Parkway Lofts
1225 W 1000 South,
Orem, UT 84058
$1,169 - $2,509
Studio - 3 Beds
Orem
Orem, UT Area Guide
Perfect for families or students seeking the small town lifestyle.
Outdoors
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Scenic
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Nature
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College
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Skiing
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Quiet
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Golf
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Family-Friendly
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Nestled against the Wasatch Mountains, Orem combines outdoor recreation with city living. The city of over 106,000 residents offers various rental options throughout its neighborhoods, from apartments near Utah Valley University to residential communities throughout the city. The rental market currently shows one-bedroom units averaging $1,311, with a 0.9% decrease over the past year. The University district and the area near University Parkway provide convenient access to University Place mall and local dining.
Utah Valley University, the state's largest public university with over 43,000 students, influences the city's character. Residents enjoy access to mountain trails and the city's park system, including Palisade Park's splash pad. Local attractions include the annual Timpanogos Storytelling Festival and performances at the SCERA Center for the Arts. With more than 20 public parks throughout Orem, residents can easily find outdoor spaces close to home. Located 45 miles south of Salt Lake City, Orem offers transportation options including the FrontRunner commuter rail and UVX bus rapid transit system, connecting residents throughout the region.
Explore the City
Palisades Park has a plethora of open green space.
Located near the Aspen neighborhood, Provo River Trail provides miles of scenic views.
Utah Lake is near the Northridge neighborhood.
Rent Trends
As of March 2026, the average apartment rent in Orem, UT is $1,234 for a studio, $1,331 for one bedroom, $1,458 for two bedrooms, and $1,763 for three bedrooms. Apartment rent in Orem has increased by 1.1% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,331/month
752 Sq Ft
House
$1,971/month
1,740 Sq Ft
Condo
$1,483/month
787 Sq Ft
Townhome
$1,359/month
1,120 Sq Ft
Cost of Living
The cost of living in Orem, UT is 2.6% lower than the national average. Generally, housing in Orem is 3.5% more expensive than the national average, with rent falling between $1,234 - $1,763. You can expect to pay 4.0% less for groceries, 20.0% less for utilities, and 4.4% more for transportation.
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Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Orem, UT is for everyday living.
Somewhat Walkable
58
/ 100
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
34
/ 100
You'll likely want a car when living in this area since it has few transit options.
Bikeable
59
/ 100
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Scores provided by Walk Score
Schools
Public
Grades PK-5
Public
Grades PK-5
Public
Grades K-5
Public
Grades K-12
Public
Grades PK-5
Public
Grades K-12
Public
Grades 6-8
Public
Grades 6-8
Public
Grades 6-8
Public
Grades PK-12
Utah County Academy of Science (Ucas)
Public
Grades 9-12
Public
Grades K-12
Public
Grades 9-12
Public
Grades 9-12
Public
Grades 9-12
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Monte L. Bean Life Science Museum
- Derrick Planetarium
- Utah Lake State Park
- Sundance Resort
Airports
- Provo Municipal
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Houses for Rent in Orem
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.