Average Rent in Orem, UT and Rent Price Trends

Rent price trends in
Orem, UT

Rent price trends

Rent prices for all bedroom counts and property types in Orem, UT have decreased by 4% in the last month and have increased by 3% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Orem, UT
The monthly rent for an apartment in Orem, UT is $1,325. A 1-bedroom apartment in Orem, UT costs about $1,239 on average, while a 2-bedroom apartment is $1,325. Houses for rent in Orem, UT are more expensive, with an average monthly cost of $2,125.


1 bedroom	$1,285	No Change	25%
2 bedroom	$1,325	2%	No Change
3 bedroom	$1,785	No Change	2%
4 bedroom	$2,397	9%	39%
Studio	$1,700	6%	87%

		Comparables
Aspen	$1,695
Bonneville	$1,450
Cascade	$1,282
Cherry Hill	$1,247
Geneva	$1,485
Hillcrest	$1,222
Lakeview	$1,615
Sharon	$1,325
Suncrest	$1,485
Sunset Heights	$1,250


Apartments	$1,325	1%	No Change
Condos	$1,400	2%	No Change
Houses	$2,125	10%	No Change
Rooms	$655	2%	-

Studio

Average rent

$1,700

Last 30 days

Last year

87%

1 bedroom

Average rent

$1,285

Last 30 days

No Change

Last year

25%

2 bedroom

Average rent

$1,325

Last 30 days

Last year

No Change

3 bedroom

Average rent

$1,785

Last 30 days

No Change

Last year

4 bedroom

Average rent

$2,397

Last 30 days

Last year

39%

The table above reflects average rent prices in Orem, UT, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Orem, UT to other cities

Median rent prices in Orem, UT for all bedroom counts and property types compared to American Fork, UT.

Orem

Median rent price$1,385

28%

lower than the national median

Median rent price$1,675

13%

lower than the national median

Takeaway

The median rent for all rentals in Orem, UT is 17% lower than the median rent in American Fork, UT.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

American Fork

$1,675

14%

Last year

Bluffdale

$2,095

10%

Last year

Draper

$2,250

26%

Last year

Lehi

$1,839

Flat

Last year

Pleasant Grove

$1,695

22%

Last year

Provo

$1,145

Last year

Riverton

$2,000

Last year

Sandy

$1,830

Last year

South Jordan

$2,349

22%

Last year

Spanish Fork

$1,700

Last year

Springville

$1,387

Last year

Vineyard

$1,685

Last year

Cost of living in
Orem, UT

The overall cost of living in Orem, UT is 3% higher than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.