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Rental Market Trends in Orem, UT

Updated August 2026

The average rent in Orem, UT is $1,410/month.

Rent in Orem is 15% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$1,410/month

Average Rent

752 Sq Ft

Average Size

+4.4%

Change / Year

677

Available Apartments

Orem rent varies by unit size and layout:

  • Studio apartments in Orem average $1,257 per month.
  • One-bedroom apartments in Orem average $1,410 per month.
  • Two-bedroom apartments in Orem average $1,527 per month.
  • Three-bedroom apartments in Orem average $1,953 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,257/month
659 Sq Ft
One Bedroom
$1,410/month
752 Sq Ft
Two Bedroom
$1,527/month
985 Sq Ft
Three Bedroom
$1,953/month
1,268 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$756/month
625 Sq Ft
Two Bedroom
$1,353/month
914 Sq Ft
Three Bedroom
$1,769/month
1,394 Sq Ft
Four Bedroom
$2,389/month
2,719 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,316/month
914 Sq Ft
Three Bedroom
$1,812/month
1,355 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$778/month
599 Sq Ft
Two Bedroom
$1,548/month
959 Sq Ft
Three Bedroom
$1,937/month
1,707 Sq Ft
Four Bedroom
$1,362/month
1,825 Sq Ft
View Orem Apartments

How much has average rent changed in Orem, UT?

In the past year, rent has increased by 4.4%, which averages out to $63 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Orem, UT

August 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Orem, UT
Percentage*
Rent Range
0% Below $700/month
16% $700 - $1,000/month
39% $1,001 - $1,500/month
45% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Orem?

Based on current rent prices, Lakeview, Orem North and Sunset Heights are the most affordable neighborhoods in Orem.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakeview
$1,176/month
747 Sq Ft
Orem North
$1,426/month
739 Sq Ft
Sunset Heights
$1,445/month
778 Sq Ft
Hillcrest
$1,549/month
741 Sq Ft
Scera Park South
$1,569/month
757 Sq Ft

What are the most expensive neighborhoods in Orem?

Based on current rent prices, Scera Park South, Hillcrest and Sunset Heights are the most expensive neighborhoods in Orem.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Scera Park South
$1,569/month
757 Sq Ft
Hillcrest
$1,549/month
741 Sq Ft
Sunset Heights
$1,445/month
778 Sq Ft
Orem North
$1,426/month
739 Sq Ft
Lakeview
$1,176/month
747 Sq Ft

Which Orem neighborhoods have the most rentals available?

The neighborhoods in Orem with the most apartments available are Sunset Heights, Hillcrest and Scera Park South .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sunset Heights
$1,445/month
778 Sq Ft
Hillcrest
$1,549/month
741 Sq Ft
Scera Park South
$1,569/month
757 Sq Ft
Lakeview
$1,176/month
747 Sq Ft
Orem North
$1,426/month
739 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Orem, UT?

Because the average rent in Orem is $1,410, you’ll want to make about $4,700 per month or $56,400 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Orem, UT is 3.4% lower than the national average. Generally, housing in Orem is 1.9% more expensive than the national average, with rent falling between $1,257 - $1,953. You can expect to pay 3.9% less for groceries, 20.1% less for utilities, and 2.3% more for transportation.

City

Orem, UT

677 Available Apartments for Rent

Search for Nearby Apartments

How does Orem, UT compare to other nearby cities and neighborhoods?

Use the tool below to compare Orem, UT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Orem Area Guide

Apartment Averages

Lakeview

Orem, UT

Scera Park South

Orem, UT

Studio
-
-
One Bedroom
$1,356/month
-
Two Bedroom
$1,502/month
-
Three Bedroom
$1,860/month
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Vineyard

    Vineyard

    Avg Rent: $1,431/month

  • Provo

    Provo

    Avg Rent: $1,262/month

  • Pleasant Grove

    Pleasant Grove

    Avg Rent: $1,271/month

  • American Fork

    American Fork

    Avg Rent: $1,433/month

  • Springville

    Springville

    Avg Rent: $1,376/month

Apartment Communities in Orem We Think You'll Love

Canyon View Crossing

Canyon View Crossing

1460 S State St,
Orem, UT 84097

1-2 Beds | $1,459 - $1,799

The Alloy at Geneva

The Alloy at Geneva

100 S Geneva Rd,
Orem, UT 84058

1-3 Beds | $1,371 - $1,826

Promenade Place - Student Living

Promenade Place - Student Living

875 S Geneva Rd,
Orem, UT 84058

4 Beds | $499 - $610

Canyon View Apartments

Canyon View Apartments

1401 Sandhill Rd,
Orem, UT 84058

1-3 Beds | $1,390 - $1,710

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Explore Rental Manager Resources

Frequently Asked Questions

What is the average rent in Orem?

The average rent in Orem is $1,410 per month, which is 15.3% lower than the national average of $1,664.

What is the average rent for a house in Orem?

The average rent for a house in Orem, UT is $1,769 per month.

What is the average rent for a townhome in Orem?

The average rent for a townhome in Orem, UT is $1,548 per month.

Are rents going up or down in Orem?

Rents in Orem, UT are increasing, with prices up 4.4% year-over-year and $63 more per month.

What rent range is most common in Orem?

In Orem, UT, 45% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States Utah Orem Rental Trends

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity