How much is a home worth in ZIP code 84045?

The typical home in 84045 is worth $560,576, based on the Zillow Home Value Index.

Are home values rising in 84045?

Home values in 84045 are up 0.5% over the past year, and up 3.8% a year over five years.

What is the typical rent in 84045?

A typical home in 84045 rents for about $2,219 a month, a gross rental yield of 4.8%.

What is the property tax rate in 84045?

The effective property tax rate in 84045 is 0.4% — roughly $2,318 a year on a typical home.

ZIP code 84045 has a population of 45,429 and a median household income of $130,331.

HousingHandbookReference data

…

U.S. ZIP Code · UT84045

Utah County · Provo-Orem-Lehi, UT

Typical home value

$560,576^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.5%
5-year / yr: +3.8%
10-year / yr: +6.6%

Relative price

vs U.S.: +97.3%
vs metro: +4.2%
vs state: +12.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 84045 is worth $560,576 — 4.2% above the Provo-Orem-Lehi, UT median. Over the past year, values have risen 0.5%. Homes here rent for a typical $2,219 a month — a 4.8% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,219^[2]
Gross yield: 4.8%^[2]
Cap rate: 2.9%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.4%^[3]
Typical annual tax: $2,318^[3]

#Climate risk

FEMA National Risk Index ratings for Utah County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively High
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Relatively High
Winter weather: Relatively High

#Who lives here

Population: 45,429^[3]
Median household income: $130,331^[3]

#Migration

Household moves in and out of Utah County over a year, from IRS tax-return data.

Net migration: +2,695^[5]
Moved in: 18,943
Moved out: 16,248

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 11
Elementary: 6
Middle: 1
High: 1

Westlake High
High · Grades 10–12 · Alpine District
2,847 students
Vista Heights Middle
Secondary · Grades 7–10 · Alpine District
1,596 students
Lake Mountain Middle
Middle · Grades 7–9 · Alpine District
1,424 students
Thunder Ridge School
Elementary · Grades PK–6 · Alpine District
1,052 students
Lakeview Academy
Other · Grades K–9 · Lakeview Academy
1,011 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.8%

Net yield (after ~40% expenses)2.9%

Annual rent$26,628

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,835

Loan principal$448,461

Down payment$112,115

Total interest paid$571,987

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.57

Monthly cost to own$3,493

Monthly rent$2,219

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 9th percentile^[1]
Rental yield: 94th percentile^[2]
Property tax: 35th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 84045?: The typical home in 84045 is worth $560,576, based on the Zillow Home Value Index.
Are home values rising in 84045?: Home values in 84045 are up 0.5% over the past year, and up 3.8% a year over five years.
What is the typical rent in 84045?: A typical home in 84045 rents for about $2,219 a month, a gross rental yield of 4.8%.
What is the property tax rate in 84045?: The effective property tax rate in 84045 is 0.4% — roughly $2,318 a year on a typical home.
Who lives in 84045?: ZIP code 84045 has a population of 45,429 and a median household income of $130,331.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

84013 vs 84045 →
Cedar Fort, UT
Typical home
$547,456
Gross yield
—
84043 vs 84045 →
Lehi, UT
Typical home
$578,761
Gross yield
4.7%
84062
Pleasant Grove, UT
Typical home
$587,223
Gross yield
3.7%
84059
Vineyard, UT
Typical home
$528,327
Gross yield
4.2%
84651
Payson, UT
Typical home
$522,901
Gross yield
3.7%
84003
American Fork, UT
Typical home
$600,721
Gross yield
3.7%

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#Jump to section

U.S. ZIP Code · UT84045

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