Real Estate Investing in Kamas, Utah (84036)

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

Wasatch County • Population: 8,781 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 84036 (Kamas, UT)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (40/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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
1 flag
  • High vacancy: 27.9% of homes vacant — above national norms.

What’s happening in Kamas, UT (84036)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $1,014,541
Avg Monthly Rent $3,939
1% Rule ✗ Does Not Meet
Median Income $109,205
% Renters 18.5%

Market Analysis: 84036 Kamas

This part of Wasatch County is not an easy win. The 84036 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $1.0M asset, 84036 is the wrong submarket. If the plan prices in friction, the yield can still work.

Nearby ZIPs in Kamas have seen price recovery that 84036 has not matched. Wasatch County data supports the view that the spread is structural rather than temporary.

From an investor standpoint, 8,781 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Strategy in 84036 is an operator game, not a passive one. On the rental side, entry prices of $1.0M are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Kamas:

C Below Average
Buy Confidence Score: 52/100
Affordability
0/25
Appreciation
18/25
Stability
9/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 9.3× the median income
Value Trend
Stable (+1.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $3,939/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Heber, UT Metro Area
More inventory, negotiating room for buyers
87 days
Average time to sell
Slow
6.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Heber, UT metro data
🏠

Property Strategy for 84036

Which property type performs best in this market?

Best for Cash Flow
3BR
1.5% cap rate
Best for Appreciation
5BR
+10.7% 5yr CAGR
Best Overall Value
4BR
$336,875/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $1,068,489 $2,160 1.5% +10.5% $356,163
4BR $1,347,498 $2,480 1.3% +10.3% $336,875
5BR $1,900,674 +10.7% $380,135

Market Trends

Home Value History (with trend line)

$1.1M$910K$743K$575K$407K$240KDec 2006Oct 2016Jul 2026

Rent History (with trend line)

$4,410$4,147$3,884$3,622$3,359$3,096Feb 2025Nov 2025Jul 2026

📊 How Does 84036 Compare?

Metric 84036 Kamas Heber, UT Utah
Home Value $1,014,541 $1,014,541 N/A $530,173
5-Year CAGR 4.9% 4.9% N/A 7.0%
Avg Rent $3,939 $3,939 N/A -
Cap Rate 3.0% 3.0% - -
💡 Why Invest in 84036? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 84036 (Kamas, UT). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.0%
Low
5yr Growth
+4.9%
Moderate

📉 Market Crash Risk Index

Based on Heber, UT metro

5/10
Elevated Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
3/3
78%
Days Pending
2/2
87 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $1,014,541
Monthly Rent $3,939
Price-to-Rent 21.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.7%
Cap Rate 3.0%
5-Year IRR 7.9%

📈 Home Appreciation

1-Year +1.7% ▲
3-Year CAGR +3.2% ▲
5-Year CAGR +4.9% ▲
10-Year CAGR +8.7% ▲

🏠 Rent Trends

1-Year +19.1% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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.

Vacancy
27.9%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.9%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 84036

Population: 8,781

💰 Median Household Income
$109,205
This area
$109,205
State
$79,091
USA
$74,580
🏠 Renter Occupied
18.5%
This area
18.5%
State
22.7%
USA
34.0%
💼 Unemployment Rate
0.7%
This area
0.7%
State
-24.6%
USA
3.7%
🎓 College Educated
48.5%
This area
48.5%
State
0.8%
USA
33.7%
👤 Median Age
36.7 years
This area
36.7 years
State
-1.6 years
USA
38.9 years
🏚️ Vacancy Rate
27.9%
This area
27.9%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 85.3%
Other/Mixed 13.6%
Hispanic/Latino 10.8%
Asian 0.6%
Black/African American 0.4%
👶 Under 18
28.1%
This area
28.1%
USA
22.0%
👴 65 and Over
12.6%
This area
12.6%
USA
17.3%
📊 Poverty Rate
5.1%
This area
5.1%
USA
11.5%

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 84036

B Avg School Grade
4 Schools
19.6:1 Avg Class Size
$15,287 Avg Per Pupil

Schools in This ZIP Code

B Good

South Summit High

📚 09 – 12 High School
👥
524 Students
👨‍🏫
20.2:1 Class Size
💰
$15,287 Per Student
B Good

South Summit Middle

📚 05 – 08 School
👥
474 Students
👨‍🏫
19.9:1 Class Size
💰
$15,287 Per Student
B Good

South Summit School

📚 Pre-K – 04 Elementary
👥
516 Students
👨‍🏫
18.8:1 Class Size
💰
$15,287 Per Student
C+ Average

South Summit Preschool

📚 Grade PK Elementary Limited Data
💰
$15,287 Per Student
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.

Frequently Asked Questions

What are vacancy rates like in Kamas, UT?

Expect elevated vacancy in Kamas, UT. Rents at $3,939/mo are absorbed by the tenant base without meaningful lag.

How do home values compare in Kamas, UT?

Kamas, UT home values average about $1.0M. That price point suits investors targeting rentals with $3,939/mo in monthly income.

What is the average monthly rent in Kamas, UT?

Average rent in Kamas, UT is approximately $3,939/mo per month. Against $1.0M home values that yields a reasonable rent-to-price ratio.

Are renters plentiful in Kamas, UT?

Tenant demand in Kamas, UT is solid. The local workforce $3,939/mo rents across most rental classes.

Should investors consider Kamas, UT?

Our data puts Kamas, UT at 3.0/5 for investability. Home prices of $1.0M and rents around $3,939/mo create a solid backdrop for investor activity.

You know 84036 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 84036 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 84036 ranks in Heber, UT

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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