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Buyer Guides, Utah Market NewsPublished October 21, 2026
Best Utah Universities for Tech Degrees in 2026, and What It Means for Utah Real Estate
Utah just put three schools on a national list of the best places to earn a technology degree. In a study by Ajelix, reported by KSL on October 19, 2026, Brigham Young University ranked No. 3, Utah Valley University No. 11 and the University of Utah No. 22 out of 514 colleges in the country. That makes them the best Utah universities for tech degrees by this measure, and it puts all three within about 45 miles of each other along Interstate 15.
A ranking is a headline. What it sets in motion is the story. Every spring these schools send thousands of tech graduates into Utah's job market, and most of them need somewhere to live. At Red Sign, we work with buyers, parents and investors along this corridor every week, so we dug past the ranking into the state wage data, graduate records and rental reports to see what it really means for Utah real estate.
Where do you fit in?
Tap the one that sounds like you for the short version.
I'm starting a tech job in Utah
- Software and IT jobs in Utah pay an average of $133,540 a year, according to the state.
- FrontRunner links Provo, Orem, Lehi and Salt Lake City, so your commute can shape your whole search.
- Utah's market is more balanced than it was, with 4.7 months of supply statewide.
I'm buying near campus for my student
- BYU freshmen can't move into a home you buy until after their first two semesters, with limited exceptions.
- Provo requires a rental license even when a relative lives there rent free.
- Charging fair rent changes how the IRS treats the home.
I'm looking at a rental near a university
- A college town doesn't guarantee tenants. Provo Orem rental vacancy reached 9.5% in 2024.
- Wasatch Front landlords are offering up to three months free to fill units.
- Fewer new projects should tighten the market starting in 2027.
WHICH UTAH UNIVERSITIES ARE BEST FOR TECH DEGREES?
BYU, UVU and the University of Utah each made the national top 25, and each got there differently. BYU led on earnings and low debt. UVU won on price. The U produced the most tech graduates of the three and is betting early on artificial intelligence.
Where the top tech schools are
Utah placed three schools in the national top 25, more than any other state in the public coverage. Tap a numbered badge to see each state's schools and their numbers.

3
Utah
3 schools in the top 25
545
tech degrees, 7 programs
$130,543
grad earnings, 4 years out
$11,178
median federal debt
Only Illinois and MIT scored higher. Index score 75.9.
314
tech degrees, 8 programs
$111,038
grad earnings, 4 years out
$6,376
average annual net price
The lowest net price of any school in the national top 25. Index score 71.6.
576
tech degrees, 6 programs
$124,517
grad earnings, 4 years out
1st
AI bachelor's degree in Utah
The most tech degrees of Utah's three. Index score 68.0.
1
Illinois
1 school
One of the two schools ranked ahead of BYU. Ajelix hasn't published its full scores.
1
Massachusetts
1 school
$11,077
median federal debt
Ranked ahead of BYU, but BYU grads carried only $101 more in median federal debt.
Source: Ajelix tech degree index of 514 U.S. colleges, as reported by KSL, October 19, 2026. Earnings and debt are from U.S. Department of Education data. Ajelix has not published its full top 25, so the map shows the five schools named publicly.
One detail tends to surprise people: UVU, an open enrollment university, finished ahead of the University of Utah. The index rewards value as much as prestige, and UVU's net price of $6,376 a year was the lowest of any school in the top 25.
WHAT THE TECH DEGREE INDEX ACTUALLY MEASURES
Ajelix, a European software company, compared 514 colleges on six measures drawn from U.S. Department of Education data:
- Earnings of tech graduates
- Student loan debt
- Average net price
- First year retention
- Computing program accreditation
- Number of tech programs with graduates
Definition
Average net price is what a student actually pays for a year of school after grants and scholarships, including tuition, housing, food and books. It’s usually far lower than the published sticker price, which is why it’s one of the fairest ways to compare cost between schools.
Read it as one useful lens, not the final word. A 2024 analysis of College Scorecard data by the University of Utah's Marriner S. Eccles Institute found that the major a student picks usually matters more for future pay than the school. Computer science grads earned a median of $114,046 four years out at BYU and $99,562 at the U, well above most other majors at either school.
WHY UTAH TECH DEGREES MATTER FOR HOUSING
Tech pay sets the ceiling on what many Utah buyers can afford. Utah's software and IT industry employed about 78,200 people in 2024 at an average wage of $133,540, the highest of the state's targeted industries, according to the Utah Department of Workforce Services. The state also estimates each core tech job supports more than three jobs across the wider economy.
Early career pay vs the whole industry
Sources: Utah Department of Workforce Services, 2024 wage data; Ajelix study via KSL. Different measures, shown together for scale.
Here's the part most people miss: four years after graduation, BYU tech grads are already earning within a few thousand dollars of the statewide tech average. That's buying power, and it shows up early in a career.
And a lot of it stays here. The Utah System of Higher Education tracked public college graduates and found about 70% were working in Utah a year after graduating and about 59% after five years. UVU grads stayed at slightly higher rates than the system average.
Do Utah grads stay in Utah?
Source: Utah System of Higher Education, 2020 study of public college graduates. BYU is private and not included.
Hiring has cooled, though. Utah added 21,800 jobs over the year heading into 2026, a 1.2% gain against 0.3% nationally, but entry level tech roles have become more competitive as employers lean toward experienced hires. Steady, not frantic, is the right way to think about demand.
WHAT THE UTAH HOUSING MARKET LOOKS LIKE RIGHT NOW
If you're a new grad or a relocating tech hire, the timing is better than it was a few years ago. Prices are rising slowly, more homes are on the market, and fewer buyers are competing for them.
Utah housing market, September 2026
$530,000
statewide median sales price, up 1.9% from a year earlier
4.7
months of supply, up from 4.5
65
median days on market, flat
3,516
closed sales, down 11.9%
Source: Utah Association of REALTORS Monthly Indicators, September 2026.
Months of supply measures how long current listings would last at today's pace of sales. At 4.7 months, Utah sits close to a balanced market, which usually means more room to negotiate on price, repairs and closing costs.
WHERE UTAH TECH GRADS LIVE AND COMMUTE
Most Utah tech jobs cluster along one line: Provo to Lehi to Salt Lake City. FrontRunner commuter rail runs right through it, so many buyers choose a home by station first and neighborhood second.
The FrontRunner tech corridor
South to north. Tap a stop for what’s nearby.
Provo CentralBYU
The southern end of the line today, serving downtown Provo and the BYU area. A future phase would extend FrontRunner about 13 miles south to Payson.
Orem CentralUVU
A pedestrian bridge over Interstate 15, opened in 2021, connects the station to the UVU campus. Orem gives you quick access to both UVU and Provo.
Vineyard
One of the line's newer stops, beside a fast growing lakeside community on the west side of Utah Lake.
American Fork
A north Utah County stop that puts Lehi's tech campuses one station away.
LehiSilicon Slopes
The heart of Silicon Slopes. Buyers who work here often search both south in Utah County and north in Salt Lake County.
The PointPlanned
A planned infill station at the Point of the Mountain, part of UTA's FrontRunner 2X project. Construction is planned to start in 2027, pending a federal grant.
Draper
The first Salt Lake County stop heading north.
South Jordan
Close to the west side of the valley and its newer neighborhoods.
Murray Central
A transfer point to TRAX light rail.
Salt Lake CentralU of U via TRAX
Downtown Salt Lake City. Riders connect to TRAX to reach the University of Utah campus.
Station order from UTA FrontRunner. FrontRunner 2X would raise peak frequency from every 30 minutes to every 15, with completion targeted for 2030.
Orem and Provo put you near BYU and UVU, often with more space for the money. Salt Lake City puts you near the U and downtown employers. If you'd rather start fresh, Red Sign works with partner builders Valor Homes, Green Tech Construction and Amundsen Construction on new construction across Utah County.
BUYING NEAR BYU, UVU OR THE U FOR A STUDENT
Four years of rent adds up, so some parents buy a condo or townhome near campus, let their student live there, and rent the extra rooms to roommates to help cover the payment. It can work well. But four rules decide whether it does, and most of them catch people off guard.
1. BYU's first two semesters
Under BYU student housing policy, single undergraduates must spend their first two semesters in BYU housing, BYU contracted off campus housing or with qualifying family members. A home you buy only works for a new freshman if an exception is approved in writing.
The BYU timeline parents miss
Semesters 1 and 2
BYU on campus housing, BYU contracted off campus housing, or with qualifying family members. Exceptions need written approval.
Semester 3 and on
Students can live where they choose, including a home you own.
Source: BYU Student Housing Policy, revised March 2, 2026. Applies to single undergraduate students.
2. Provo's rental license
Provo requires a rental dwelling license whenever anyone other than the owner lives in the home, even a relative who pays nothing. Most Provo properties also allow only one family or three singles, so your roommate plan depends on the zoning of the exact address.
3. How the IRS sees it
According to the IRS, a relative's use of your property counts as personal use unless it's their main home and they pay a fair rental price. Charging fair rent can let you treat the home as a rental, while below market rent limits your deductions. A CPA can tell you which way fits your situation.
4. How the loan is classified
Fannie Mae and Freddie Mac generally treat the home as owner occupied only when your student is also a borrower on the loan. Otherwise, lenders classify it as a second home or an investment property, which can change the rate and down payment. Ask your lender before you write an offer.
INVESTING NEAR UTAH UNIVERSITIES: THE REALITY CHECK
The common pitch is simple: a college town means endless renters. The numbers say it's more complicated right now. Provo Orem's rental vacancy rate nearly doubled between 2020 and 2024 as new apartments opened, and Wasatch Front landlords are competing hard for tenants.
Investor reality check
9.5%
Provo Orem rental vacancy in June 2024, up from 5.0% in 2020
3 months
free rent offered by some Wasatch Front landlords
$1,591
average asking rent across four Wasatch Front counties
18,400
new apartment units in the pipeline through 2029
Sources: HUD Provo Orem housing market report, June 2024; Northmarq via Building Salt Lake, October 21, 2026.
That's the short term. The longer view is more encouraging. Multifamily permitting has dropped below its 10 year average, and Northmarq expects the market to tighten in 2027 as fewer new projects open. For investors, the opportunity may be in buying during the soft stretch, as long as the numbers work with real vacancy and concessions built in.
- Underwrite with summer vacancy and a realistic concession, not the best case
- Confirm the occupancy limit and licensing for the exact address
- Compare rents on the same street, not the city average
- Check HOA rental caps before you fall in love with a condo
NEXT STEPS
- Pick your priority: commute, campus or cash flow.
- Get preapproved so you know your real budget and how your loan will be classified. Our Utah financing guide walks through it.
- Talk to Red Sign. We're a 20 agent Keller Williams team at KW Westfield in Orem, minutes from both BYU and UVU. Since 2008 we've helped with about 3,500 transactions and earned 1,950+ five star reviews, and we can pull current rents and sales for any street near campus.
The best Utah universities for tech degrees are drawing talent, paychecks and buyers into the same stretch of Interstate 15. Whether you're starting a career, supporting a student or building a portfolio, knowing the rules and the real numbers is what turns that headline into a smart move.
FREQUENTLY ASKED QUESTIONS
What are the best Utah universities for tech degrees?
Brigham Young University ranked No. 3, Utah Valley University No. 11 and the University of Utah No. 22 out of 514 colleges in a 2026 tech degree index by Ajelix, reported by KSL in October 2026.
Do Utah tech graduates stay in Utah after college?
Most do. A Utah System of Higher Education study found about 70% of public college graduates were working in Utah one year after graduating and about 59% after five years.
Can my BYU freshman live in a condo I buy?
Not during the first two semesters unless BYU approves an exception in writing. Single undergraduates must live in BYU housing, BYU contracted housing or with qualifying family members until then. After that, they can live in a home you own.
Can I deduct expenses if my student lives in a home I own?
It depends on the rent. The IRS treats a relative's use as personal use unless the home is their main home and they pay a fair rental price. Talk to a CPA about your situation.
Is buying a rental near a Utah university a good investment right now?
It can be, with realistic numbers. Provo Orem rental vacancy rose to 9.5% in 2024 and concessions are common, but analysts expect the Wasatch Front rental market to tighten starting in 2027 as new construction slows.
Where can I live and ride FrontRunner to Silicon Slopes?
Lehi station sits in the heart of Silicon Slopes. Provo Central, Orem Central, Vineyard and American Fork connect from the south, and Draper, South Jordan, Murray Central and Salt Lake Central connect from the north.
Ready to start? Connect with a Red Sign agent today, or if you already own a home, ask us for a free home value report.
In This Article
Utah's Top Tech Schools How It Was Scored Why It Matters for Housing The Market Right Now Where Tech Grads Live Buying for a Student Investor Reality Check Next Steps FAQSilicon Slopes Questions?
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