Lakewood, Utah County, UT

Median Home Price Price

$450,886 $450.9K

Median Monthly Rent Rent

$1,422 $1.4K

27.0x

Market Snapshot

Lakewood, Utah County, UT is a neighborhood market with a median home price of $450,886, a median monthly rent of $1,422, a GRM of 27.0x, and a price-to-rent ratio of 26.4.

More markets to explore

Explore the data
Region Show
Fort Utah
$477K $1.4K 28.0x
$506K $1.4K 29.0x
$484K $1.4K 28.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$347K $1.4K 20.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Lakewood

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Benchmark comparison

Rent in Lakewood, UT is 0.1% lower than Fort Utah, UT.

Lakewood, UT
Fort Utah, UT
Delta
Median rent
$1,422
$1,423
+$1
Median price
$450,886
$477,431
+$26,545
YoY change
+$84
+$71
-$13
Price-to-rent
26.4x
28.0x
+1.6x

Key takeaways

  • Lakewood, Utah County, UT has a higher-grm screening profile: At 27.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $84 year over year.
  • Rent in Lakewood, UT is 0.1% lower than Fort Utah, UT.