Orem, UT Rental Market Trends
Last updated: April 08, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Orem is $1,684, a 0.66% decrease compared to the previous year, when the average rent was $1,695.
Studio Apartments at $1,221 offer the most budget-friendly option with 555 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 736 square feet for $1,343, balancing privacy and affordability.
Two-beedroom units at $1,518 offer 957 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,230 sq ft) for $1,809, suitable for larger households.
Average rent in Orem, UT
Last updated: April 08, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,684 | 967 sq. ft. |
| Studio | $1,221 | 555 sq. ft. |
| 1 Bed | $1,343 | 736 sq. ft. |
| 2 Beds | $1,518 | 957 sq. ft. |
| 3 Beds | $1,809 | 1,230 sq. ft. |
Orem, UT rent trends
Rental prices in Orem, UT have decreased by 0.66% over the past year. The average rent moved from $1,695 to $1,684.
What's the typical rent budget in Orem, UT?
The largest share of rentals in Orem, UT (48%) 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 | $1,684 |
| Salt Lake City | $1,566 |
| Ogden | $1,490 |
| Provo | $1,900 |
| Logan | $1,779 |
| Midvale | $1,504 |
| Layton | $1,462 |
| West Valley City | $1,541 |
| Clearfield | $1,496 |
| Sandy | $1,576 |
| West Jordan | $1,548 |
| Herriman | $1,684 |
| Murray, UT | $1,420 |
| Draper | $1,692 |
| South Salt Lake, UT | $1,522 |
| Riverton | $1,961 |
| South Jordan | $1,690 |
| American Fork, UT | $1,685 |
| Bluffdale, UT | $1,962 |
| Bountiful, UT | $1,489 |
| Eagle Mountain, UT | $2,209 |
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.