Rental market snapshot for Orem, Utah
Orem, Utah Rental Property Market Overview
Orem, Utah is a city located in Utah County, Utah. It is situated in the Provo-Orem metropolitan area and is the sixth-largest city in the state. According to the US Census, the population of Orem in 2021 is 97,861. Orem is known for its strong economy, diverse culture, and excellent quality of life. It is home to Utah Valley University, a large shopping mall, and several parks and trails. Orem is a great place to live, work, and play.
The average rent for an apartment in Orem is $1,717. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has increased by 2.3% over the past year.
Last Updated September 01, 2023
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
Average monthly rent graph in Orem Utah | Cost of Living
- The most expensive ZIP code in Orem is 84059 with an average price of $1,860.
- The cheapest ZIP code in Orem is 84057 with an average price of $1,630.
Orem ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 84059 | $1,860 |
| 2 | 84097 | $1,717 |
| 3 | 84058 | $1,650 |
| 4 | 84057 | $1,630 |
Live near Orem, Utah's Top Sights and Attractions
Park Place is a family-friendly entertainment center located in Orem, Utah. It features a variety of attractions, including a bowling alley, laser tag arena, arcade, and mini golf course. The bowling alley has 24 lanes and a full-service restaurant. The laser tag arena is a multi-level arena with a variety of obstacles and special effects. The arcade has over 50 games, including classic and modern favorites. The mini golf course is an 18-hole course with a variety of obstacles and challenges. Park Place also offers a variety of food and beverage options, including a full-service restaurant and snack bar.
Community Park Northwest Pavilion is a large outdoor pavilion located in a picturesque park. It features a large covered seating area, perfect for picnics and gatherings, as well as a playground and plenty of open grassy areas for activities. The pavilion is surrounded by tall trees and lush greenery, providing a peaceful and tranquil atmosphere. It is a great place to spend a day outdoors with family and friends.
Cascade Park is a beautiful outdoor attraction located in the foothills of the Wasatch Mountains. It features a large pond surrounded by lush green grass, a variety of trees, and a picturesque waterfall. Visitors can enjoy a variety of activities such as fishing, picnicking, and hiking. There are also several playgrounds and picnic areas, as well as a nature center and amphitheater. The park is a great place to relax and take in the beauty of nature.
Scera Park is a family-friendly outdoor destination located in the heart of Utah. It features a variety of activities, including a swimming pool, a playground, a splash pad, a skate park, and a disc golf course. There are also several picnic areas, a basketball court, and a baseball diamond. The park also hosts a variety of events throughout the year, including concerts, movies, and festivals.
Kwanzen Community Park is a beautiful outdoor destination located in the foothills of the Wasatch Mountains. It features a variety of recreational activities, including a playground, picnic areas, walking trails, and a pond. The park also has a large open field, perfect for playing sports or having a picnic. The park is surrounded by lush trees and shrubs, providing a peaceful and tranquil atmosphere. Visitors can also enjoy the stunning views of the nearby mountains.
City Park is a large outdoor recreational area located in the heart of the city. It features a variety of activities, including a large playground, a pond with ducks and geese, a walking path, a basketball court, a sand volleyball court, and a picnic area. The park also has a large open grassy area, perfect for flying kites, playing frisbee, or just relaxing in the sun.
Woodbury Art Museum is a small but impressive art museum located in Orem, Utah. It features a variety of art from local and international artists, including paintings, sculptures, and photographs. The museum also hosts a variety of events, such as lectures, workshops, and classes. It is a great place to explore and appreciate art, and it is a great way to learn more about the local art scene.
Windsor Park is a large outdoor recreational area located in Orem, Utah. It features a variety of activities, including a large playground, a splash pad, a walking path, a disc golf course, and several sports fields. The park also has a picnic area, a pavilion, and a pond with a fountain. It is a great place to spend time outdoors with family and friends, and it is a popular spot for hosting events.
Orchard Park is a beautiful outdoor park located in Orem, Utah. It features a large pond with a fountain, a playground, picnic areas, and plenty of open space for activities. The park is surrounded by lush trees and is a great place to relax and enjoy the outdoors. There are also several walking trails that wind through the park, making it a great place to take a leisurely stroll.
Bonneville Park is a large outdoor recreation area located in the foothills of the Wasatch Mountains. It features a variety of activities, including a large lake, a playground, a disc golf course, a picnic area, and several trails for hiking, biking, and horseback riding. The park also offers a variety of wildlife viewing opportunities, including a bird sanctuary and a butterfly garden. The park is a popular destination for families and outdoor enthusiasts alike, offering a peaceful and scenic escape from the hustle and bustle of city life.
Orem, Utah area median rent change by ZIP code map
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
How does Orem compare to other cities in Utah?
| city | median price |
|---|---|
| Midway | $3,600 |
| Eagle Mountain | $2,325 |
| North Salt Lake | $2,300 |
| Draper | $1,980 |
| Washington | $1,795 |
| Smithfield | $1,795 |
| American Fork | $1,700 |
| Midvale | $1,600 |
| Provo | $1,400 |
Average household income in Orem area graph - US Census
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
The median household income in Orem in 2021 was $70,412. This represents a 33.6% change from 2011 when the median was $52,703.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 3.9% |
| 1 | $10,000 to $14,999 | 2.1% |
| 2 | $15,000 to $19,999 | 3.5% |
| 3 | $20,000 to $24,999 | 4.7% |
| 4 | $25,000 to $29,999 | 4.1% |
| 5 | $30,000 to $34,999 | 4.3% |
| 6 | $35,000 to $39,999 | 4.0% |
| 7 | $40,000 to $44,999 | 4.9% |
| 8 | $45,000 to $49,999 | 4.5% |
| 9 | $50,000 to $59,999 | 9.4% |
| 10 | $60,000 to $74,999 | 11.6% |
| 11 | $75,000 to $99,999 | 14.3% |
| 12 | $100,000 to $124,999 | 9.3% |
| 13 | $125,000 to $149,999 | 6.8% |
| 14 | $150,000 to $199,999 | 6.7% |
| 15 | $200,000 or more | 5.8% |
Neighborhoods in Orem
We currently do not have this data but we are working to add this soon.
