Average capitalization rate in Provo, Utah, United States

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Capitalization rate description

A percentage that shows the potential annual return on a real estate investment based on the property's income.

The cap rate helps investors quickly assess and compare the profitability of different property investments.

\(\text{Cap Rate} = \frac{\text{Annual Rental Income} - \text{Annual Expenses}}{\text{Total Purchase Price}}\)

A higher cap rate suggests a potentially more profitable investment, though it should be considered alongside other financial metrics.

Average capitalization rate for residential properties in Provo

MedianMeanMode
6.0%
From 29,640 homes
5.9%
From 29,640 homes
-

Data updated November 14, 2026

Average capitalization rate for residential for communities in Provo

LocationMedianMeanMode
Brickyard
6.2%
From 194 homes
6.1%
From 194 homes
-
Carterville
6.3%
From 987 homes
6.1%
From 987 homes
-
Dixon
6.1%
From 875 homes
6.0%
From 875 homes
-
Downtown
5.9%
From 351 homes
6.2%
From 351 homes
-
East Bay
6.7%
From 18 homes
6.7%
From 18 homes
-
Edgemont
5.3%
From 682 homes
5.3%
From 682 homes
-
Foothills
6.0%
From 1,118 homes
5.8%
From 1,118 homes
-
Fort Utah
6.3%
From 566 homes
6.1%
From 566 homes
-
Franklin
6.6%
From 1,200 homes
6.7%
From 1,200 homes
-
Franklin South
7.0%
From 794 homes
7.1%
From 794 homes
-

All communities in Provo