Mortgage Rates in Riverton, UtahMarch 2026

Updated March 2026 | Based on Riverton market data and regional lending conditions

30-Year Fixed
6.74%
15-Year Fixed
5.98%
Median Home Price
$442,000
Est. Monthly Payment
$2,494

Riverton is a growing city in Utah with a population of 45,285. The current 30-year fixed mortgage rate in Riverton is 6.74%, which is 0.09% above the national average. With a median home price of $442,000 and a 20% down payment of $88,400, homebuyers can expect a monthly principal and interest payment of approximately $2,291.

Current Mortgage Rates in Riverton, UT

Below are the current average mortgage rates available in the Riverton area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.

Loan TypeRateNational AvgDifference
30-Year Fixed6.74%6.65%+0.09%
15-Year Fixed5.98%5.89%+0.09%
5/1 ARM6.24%6.15%+0.09%
FHA6.49%6.25%+0.24%
VA6.24%6.05%+0.19%
Jumbo6.99%6.85%+0.14%

Riverton Housing Market Overview

The Riverton housing market reflects moderate demand with prices near the national average. The median household income in Riverton is $78,200, and the cost of living index is 99.1 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $106,886 to comfortably afford the median-priced home in Riverton, which exceeds the current median household income.

Population
45,285
Median Income
$78,200
Property Tax Rate
0.55%
Cost of Living
99.1
Down Payment (20%)
$88,400
Income Needed
$106,886

Monthly Payment Breakdown for Riverton

Based on the median home price of $442,000 with 20% down ($88,400), here is what you can expect to pay monthly in Riverton:

Principal & Interest (30-yr at 6.74%)$2,291
Property Tax$203
Estimated Insurance$111
Total Estimated Monthly$2,605

15-Year vs. 30-Year Mortgage in Riverton

Choosing a 15-year mortgage in Riverton at 5.98% instead of a 30-year at 6.74% would save you $288,360 in total interest over the life of the loan. However, your monthly payment would be $2,980 instead of $2,291 — an increase of $689 per month.

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Frequently Asked Questions About Mortgages in Riverton

What are the current mortgage rates in Riverton, UT?

As of March 2026, the average 30-year fixed mortgage rate in Riverton, Utah is 6.74%, while the 15-year fixed rate is 5.98%. FHA loans average 6.49% and VA loans 6.24%. These rates are 0.09% above the national average of 6.65%.

How much is a monthly mortgage payment in Riverton?

Based on the median home price of $442,000 with 20% down, the estimated monthly mortgage payment in Riverton is $2,291 for principal and interest. Including property taxes of $203/month, the total monthly housing cost is approximately $2,494.

What income do I need to buy a home in Riverton?

Using the 28% rule, you would need an annual income of approximately $106,886 to afford the median-priced home in Riverton at $442,000. The median household income in Riverton is $78,200. This means most households would need to either earn above the median or consider homes below $442,000.

Is Riverton a good place to buy a home in 2026?

Riverton offers a below-average cost of living with a cost of living index of 99.1 (national average = 100). The property tax rate in Utah is 0.55%, which is below the national average. Riverton has a population of 45,285 and offers a balanced lifestyle.

Mortgage Rates in Other Utah Cities

Salt Lake City, UT
6.68% | $515,000
Provo, UT
6.68% | $465,000
West Valley City, UT
6.68% | $415,000
Ogden, UT
6.68% | $345,000
St. George, UT
6.68% | $495,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Riverton, Utah area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.