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Rent Inflation in St. George, UT

The average asking rent in St. George, UT is $1,873/month as of 2026-08. That is +0.9% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,873/mo

as of 2026-08

Year-over-Year Change

+0.9%

24-Month Rent Trend

Monthly ZORI index values for St. George, UT.

MonthAvg Asking RentChange from Prior Month
2026-08$1,873-0.53%
2026-07$1,883-1.10%
2026-06$1,904+1.01%
2026-05$1,885+1.13%
2026-04$1,864+1.41%
2026-03$1,838-0.54%
2026-02$1,848-0.38%
2026-01$1,855+0.49%
2025-12$1,846+0.33%
2025-11$1,840-0.43%
2025-10$1,848-0.43%
2025-09$1,856-0.05%
2025-08$1,857+0.38%
2025-07$1,850+0.27%
2025-06$1,845+0.27%
2025-05$1,840+0.33%
2025-04$1,834+0.38%
2025-03$1,827+0.66%
2025-02$1,815+0.44%
2025-01$1,807+0.17%
2024-12$1,804-0.11%
2024-11$1,806-0.06%
2024-10$1,807+0.00%
2024-09$1,807—

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices