Apartments & Condos 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 2025, 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% ($333) lower than the Utah average of $1,690 and 24.6% ($442) lower than the U.S. average of $1,799.

Average Rent
$1,357
Monthly ChangeMonth Over Month Change
Decreased5.2% ($75)
Yearly ChangeYear Over Year Change
Decreased10.8% ($165)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $963 Decreased0.5% ($5) Decreased23.6% ($297)
2 Beds $1,238 Decreased5.4% ($70) Decreased11.9% ($168)
3 Beds $1,730 Increased0.8% ($13) Decreased8.9% ($168)
Nearby Cities Average Rent Avg. Rent vs. OremAverage Rent vs. Orem Avg. Days on MarketAverage Days on Market
Vineyard $1,409 Increased3.8% ($52) 24 days
Provo $1,252 Decreased7.7% ($105) 26 days
Pleasant Grove $1,899 Increased39.9% ($542) 29 days
American Fork $1,668 Increased22.9% ($311) 26 days
Saratoga Springs $1,542 Increased13.6% ($185) 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 $1,357 per month.
Apartments in Orem typically rent for between $674 and $2,249 per month, with an average of $1,357 per month.
In Orem, the average rent for a 1-bedroom apartment is $963 per month, for a 2-bedroom apartment, $1,238 per month, and a 3-bedroom apartment is $1,730 per month.
The average rent in Orem is 24.6% ($442) lower than the national average of $1,799 per month.
The average rent in Orem has decreased by 5.2% ($75) in the last month and decreased by 10.8% ($165) 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 88 rental properties available in Orem, UT.
Based on the current averages, a household would need an annual income of $49,520 to comfortably afford a 2-bedroom apartment in Orem.
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