States › Utah › Hyrum

Is Hyrum, UT expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,761same as U.S. average
💵 Families earn per year (2026)$95,690about $7,974/month · 10% higher than U.S. average
🔑 House price$422,60027% higher than U.S. average

Rent is higher than in 55% of U.S. cities. A typical house costs about 4.4 years of household income. Commutes are short, about 19.7 minutes. Most homes (83.4%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $70,440 a year. That is $34 an hour at a full-time job.

Is rent cheaper than other Utah cities?

Yes. Rent here is cheaper than in most of Utah. It is number 39 of 97 cities from cheapest to most expensive.

Hyrum
$1,761
$3,500+
$1,265
$1,688
$1,262

How much do households earn in Hyrum?

Under $25k
5.7%
$25k–50k
15.8%
$50k–100k
46.9%
$100k–150k
20.7%
$150k+
9.4%

Share of households by yearly income. 30.1% of households earn $100,000 or more.

Rent by apartment size in Hyrum

SizeHyrumU.S. average
2 bedrooms$1,366$1,509
3 bedrooms$1,695$1,698
4 bedrooms$666$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Hyrum overall?

Everyday prices in Utah overall are 1% below the U.S. average (index 98.9, U.S. = 100).

Housing
108
Goods (food, clothes…)
96
Utilities
79
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hyrum, so the Utah figure is shown.

Taxes and bills in Hyrum

🏛️ Property tax$1,810a year · 0.43% of home value · U.S. $3,119
⚡ Electric bill$136a month (typical) · U.S. $156

Life in Hyrum

Commute to work19.7 minU.S.: 26.4 min
College degree33.7%U.S.: 35.7%
Own their home83.4%U.S.: 65.2%
Below poverty line8.6%U.S.: 12.5%
Unemployment3.3%U.S.: 5.2%

Is it cheaper to rent or buy in Hyrum?

Renting is cheaper right now: about $1,171 a month less.

Renting
$1,761
Owning
$2,932

Owning assumes a typical $422,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,260 for the down payment.

Frequently asked questions

What is the average rent in Hyrum, UT?

Renting in Hyrum costs a median of about $1,761 a month in 2026, including utilities. The Utah median is $1,832.

How much do I need to make to live in Hyrum?

To keep rent under 30% of income, you need about $70,440 a year, or $34 an hour at a full-time job.

Is Hyrum cheap or expensive?

Hyrum is rated OK: rent takes 22.1% of the typical household income of $95,690. It ranks 39th cheapest of 97 Utah cities we track.

How much are property taxes in Hyrum?

The median homeowner in Hyrum pays $1,810 a year in property taxes, about 0.43% of the median home value.

Is Hyrum more expensive than the national average?

Overall prices in Utah are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Hyrum?

The median home value in Hyrum is $422,600, about 4.4 times the typical yearly household income.

10,401 people live in Hyrum. Numbers are typical (middle) values.