Real Estate Investing in Payson, Utah

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 29,502 • Utah County

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Should you buy in Payson, UT? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Payson, UT?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.7% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $526,166
Avg Monthly Rent $1,637
ZIP Codes 1

Investing in Payson Real Estate

Payson, UT covers 1 ZIP codes and a population but the investment metrics here are modest — this is not a market to enter casually.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Payson is in that category.

firmly Payson's sale market has not rewarded patience. better suited elsewhere for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Distressed-leaning demographics in Payson — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Provo-Orem, UT

Payson is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Utah County

Manage rentals here? List your business →

ICO Property Management constructs and oversees luxury Utah apartment communities, crafting enriching lifestyle experiences for residents across 17 locations along the Wasatch Front. summary from their website

Small multifamily
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Property Management Inc. offers residential, association, short-term, commercial, and multifamily property management services. summary from their website

Single-familyHOAShort-term rentalsCommercialSmall multifamily
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Incline Property Management provides reliable property care for homeowners and investors, handling tenant screening, rent collection, maintenance, and delinquency resolution. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$526,166
Avg Monthly Rent
$1,637
1% Rule
✗ Below
Landlord Friendly (UT)

🎓 Colleges & Universities in Payson

1 College 11 Students
C+
American Beauty Academy
Vocational For-Profit · 11 students

ZIP Codes in Payson, UT

Screen every ZIP in Payson

Filter Payson’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Payson, UT

What real estate strategy is ideal for Payson, UT?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Payson, UT. The numbers - $526K homes against $1,637/mo rents - support that play.

What is the renter demographic in Payson, UT?

Tenant demand in Payson, UT is solid. The local workforce $1,637/mo rents across most rental classes.

What is the typical vacancy rate in Payson, UT?

Rental vacancy in Payson, UT is elevated. Investors should budget normal turnover but not chronic empty units.

Can I house hack in Payson, UT?

House hacking in Payson, UT is a challenging. With home values around $526K and rents at $1,637/mo, owner-occupants can offset a meaningful share of PITI.

Is Payson, UT a friendly market for rental owners?

Payson, UT operates under UT law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.

Community Ratings

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