Last updated
Average Rent in Orem 84604 & Rent Trends
Rent prices and market trends across 1 apartment community in Orem 84604, Orem, UT. Updated daily.
Market Average
$1,862/mo
Lowest Available
$1,862/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
1
available now
Orem 84604 vs Orem, UT Average
Orem 84604 is more expensive the Orem, UT average by $85/mo (5%). The citywide average is $1,777/mo across all neighborhoods.
Is Rent Going Up or Down in Orem 84604?
As of June 2026, the average rent in Orem 84604 is $1,862 per month across 1 apartment community and 1 available units.
The most affordable option is The Flats at Riverwoods starting at $1,862/mo. By unit type, a 2-bedroom averages $1,862/mo.
Prices range from $1,862 to $1,862 per month. The most common price point is the $1,800 range, where 1 units are currently listed.
Rent by Bedroom Type in Orem 84604
Rent Prices by Apartment in Orem 84604
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Flats at Riverwoods | $1,862/mo | $1,862/mo | 1 | 4.2 |
Google Search Trends for Orem 84604 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Orem 84604
What is the average rent in Orem 84604?
Is rent going up or down in Orem 84604?
What is the cheapest apartment in Orem 84604?
How many apartments are available in Orem 84604?
What salary do I need to live comfortably in Orem 84604?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$74,000/year
Based on the 30 percent rule, using our tracked average rent of $1,862/mo.
Comfortable income
$89,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
Median household income in Orem 84604 is $81,292 , about 9% below the comfortable-living threshold.
Cost of living in Orem 84604
Overall prices in Orem 84604 runs below the national average by about 4% (BEA Regional Price Parity index 95.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Orem 84604's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,862 |
| Utilities | $461 |
| Groceries | $511 |
| Transportation | $1,099 |
| Healthcare | $536 |
| Other goods and services | $858 |
| Estimated total | $5,328/mo |
Population
97,048
Median household income
$81,292
Census median rent
$1,405/mo
Rent as % of income
28.7%
Median age
26.9
Mean commute
20 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Orem 84604 Apartments
Browse all 1 communities with daily-updated pricing and availability.