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Lehi city, UT

ZIP 84043 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 84043

Median Home Value
$567,500
Median Rent
$1,647
Affordability Snapshot
$156,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,645/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

28.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 84043 in Lehi city, UT, a household would need roughly $156,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,645. That is about 24% above the local median household income ($125,598), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
77.2%+18% vs US avg
x
Vacancy Rate
2.5%-76% vs US avg
x
Broadband Access
97.5%+12% vs US avg
x
4+ Bedrooms
30.9%+109% vs US avg
x
Built Pre-1939
0.8%-93% vs US avg
x
Built Post-2014
5.3%-24% vs US avg
x
Rent Burden >30%
13.6%-73% vs US avg
x
Mortgage-Free
19.5%-49% vs US avg
x
$567,500
Home Value
$1,647
Rent
2007
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached73.0%
  • 1-unit attached12.0%
  • 2-9 units6.9%
  • 10+ units7.5%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$567,500
Median rent$1,647
Owner-occupied77.2%
Vacant2.5%
Price-to-income4.5x
Est. income to buy$156,000