Housing market/Utah/ZIP 84042

ACS 2023 · FY2027 SAFMR

ZIP 84042 Lindon, Utah

Provo-Orem-Lehi, UT MSA · Utah. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
11,570
Households
3,271
Median HH income
$104,840
Renter share
21.5%
Median gross rent
$1,502
Vacancy
2.3%
Pop. change
+7.0%
2BR SAFMR
$1,360
SAFMR / rent
0.905×
2–49 unit stock
320
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 84042 · UT — sent to you.

ZIP 84042 · UT

ACS median rent$1,502
2BR SAFMR$1,360
90% floor$1,224
110% ceiling$1,496

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 84042

  • 1-unit detached2,59677.5%
  • 1-unit attached36911.0%
  • 2–4 units1915.7%
  • 5–49 units1293.9%
  • 50+ units431.3%
  • Mobile210.6%
TypeUnitsShare
1-unit detached2,59677.5%
1-unit attached36911.0%
2 units (duplex)1143.4%
3–4 units772.3%
5–9 units90.3%
10–19 units80.2%
20–49 units1123.3%
50+ units431.3%
Mobile210.6%

2–4 unit share 5.7% · 5–49 unit share 3.9% · combined 2–49 9.6%.

Units by bedrooms

Studio
35
1BR
164
2BR
406
3BR
709
4BR
709
5+
1,326

Rent burden

Rent ≥30% of income41.2%
Rent ≥50% of income20.4%
  • ACS median gross rent $1,502 (all bedrooms, occupied rentals).
  • Median contract rent $1,350.
  • Renters paying ≥30% of income 41.2%; ≥50% 20.4%.
  • FY2027 2BR SAFMR $1,360 (0.905× ACS median gross rent).

Population

11,570 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +7.0%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,687 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 84042 21.5% of occupied households are renters; vacancy is 2.3%; ACS median gross rent is $1,502; population increased +7.0% between the 2018 and 2023 ACS vintages; the housing stock includes 191 units in 2–4-unit structures and 129 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,360 versus ACS median gross rent of $1,502. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Utah research

ZIP 84042 is a Census / HUD profile for Provo-Orem-Lehi, UT. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Utah research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 84042?

ZIP 84042 (Provo-Orem-Lehi, UT MSA) has 11,570 residents, 3,271 households, a renter share of 21.5%, median household income of $104,840, and ACS 2023 median gross rent of $1,502. Vacancy is 2.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 84042?

ACS counts 114 units in 2-unit buildings, 77 in 3–4 unit buildings, 9 in 5–9, 8 in 10–19, and 112 in 20–49. Combined 2–49 unit stock is 320 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 84042?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,360. See the full schedule and 90–110% payment-standard band on the ZIP 84042 — Lindon, UT HUD Section 8 Payment Standards / SAFMR.

Does this Utah ZIP profile include Georgia listings?

No. ZIP 84042 is Census / HUD research for Provo-Orem-Lehi, UT MSA. Jeff Crowe CRE does not list Utah property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.