Real Estate Investing in Clearfield, Utah (84015)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 84015 (Clearfield, UT)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Clearfield, UT (84015)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 84015 Clearfield
The 84015 ZIP in Clearfield, UT is a local-operator market. Outside capital chasing a $467K entry has to pair deep knowledge with the discount.
From an investor standpoint, the numbers look inviting — $467K purchase price, 0.0% nominal cap — the work to hit that pro forma in 84015 is substantial and deserves full respect.
ZIP 84015's metrics run below Davis County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 84015 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 84015 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Clearfield:
Property Strategy for 84015
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $340,177 | $1,660 | 3.5% | +7.7% | $170,088 |
| 3BR | $432,002 | $2,230 | 3.7% | +7.7% | $144,001 |
| 4BR | $451,825 | $2,690 | 4.3% | +7.3% | $112,956 |
| 5BR | $548,335 | — | — | +7.4% | $109,667 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 84015 Compare?
| Metric | 84015 | Clearfield | Ogden-Clearfield, UT | Utah |
|---|---|---|---|---|
| Home Value | $466,683 | $466,683 | N/A | $530,173 |
| 5-Year CAGR | 3.8% | 3.8% | N/A | 7.0% |
| Avg Rent | $1,751 | $1,751 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 84015 (Clearfield, UT). Anonymous, moderated, never written by AI.
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Property managers serving Davis 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
Nestwell Property Management is a top-rated property management company in Utah, offering services like property inspections, accounting, tenant screening, and rental marketing. summary from their website
ProRenter Property Management offers top property management services in Layton, UT. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $466,683 |
| Monthly Rent | $1,751 |
| Price-to-Rent | 22.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 Rent Trends
| 1-Year | -0.3% ▼ |
| 3-Year CAGR | +1.1% ▲ |
| 5-Year CAGR | +4.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 84015
Population: 70,730
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 84015
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 10,955 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Which real estate strategy fits Clearfield, UT?
Most investors in Clearfield, UT run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How strong are rents in Clearfield, UT?
Clearfield, UT rentals go for roughly $1,751/mo a month. That puts gross yield in solid territory relative to $467K acquisition costs.
How strong is tenant demand in Clearfield, UT?
Tenant demand in Clearfield, UT is solid. The local workforce $1,751/mo rents across most rental classes.
What are vacancy rates like in Clearfield, UT?
Rental vacancy in Clearfield, UT is elevated. Investors should budget normal turnover but not chronic empty units.
Are homes affordable in Clearfield, UT?
In Clearfield, UT the median home value sits at $467K. Against the broader UT market, that reads as reasonable for most investors.
You know 84015 now. You don’t know where it ranks.
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How 84015 ranks in Ogden-Clearfield, UT
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