Rental prices in Timpview, Orem, UT have increased by 2.21% over the past year. The average rent moved from $1,473 to $1,505.
Check out the average rent in Orem.
The national average price of rental apartments is $1,750, while the average monthly rent in Timpview, Orem, UT is $1,505.
The average monthly rent for an apartment in Timpview, Orem, UT is around $1,505.
A share of 55% of apartments in Timpview, Orem, UT have the cheapest rents between $1,001-$1,500. Around 45% of Timpview's apartments have monthly rents between $1,501-$2,000.
The largest share of rentals in Timpview, Orem, UT (55%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Timpview, Orem, UT is $1,480.
In Timpview, 37% of the residents are renting compared to 63% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Timpview's rentals, 72% are small-scale complexes with under 50 units, and 17% are single-family rentals.
In total, Timpview, Orem, UT has 7,251 residents, 3,578 women and 3,673 men, per U.S. Census recent estimates. Statistics show that the median age of Timpview’s population is 28.4.
There is a total of 2,320 households in Timpview, Orem, UT. Of these, 885 have children and 1,435 are without children. Per Census Bureau’s most current estimates, 1,713 family households and 607 non-family households live in this area. The size of a household in Timpview is 3.09 people, on average. The median household annual income in Timpview equals $82,780, and the monthly housing costs equal $1,385.
According to data from the U.S. Census Bureau, 2% of the population in Timpview, Orem, UT have no high school education, 28% went to high-school, and 24% have partially completed college. Moreover, 11% of the population hold an Associate Degree, 26% hold a Bachelor Degree, and 8% hold a Graduate Degree.
