States › Utah › Riverton

Is Riverton, UT expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,27930% higher than U.S. average
💵 Families earn per year (2026)$136,872about $11,406/month · 57% higher than U.S. average
🔑 House price$592,70078% higher than U.S. average

Rent is higher than in 79% of U.S. cities. Household incomes are higher than in 85% of U.S. cities. A typical house costs about 4.3 years of household income. Most homes (84.9%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $91,160 a year. That is $44 an hour at a full-time job.

Is rent cheaper than other Utah cities?

No. Rent here is more expensive than in most of Utah. It is number 84 of 97 cities from cheapest to most expensive.

Riverton
$2,279
$1,538
$1,686
$2,155
$1,720

How much do households earn in Riverton?

Under $25k
4.0%
$25k–50k
11.8%
$50k–100k
32.1%
$100k–150k
28.3%
$150k+
23.2%

Share of households by yearly income. 51.5% of households earn $100,000 or more.

Rent by apartment size in Riverton

SizeRivertonU.S. average
1 bedroom$1,624$1,324
2 bedrooms$2,000$1,509
3 bedrooms$2,417$1,698
4 bedrooms$2,514$2,098

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

How expensive is Riverton 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 Riverton, so the Utah figure is shown.

Taxes and bills in Riverton

🏛️ Property tax$3,408a year · 0.57% of home value · U.S. $3,119
⚡ Electric bill$105a month (typical) · U.S. $156

Life in Riverton

Commute to work24.8 minU.S.: 26.4 min
College degree37.7%U.S.: 35.7%
Own their home84.9%U.S.: 65.2%
Below poverty line3.6%U.S.: 12.5%
Unemployment3.4%U.S.: 5.2%

Is it cheaper to rent or buy in Riverton?

Renting is cheaper right now: about $1,834 a month less.

Renting
$2,279
Owning
$4,113

Owning assumes a typical $592,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $59,270 for the down payment.

Frequently asked questions

What is the average rent in Riverton, UT?

Renting in Riverton costs a median of about $2,279 a month in 2026, including utilities. The Utah median is $1,832.

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

To keep rent under 30% of income, you need about $91,160 a year, or $44 an hour at a full-time job.

Is Riverton cheap or expensive?

Riverton is rated Cheap: rent takes 20.0% of the typical household income of $136,872. It ranks 84th cheapest of 97 Utah cities we track.

How much are property taxes in Riverton?

The median homeowner in Riverton pays $3,408 a year in property taxes, about 0.57% of the median home value.

Is Riverton 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 Riverton?

The median home value in Riverton is $592,700, about 4.3 times the typical yearly household income.

45,457 people live in Riverton. Numbers are typical (middle) values.