Rent is higher than in 61% of U.S. cities. A typical house costs about 4.7 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $74,320 a year. That is $36 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 54 of 97 cities from cheapest to most expensive.
How much do households earn in Springville?
Share of households by yearly income. 31.8% of households earn $100,000 or more.
Rent by apartment size in Springville
| Size | Springville | U.S. average |
|---|---|---|
| 1 bedroom | $1,144 | $1,324 |
| 2 bedrooms | $1,311 | $1,509 |
| 3 bedrooms | $1,747 | $1,698 |
| 4 bedrooms | $2,324 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Springville overall?
Everyday prices in Utah overall are 1% below the U.S. average (index 98.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Springville, so the Utah figure is shown.
Taxes and bills in Springville
Life in Springville
Is it cheaper to rent or buy in Springville?
Renting is cheaper right now: about $1,295 a month less.
Owning assumes a typical $454,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,440 for the down payment.
Frequently asked questions
What is the average rent in Springville, UT?
Renting in Springville costs a median of about $1,858 a month in 2026, including utilities. The Utah median is $1,832.
How much do I need to make to live in Springville?
To keep rent under 30% of income, you need about $74,320 a year, or $36 an hour at a full-time job.
Is Springville cheap or expensive?
Springville is rated OK: rent takes 23.0% of the typical household income of $96,867. It ranks 54th cheapest of 97 Utah cities we track.
How much are property taxes in Springville?
The median homeowner in Springville pays $2,271 a year in property taxes, about 0.50% of the median home value.
Is Springville 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 Springville?
The median home value in Springville is $454,400, about 4.7 times the typical yearly household income.
35,849 people live in Springville. Numbers are typical (middle) values.