Real Estate Investing in Price, Utah (84501)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 84501 (Price, 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.
- Elevated vacancy: 8.4% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 26.8 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Price, UT (84501)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 84501 Price
This part of Carbon County is not an easy win. The 84501 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 84501 is sturdy only for operators who understand what they are buying. A $315K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Stepping back, 84501 offers a low basis, the region around Price has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 84501 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 84501 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 Price:
Market Trends
Home Value History (with trend line)
📊 How Does 84501 Compare?
| Metric | 84501 | Price | Price, UT | Utah |
|---|---|---|---|---|
| Home Value | $315,315 | $315,315 | N/A | $530,173 |
| 5-Year CAGR | 8.0% | 8.0% | N/A | 7.0% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 84501 (Price, UT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $315,315 |
| Monthly Rent | $981 |
| Price-to-Rent | 26.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +8.0% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). 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 84501
Population: 13,002
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 84501
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.
Frequently Asked Questions
What price range are homes in Price, UT?
Median home price in Price, UT is near $315K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
What is the tenant pool like in Price, UT?
The tenant pool in Price, UT is solid, supported by local employment and population fundamentals. Rents of $981/mo are well-absorbed by the market.
How strong are rents in Price, UT?
Investors in Price, UT typically see rents near $981/mo per month against $315K home values - a solid setup for rental cash flow.
What is the smart move for investors in Price, UT?
In Price, UT the notable play is typically careful cash-flow rentals with hands-on management. The combination of $315K prices and $981/mo rents suits that approach.
Can owner-occupants cash flow in Price, UT?
Price, UT is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $315K price point reasonable to enter.
You know 84501 now. You don’t know where it ranks.
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