27

Newest Homes for Rent in Parowan, UT

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  • /7

    $900

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 748 Sq Ft
    • Townhouse for Rent

    213 Beth, Parowan, UT 84761

    Nice cottage recently remodeled with new carpet, paint and flooring. large open layout. Large Bedroom and Big Closet. Cozy covered porch. Central AC/Heat. Storage Shed.

    213 Beth, Parowan, UT 84761
  • /19

    $2,800

    Total Monthly Price

    • 5 Beds
    • 3.5 Baths
    • 3,730 Sq Ft
    • House for Rent

    320 S 1125 W, Parowan, UT 84761

    Large 5 bedroom 3.5 Bath. laundry on main level. 3 beds 2.5 baths on main level. 1 bathroom and 2 bedrooms in basement. Office/den on main floor. Large family room/game room in basement with exterior entrance. Landscape maintenance included.

    320 S 1125 W, Parowan, UT 84761
  • /29

    $1,595 Per Month

    • 2 Beds
    • 1 Bath
    • 969 Sq Ft
    • 2 Bed 1 Bath House in Scenic Parowan

    112 S 100 E, Parowan, UT 84761

    *NEW PICTURES & PRICE REDUCED*Welcome to this inviting 3-bedroom, 1-bathroom home nestled in the beautiful town of Parowan. The layout includes two well-sized bedrooms and an additional flexible room that can serve as a bedroom, office, or extra living space. You’ll also enjoy a spacious 2-car garage with plenty of room for vehicles or storage, plus additional parking for up to four

    112 S 100 E, Parowan, UT 84761
  • /32

    Starting at $1,595 Per Month

    • 3 Beds

    345 N 575 W, Parowan, UT 84761

    Discover the perfect place to call home at Falcon Ridge, where modern living meets small-town charm. Our homes are 3 beds and 2.5 baths with 1395 sqft of living space. We offer a spacious floor plan, breathtaking views, prime location and community. These spacious, newly built 2025 homes offer comfort, convenience, and affordability, making them the perfect option for individuals and families

    Falcon Ridge

    (725) 465-8608

    345 N 575 W, Parowan, UT 84761

Frequently Asked Questions

How much does it cost to rent a home in Parowan, UT?
The median rent for a home in Parowan, UT is $1,595 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Parowan, UT?
To comfortably afford the median rent in Parowan, UT, a household needs to earn roughly $63,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,595 per month in Parowan, UT, renters typically need to show $4,785 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Parowan, UT?
In Parowan, UT, the price-to-rent ratio is 16.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Parowan, UT

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,595
Median Single Family Home Rent
$1,595
How to Rent a Home