Renting in Orem
What rents look like in Orem, Utah, from three public sources that measure different things: Zillow's asking-rent index, HUD's fair market rents for the metro, and what tenants themselves report to the Census Bureau. Every number names its source and period.
The short version
| Zillow rent index, September 2026 | $1,512 a month |
| Median gross rent tenants report (Census, 2020-2024 ACS 5-year estimates) | $1,438 a month |
| Households that rent | 42.2% (13,211) |
| Rental vacancy rate | 3.7% |
| Renters paying 35% or more of income on rent | 36.4% |
Asking rents: Zillow's index
Zillow's Observed Rent Index for Orem was $1,512 a month in September 2026, against $1,480 a year earlier (up 2.2%). The Provo-Orem metro figure was $1,773, so Orem sits 14.7% below the metro. The index blends houses, condos and apartments and measures advertised rents on new leases, not what existing tenants pay.
Source: Zillow Observed Rent Index (ZORI), city and metro files, smoothed, all homes plus multifamily. Period: September 2026. Checked 2026-10-20.
HUD fair market rents for the metro
HUD sets fair market rents for the whole Provo-Orem-Lehi, UT MSA (Utah County and Juab County), not city by city. They are used for housing vouchers and other programs and include basic utilities. A voucher holder in Orem is generally working from these figures.
| Unit size | Fiscal 2027 | Fiscal 2026 |
|---|---|---|
| Efficiency | $1,186 | $1,257 |
| One bedroom | $1,192 | $1,265 |
| Two bedrooms | $1,363 | $1,460 |
| Three bedrooms | $1,887 | $2,031 |
| Four bedrooms | $2,278 | $2,449 |
Source: FY 2027 Fair Market Rents Dataset: Provo-Orem-Lehi, UT MSA, U.S. Department of Housing and Urban Development, HUD User. Federal fiscal year 2027 (effective October 1, 2026, unless HUD accepted a reevaluation request for the area).
Who rents, and what they pay
The Census Bureau's American Community Survey counted about 13,211 renter households in Orem (margin of error ±699), or 42.2% of occupied homes. That is the third-highest renter share of the 10 Utah County cities we cover.
Tenants reported a median gross rent of $1,438 a month (±$56), the second-lowest of those cities. Gross rent includes utilities the tenant pays and covers every renter household, including long-time tenants on older leases. Those older leases help explain why it runs below Zillow's asking-rent index here.
The survey's rental vacancy rate was 3.7%. And 36.4% of renters paid 35% or more of their household income on rent (±3.8 points).
Source: U.S. Census Bureau, American Community Survey 2020-2024 ACS 5-year estimates, table DP04 (Selected Housing Characteristics), by place. These are five-year averages with margins of error; small differences between cities may not be real. Checked 2026-11-01. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Apartment profiles in Orem
We have profiled 18 complexes in Orem from their own floor plans and policies. Our profiles do not list rents, which change weekly; ask each complex for a written quote with every fee.
Wolverine Crossing · Midtown 360 · Ventana · University Towers Apartments · Canyon View Crossing · Canyon View Apartments · Axis Luxury Living · Promenade Place · Summerwood · The Green on Campus Drive · University Gateway · Village on the Parkway · The Aston · The Devon at University Place · The Exton at University Place · ICO Monteval · Village Park · Cascade Ridge
Before you sign a lease in Orem
- Living in Orem: neighborhoods, schools and what the city is like
- Utah renters' rights · Avoiding rental scams
- Renters insurance · First-time renter's checklist
- Rent or buy? · Orem housing market data
Renting in other cities
Provo · Lehi · American Fork · Pleasant Grove · Springville · Spanish Fork · Saratoga Springs · Eagle Mountain · Vineyard
Zillow and HUD figures checked 2026-10-20; Census figures checked 2026-11-01. Nothing here is financial advice.