Cedar City, UT housing market
Typical home value
$404K
▲ 1.4% 1 yr
Typical rent
$1,481/mo
▲ 0.8% 1 yr
Gross rent yield
4.4%
U.S. 6.3%
5-year home value change
+13%
U.S. +20%
Key takeaways
- 1The typical home in Cedar City is worth $403,723, up 1.4% over the past year and up 13% over five years.
- 2Typical rent is $1,481 a month (+0.8% YoY), a gross rent yield of 4.4% (above the Cedar City, UT metro's 4.4%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,219/mo, $738 more than typical rent.
- 4Zillow forecasts the Cedar City, UT metro's home values to change +1.0% over the next 12 months.
Market temperature (Cedar City, UT metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 33/100, #402 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Cedar City compares
| Measure | Cedar City | Cedar City, UT metro | United States |
|---|---|---|---|
| Typical home value | $403,723 | $409,512 | $366,157 |
| Home value, 1-yr change | +1.4% | +2.4% | +1.2% |
| Typical rent | $1,481 | $1,491 | $1,932 |
| Rent, 1-yr change | +0.8% | +0.6% | +2.7% |
| Gross rent yield | 4.4% | 4.4% | 6.3% |
| Price-to-rent ratio | 22.7 | 22.9 | 15.8 |
| Mortgage P&I, typical home | $2,219 | $2,250 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Cedar City rental, pre-filled.
Rent vs buy in Cedar City
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $404K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.