Last updated
Average Rent in Orem, UT & Rent Trends
Rent prices and market trends across 1 apartment community in Orem, UT. Updated daily.
Market Average
$2,387/mo
Lowest Available
$1,199/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
4
available now
Rent by Neighborhood in Orem, UT
Compare average rent across Orem, UT neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Provo Canyon | $2,341 | $2,114 | 1 | 5 |
| Sunset Heights | $1,777 | $1,199 | 2 | 34 |
| Bonneville | $1,649 | $1,150 | 3 | 15 |
| Orem 84604 | $1,629 | $1,249 | 1 | 6 |
Is Rent Going Up or Down in Orem, UT?
As of June 2026, the average rent in Orem, UT is $2,387 per month across 1 apartment community and 4 available units.
The most affordable option is Midtown 360 starting at $1,199/mo. By unit type, a 5-bedroom averages $2,387/mo.
Prices range from $1,199 to $2,850 per month. The most common price point is the $2,800 range, where 2 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Orem, UT
Rent Prices by Apartment in Orem, UT
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Midtown 360 | $1,199/mo | $2,387/mo | 4 | 3.5 |
Google Search Trends for Orem, UT Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Orem, UT
What is the average rent in Orem, UT?
Is rent going up or down in Orem, UT?
What is the cheapest apartment in Orem, UT?
How many apartments are available in Orem, UT?
What salary do I need to live comfortably in Orem, UT?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$95,000/year
Based on the 30 percent rule, using our tracked average rent of $2,387/mo.
Comfortable income
$115,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,199/mo), you need to earn at least $48,000/year.
Median household income in Orem, UT is $81,292 , about 29% below the comfortable-living threshold.
Cost of living in Orem, UT
Overall prices in Orem, UT 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, UT's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,387 |
| Utilities | $461 |
| Groceries | $511 |
| Transportation | $1,099 |
| Healthcare | $536 |
| Other goods and services | $858 |
| Estimated total | $5,853/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, UT Apartments
Browse all 1 communities with daily-updated pricing and availability.