Real Estate Investing in Ogden, Utah (84403)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 84403 (Ogden, UT)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 25.8 — hard to cash-flow at these prices.
What’s happening in Ogden, UT (84403)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 84403 Ogden
The 84403 ZIP covers a section of Ogden that demands careful diligence. Prices near $445K look accessible, but the work to make a deal cash flow is real.
Rent of $1,436/mo on a $445K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 84403 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 84403 among UT's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A resilient renter share of 32% in 84403 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. robust returns are possible in 84403, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Ogden:
Property Strategy for 84403
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $226,857 | $1,120 | 3.6% | +8.9% | $226,857 |
| 2BR | $305,729 | $1,380 | 3.2% | +8.8% | $152,865 |
| 3BR | $399,082 | $1,850 | 3.3% | +8.2% | $133,027 |
| 4BR | $468,064 | $2,240 | 3.4% | +8.2% | $117,016 |
| 5BR | $620,866 | — | — | +8.5% | $124,173 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 84403 Compare?
| Metric | 84403 | Ogden | Ogden-Clearfield, UT | Utah |
|---|---|---|---|---|
| Home Value | $444,505 | $119,835 | N/A | $530,173 |
| 5-Year CAGR | 3.5% | 3.3% | N/A | 7.0% |
| Avg Rent | $1,436 | $1,494 | N/A | - |
| Cap Rate | 2.5% | 2.7% | - | - |
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 84403 (Ogden, UT). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 84403 (Ogden, UT)?
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Property managers serving Weber County
Manage rentals here? List your business →KR Elite Real Estate offers HOA services and property management services, including maintenance, repairs, leasing, marketing, rent collection, and accounting. 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
Spectrum Property Management offers property management services in Utah. 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 | $444,505 |
| Monthly Rent | $1,436 |
| Price-to-Rent | 25.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +9.0% ▲ |
🏠 Rent Trends
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). 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 84403
Population: 37,244
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 84403
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
No. UT. Acad. of Math Engineering & Science Ogden
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
What is the average monthly rent in Ogden, UT?
Rent in Ogden, UT is around $1,436/mo. The resulting rent-to-value relationship with $445K pricing is reasonable for most investor models.
Are tenants stable in Ogden, UT?
Ogden, UT draws a consistent base of working renters. Demand at the $1,436/mo rent level is reasonable for standard single-family and small multi rentals.
Is housing expensive in Ogden, UT?
Ogden, UT median home values land near $445K. That is reasonable territory for investors looking at $1,436/mo-per-month rentals.
What is it like being a landlord in Ogden, UT?
UT law landlord-friendly for landlords, and Ogden inherits those rules. Investors should still review local ordinances for rental licensing.
How do experienced investors play Ogden, UT?
The best-fit strategy in Ogden, UT is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 84403 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 84403 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.
How 84403 ranks in Ogden-Clearfield, UT
Every ZIP in this metro, ranked. Free.
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