Last updated
Average Rent in Orem, UT & Rent Trends
Rent prices and market trends across 2 apartment communities in Orem, UT. Updated daily.
Market Average
$1,285/mo
Lowest Available
$1,270/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
2
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 |
|---|---|---|---|---|
| Sunset Heights | $1,573 | $1,270 | 1 | 4 |
| Bonneville | $1,449 | $1,299 | 1 | 2 |
Is Rent Going Up or Down in Orem, UT?
As of May 2026, the average rent in Orem, UT is $1,285 per month across 2 apartment communities and 2 available units.
The most affordable option is Canyon View Apartments starting at $1,270/mo. By unit type, a 1-bedroom averages $1,285/mo.
Prices range from $1,270 to $1,299 per month. The most common price point is the $1,200 range, where 2 units are currently listed.
Orem, UT Rent Price History
Rent by Bedroom Type in Orem, UT
Rent Prices by Apartment in Orem, UT
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Canyon View Apartments | $1,270/mo | $1,270/mo | 1 | 3.6 |
| ICO Monteval Apartments Orem | $1,299/mo | $1,299/mo | 1 | 4.6 |
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 much is a 1-bedroom 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
$51,000/year
30 percent rule -- using our average rent of $1,285/mo.
Comfortable income
$62,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,270/mo), you need to earn at least $51,000/year.
Median household income in Orem, UT is $81,292 , about 32% above 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) | $1,285 |
| Utilities | $461 |
| Groceries | $511 |
| Transportation | $1,099 |
| Healthcare | $536 |
| Other goods and services | $858 |
| Estimated total | $4,751/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 2 communities with daily-updated pricing and availability.