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Lehi, UT

Full City Profile · Utah · Salt Lake County County

3.7 /5.0
B+ Good
81,039 Population 2,671/sq mi density
$125,860 Median Income $41,612 per capita
$567,100 Home Value $565,713 Zillow
$1,798 Median Rent 25.7% income on rent
51°F Avg Temperature 315 sunny days/yr
68 Violent Crime/100K 1,268 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$125,860 median income, 3.1% unemployment
A
Affordability
4.1 / 5.0
$567,100 home value, $1,798/mo rent
F
Safety
1.0 / 5.0
68 violent crimes/100K
A+
Education
5.0 / 5.0
50.2% bachelor's degree or higher

Housing Overview

Median Home Value
$567,100
101% above
US avg: $281,900
Median Rent
$1,798/mo
55% above
US avg: $1,163/mo
Homeownership Rate
77.1%
18% above US avg (65.4%)
Total Housing Units
21,815
Median year built: 2006

Home Value by Source

Census Median
$567,100
Zillow (ZHVI)
$565,713
Median Sale Price
$579,025
Median List Price
$589,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.1%
Owner-Occupied
22.9%
Renter-Occupied
77%
23%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$981/mo
1 Bedroom
$1,082/mo
2 Bedroom
$1,313/mo
3 Bedroom
$1,746/mo
4 Bedroom
$2,105/mo
Census median rent: $1,798/mo · Zillow rent: $2,273/mo

Market Indicators (Redfin)

Median Days on Market
64 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
108
Price Drops
27.2%
of listings with price reduction
Price Per Sq Ft
$230
Active Inventory
206
homes for sale

Affordability & Housing Stock

Rent Burden
25.7%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
2006
Average age of housing stock: 20 years
Homeownership Rate
77.1%

Complete Housing Data

Home Values

Census Median Value$567,100
Zillow Home Value (ZHVI)$565,713
Median Sale Price$579,025
Median List Price$589,950
Price Per Sq Ft$230

Rent

Census Median Rent$1,798
Zillow Rent (ZORI)$2,273
FMR Studio$981
FMR 1-Bedroom$1,082
FMR 2-Bedroom$1,313
FMR 3-Bedroom$1,746
FMR 4-Bedroom$2,105

Market

Days on Market64
Sale-to-List Ratio1.0%
Price Drops27.2%
Homes Sold108
Active Inventory206
Price Per Sq Ft$230

Ownership & Stock

Owner-Occupied77.1%
Renter-Occupied22.9%
Homeownership Rate77.1%
Total Housing Units21,815
Median Year Built2006
Rent Burden25.7%