YieldBadger

Rent in Orem, UT

Across Orem's 3 ZIP codes, a 2-bedroom typically rents for about $1,296 a month, with figures from $1,258–$1,363. The highest typical rent is in 84097 ($1,349) and the lowest in 84057 ($1,258). Owner-occupied homes in Utah County pay about 0.44% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Orem, UT by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,186$1,152–$1,2233
1 bed$1,505$1,157–$1,5623
2 beds$1,296$1,258–$1,3633
3 beds$1,799$1,702–$2,0143
4 beds$1,722$1,499–$2,2783

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Orem ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Orem, UT?
About $1,296 a month: the median of the typical rents in 3 ZIP codes, which range from $1,258–$1,363. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Orem, UT?
About $1,505 a month: the median of the typical rents in 3 ZIP codes, which range from $1,157–$1,562. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Orem, UT?
About $1,799 a month: the median of the typical rents in 3 ZIP codes, which range from $1,702–$2,014. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Orem, UT?
About $1,186 a month: the median of the typical rents in 3 ZIP codes, which range from $1,152–$1,223. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Orem, UT?
About $1,722 a month: the median of the typical rents in 3 ZIP codes, which range from $1,499–$2,278. Figures are gross rent (rent plus tenant-paid utilities).
Which Orem ZIP code has the highest rent?
For a 2-bedroom, 84097 has the highest typical rent at $1,349 a month, and 84057 the lowest at $1,258.
What is the property tax rate in Orem, UT?
Owner-occupied homes in Utah County pay a typical 0.44% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Orem rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).