Homes & Apartments for Rent in 84057

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What to Know About

Life in Orem & Beyond

Orem shares many of the great qualities that make Utah a desirable place to live.

Utah, known as the "Beehive State," offers awe-inspiring natural beauty and thrilling outdoor activities, making it a paradise for adventure enthusiasts. It is home to some of the country's most breathtaking national parks and monuments, including Zion National Park, Bryce Canyon National Park, and Arches National Park. Dive deep into Utah's rich cultural heritage by visiting museums and galleries, like the Natural History Museum of Utah and the Pioneer Memorial Museum, or enroll in some of the most prestigious universities in the US, like the University of Utah and Brigham Young University. In addition, industries like technology, tourism, and finance also bolster Utah's economy.

Sports fans have plenty of options to keep them entertained, whether cheering on the Utah Jazz (NBA) in Salt Lake City or skiing the world-renowned slopes of the Wasatch Mountains. Discover famous attractions like Temple Square, the Great Salt Lake, Moab, and the historic city of Park City, where the Sundance Film Festival is based.

With its exceptional living standards and robust economy, Utah is the perfect state for those seeking an unforgettable outdoor adventure and an authentic western experience, making it a great place to live.

Rental Market Trends

Orem, UT

As of July 2026, Orem's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Orem's average rent is 16.9% ($283) lower than the Utah average of $1,670 and 22.6% ($405) lower than the U.S. average of $1,792.

Average Rent
$1,387
Monthly ChangeMonth Over Month Change
Increased3.6% ($48)
Yearly ChangeYear Over Year Change
Decreased0.1% ($2)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,198 Increased4.7% ($54) Increased8.4% ($93)
2 Beds $1,360 Decreased2.4% ($33) Increased0.2% ($3)
3 Beds $1,751 Increased2.8% ($47) Decreased1.5% ($27)
Nearby Cities Average Rent Avg. Rent vs. OremAverage Rent vs. Orem Avg. Days on MarketAverage Days on Market
Vineyard $1,408 Increased1.5% ($21) 24 days
Provo $1,360 Decreased1.9% ($27) 26 days
Pleasant Grove $1,721 Increased24.1% ($334) 29 days
American Fork $1,698 Increased22.4% ($311) 26 days
Saratoga Springs $1,970 Increased42% ($583) 20 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Orem Rental Market FAQs

Explore rental prices, market trends, and availability in Orem, UT.

The average rent in Orem, UT is $1,387 per month.
Homes in Orem typically rent for between $839 and $2,276 per month, with an average of $1,387 per month.
In Orem, the average rent for a 1-bedroom home is $1,198 per month, for a 2-bedroom home, $1,360 per month, and a 3-bedroom home is $1,751 per month.
The average rent in Orem is 22.6% ($405) lower than the national average of $1,792 per month.
The average rent in Orem has increased by 3.6% ($48) in the last month and decreased by 0.1% ($2) over the past year.
The rental market in Orem, UT, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Orem, UT, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 114 rental properties available in Orem, UT.
Based on the current averages, a household would need an annual income of $54,400 to comfortably afford a 2-bedroom home in Orem.
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