Homes & Apartments for Rent in Orem, UT

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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 April 2026, Orem's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Orem's average rent is 19.7% ($317) lower than the Utah average of $1,608 and 27.8% ($497) lower than the U.S. average of $1,788.

Average Rent
$1,291
Monthly ChangeMonth Over Month Change
Decreased5.1% ($70)
Yearly ChangeYear Over Year Change
Decreased4.9% ($66)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,043 Decreased2.6% ($28) Increased8.3% ($80)
2 Beds $1,267 Increased1.4% ($18) Increased2.3% ($29)
3 Beds $1,862 Increased4.1% ($73) Increased7.6% ($132)
Nearby Cities Average Rent Avg. Rent vs. OremAverage Rent vs. Orem Avg. Days on MarketAverage Days on Market
Vineyard $1,763 Increased36.6% ($472) 24 days
Provo $1,355 Increased5% ($64) 26 days
Pleasant Grove $1,949 Increased51% ($658) 29 days
American Fork $1,534 Increased18.8% ($243) 26 days
Saratoga Springs $1,594 Increased23.5% ($303) 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 $1,291 per month.
Homes in Orem typically rent for between $730 and $2,421 per month, with an average of $1,291 per month.
In Orem, the average rent for a 1-bedroom home is $1,043 per month, for a 2-bedroom home, $1,267 per month, and a 3-bedroom home is $1,862 per month.
The average rent in Orem is 27.8% ($497) lower than the national average of $1,788 per month.
The average rent in Orem has decreased by 5.1% ($70) in the last month and decreased by 4.9% ($66) 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 75 rental properties available in Orem, UT.
Based on the current averages, a household would need an annual income of $50,680 to comfortably afford a 2-bedroom home in Orem.
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