, 416 are classified as for rent. The stock tally includes both owner and renter housing, rather than an active inventory of comparable leases. These are broad ACS housing and vacancy classifications, not a count of current advertisements. In particular, the all-unit vacancy rate and the vacant-for-rent count cannot prove that a particular advertised home is open, priced at the index, or available under stated terms.
In wider geography, the Clearfield city context rent is $1,645, the Davis County context rent is $1,734, and the Ogden-Clearfield, UT metro context rent is $1,614. The ZIP index is higher than all three, yet those figures remain citywide, countywide, and metropolitan context rather than a replacement for the ZIP measure. Their renter-share, vacancy, gross-rent, and HUD comparisons also operate in their own geographic or administrative scopes. They can frame the level of the ZIP index, but cannot reclassify it as a city, county, or metro asking-rent observation or establish terms for a specific property.
The packet ends where property details begin. The evidence does not identify the address, condition, floor plan, lease length, included utilities, mandatory charges, concessions, timing of availability, or actual signed rent for any home. It also cannot convert the historical path into a forecast. For a property-level comparison, the concrete checks are the exact address and ZIP delivery designation, bedroom count, advertised base rent, all included and mandatory charges, utility responsibility, availability date, lease duration, and any concession expiration. Compare that written quote with the appropriate modelled bedroom estimate while recognizing that the HUD-based ladder is not a quote. The income arithmetic and aggregate burden result must remain separate from a manager's actual screening policy. Does the particular property's written all-in offer, on its stated date and terms, support the comparison?