Homes & Apartments for Rent in Orem, UT 84097

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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

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As of October 2026, Orem's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Orem's average rent is 17.0% ($288) lower than the Utah average of $1,691 and 22.9% ($416) lower than the U.S. average of $1,819.

Average Rent
$1,403
Monthly ChangeMonth Over Month Change
Decreased1.7% ($24)
Yearly ChangeYear Over Year Change
Decreased2.2% ($31)
Avg. Days on MarketAverage Days on Market
25
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,011 Decreased5.8% ($62) Decreased2.3% ($24)
2 Beds $1,353 Increased0.4% ($5) Increased4.1% ($53)
3 Beds $1,677 Decreased7.4% ($134) Decreased3.2% ($55)
Nearby Cities Average Rent Avg. Rent vs. OremAverage Rent vs. Orem Avg. Days on MarketAverage Days on Market
Provo $1,554 Increased10.8% ($151) 36 days
Vineyard $1,432 Increased2.1% ($29) 36 days
Pleasant Grove $1,697 Increased21% ($294) 23 days
American Fork $1,728 Increased23.2% ($325) 26 days
Saratoga Springs $1,536 Increased9.5% ($133) 28 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Orem Rental Market FAQs

Explore rental prices, market conditions, and affordability in Orem, UT.

The average rent in Orem, UT is $1,403 per month.
In Orem, the average rent for a 1-bedroom home is $1,011 per month, for a 2-bedroom home, $1,353 per month, and a 3-bedroom home is $1,677 per month.
The average rent in Orem is 22.9% ($416) lower than the national average of $1,819 per month.
The rental market in Orem, UT, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
Based on the current averages, a household would need an annual income of $54,120 to comfortably afford a 2-bedroom home in Orem.
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