Last updated
Average Rent in American Fork 84003 & Rent Trends
Rent prices and market trends across 5 apartment communities in American Fork 84003, Lehi, UT. Updated daily.
Market Average
$1,414/mo
▼ 1.2% from last month
Lowest Available
$1,282/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
21
available now
Price Cuts This Week in American Fork 84003
34 listed units across 3 buildings offering 1 bed units in American Fork 84003 dropped their asking rent in the past 7 days, an average cut of $169/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Kelton Apartments | Unit C106, 2A - Pahvant | $1,811 | $1,535 | $276 |
| The Kelton Apartments | Unit E105, 2A - Pahvant | $1,811 | $1,535 | $276 |
| The Kelton Apartments | Unit E205, 2A - Pahvant | $1,811 | $1,535 | $276 |
| The Kelton Apartments | Unit J106, 2A - Pahvant | $1,811 | $1,535 | $276 |
| The Kelton Apartments | Unit L203, 2A - Pahvant | $1,811 | $1,535 | $276 |
| The Kelton Apartments | Unit L303, 2A - Pahvant | $1,861 | $1,585 | $276 |
| The Kelton Apartments | Unit A108, 1A - Hansel | $1,561 | $1,335 | $226 |
| The Kelton Apartments | Unit A201, 1A - Hansel | $1,561 | $1,335 | $226 |
American Fork 84003 vs Lehi, UT Average
American Fork 84003 is cheaper than the Lehi, UT average by $356/mo (20%). The citywide average is $1,770/mo across all neighborhoods.
Is Rent Going Up or Down in American Fork 84003?
As of August 2026, the average rent in American Fork 84003 is $1,414 per month across 5 apartment communities and 21 available units. Rents have decreased $21 (1.2%) over the past month.
The most affordable option is Millpond starting at $1,282/mo. By unit type, a 1-bedroom averages $1,414/mo.
Prices range from $1,282 to $1,585 per month. The most common price point is the $1,200 range, where 11 units are currently listed.
American Fork 84003 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,755 | - | 5 |
| August 2026 | $1,748 | -$7 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Rent Price Distribution
Rent by Bedroom Type in American Fork 84003
Rent Prices by Apartment in American Fork 84003
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Millpond | $1,282/mo | $1,335/mo | 4 | 3.6 |
| The Kelton Apartments | $1,335/mo | $1,406/mo | 12 | 4.4 |
| Meadows at American Fork | $1,349/mo | $1,349/mo | 1 | 3.9 |
| Parc on 5th Apartments & Townhomes | $1,499/mo | $1,515/mo | 3 | 4.6 |
| Alvera at The Meadows | $1,585/mo | $1,585/mo | 1 | 3.7 |
Frequently Asked Questions About Rent in American Fork 84003
What is the average rent in American Fork 84003?
Is rent going up or down in American Fork 84003?
What is the cheapest apartment in American Fork 84003?
How much is a 1-bedroom apartment in American Fork 84003?
How many apartments are available in American Fork 84003?
What salary do I need to live comfortably in American Fork 84003?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$57,000/year
Based on the 30 percent rule, using our tracked average rent of $1,414/mo.
Comfortable income
$68,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,282/mo), you need to earn at least $51,000/year.
Cost of living in American Fork 84003
We only have live rent data for American Fork 84003 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,414 |
| Estimated total | $1,414/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Google Search Trends for American Fork 84003 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore American Fork 84003 Apartments
Browse all 5 communities with daily-updated pricing and availability.