Wayne County

UtahPopulation: 2,532
50
/100
Hold
#600 of 1,000 counties
#13 in Utah (28 counties)
Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring
Updated January 1, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$438,037
Median Home Price
91% above national median
$26,467/mo
Est. Rent
Based on regional data
6.04%
Rent-to-Price Ratio
Estimated from price data
+$0
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
50/100
50
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
64/100

Based on 1.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
32/100

Price-to-income ratio of 6.8x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

No significant strengths identified based on current data.

Challenges

  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging
  • -Limited rent data (estimates used)

Economic Indicators

Population
2,532
Median Income
$64,870
vs $54,921 national est.
Unemployment Rate
—
Data pending
Price-to-Income
6.8x
Less affordable

Who this market fits

Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)
  • −You rely on FHA-style financing: prices are stretched relative to local incomes

Compare to Nearby Counties

CountyVerdict
CurrentWayneUT
50$438,037Est. pending—Hold
TooeleUT
50$472,857$1,9574.97%HoldView
DavisUT
50$545,748$1,8113.98%HoldView
MorganUT
50$722,602Est. pending—HoldView
UtahUT
49$534,714$1,7984.03%HoldView
WeberUT
49$450,369$1,4423.84%HoldView

The Bottom Line

HoldWayne is a neutral market.

Wayne County in Utah scores 50/100, ranking #600 of 1,000 US counties (top 77%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow
+$0/mo
Cap Rate
0.0%
Cash-on-Cash
0.0%

Related markets

All counties in Utah →

Rent vs buy in Utah cities

Rent vs buy in Salt Lake City, UTMedian $558,754 · rent $1,607/moRent vs buy in West Valley City, UTMedian $558,754 · rent $1,607/moRent vs buy in Provo, UTMedian $534,714 · rent $1,798/moRent vs buy in West Jordan, UTMedian $558,754 · rent $1,607/moRent vs buy in Orem, UTMedian $534,714 · rent $1,798/moAll Utah citiesFull rent-vs-buy directory for the state

Ready to Analyze a Deal in Wayne?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRRHouse HackOwner-occupied strategyMultifamily5+ unit properties
Explore Other Markets