Orem, UT Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Orem is $1,697, a 0.58% decrease compared to the previous year, when the average rent was $1,707.
Studio Apartments at $1,300 offer the most budget-friendly option with 558 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 733 square feet for $1,312, balancing privacy and affordability.
Two-beedroom units at $1,525 offer 955 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,228 sq ft) for $1,828, suitable for larger households.
Average rent in Orem, UT
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,697 | 974 sq. ft. |
| Studio | $1,300 | 558 sq. ft. |
| 1 Bed | $1,312 | 733 sq. ft. |
| 2 Beds | $1,525 | 955 sq. ft. |
| 3 Beds | $1,828 | 1,228 sq. ft. |
Orem, UT rent trends
Rental prices in Orem, UT have decreased by 0.58% over the past year. The average rent moved from $1,707 to $1,697.
What's the typical rent budget in Orem, UT?
The largest share of rentals in Orem, UT (44%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Orem, UT?
12,805 or 42% of the households in Orem, UT are renter-occupied while 17,807 or 58% are owner-occupied.
How Orem Compares to Other Cities
| City | Average Rent |
|---|---|
| Orem | $1,697 |
| Salt Lake City | $1,586 |
| Ogden | $1,510 |
| Lehi | $1,708 |
| Provo | $1,856 |
| Logan | $1,774 |
| Sandy | $1,608 |
| Midvale | $1,515 |
| Clearfield | $1,485 |
| South Jordan | $1,747 |
| West Jordan | $1,594 |
| Murray, UT | $1,469 |
| South Salt Lake, UT | $1,559 |
| West Valley City | $1,570 |
| Saratoga Springs, UT | $1,671 |
| Draper | $1,728 |
| Herriman | $1,714 |
| American Fork, UT | $1,692 |
| Eagle Mountain, UT | $2,289 |
| Riverton, UT | $1,998 |
| Cottonwood Heights, UT | $1,596 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Orem apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.