15

Studio Apartments for Rent in Orem, UT

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    Starting at $1,249 Per Month

    • Studio - 3 Beds

    845 S 750 E, Orem, UT 84097

    Lease Today!Experience luxury living at The Devon at University Place – Orem's premier pet-friendly community! Conveniently located near Costco, Cinemark Theaters, and University Place Mall, our Phase II expansion offers modern comforts and unbeatable convenience.Each apartment boasts a full-size washer/dryer, smart home features, and spacious floorplans. Plus, enjoy resort-style

    The Devon at University Place

    845 S 750 E, Orem, UT 84097
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    Starting at $1,199 Per Month

    • Studio - 5 Beds

    360 S State St, Orem, UT 84058

    Now offering 6 weeks FREE RENT on all apartments! Take advantage of this offer while you can!!Midtown 360 delivers a unique, contemporary collection of apartment homes for lease in the heart of Orem. Located in a convenient central location, Midtown 360 combines luxury and style with great dining and shopping selections right at your fingertips. Our distinctive apartment homes offer great

    Midtown 360

    360 S State St, Orem, UT 84058
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    $900 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Condo for Rent

    836 E 400 N Unit B, Orem, UT 84097

    Property Id: 26248871 Furnished studio with washer dryer garage storage and shared yard available August Unit is small looking for a single individual. Utilities $100Lease: 6 - 12 Months, Month-to-Month available after lease termsDeposit Details: Looking for a single individual, unit has a garage for storage. Unit is furnishedDeposit Amount

    836 E 400 N Unit B, Orem, UT 84097
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    $1,159

    Total Monthly Price

    • Studio
    • 1 Bath
    • 450 Sq Ft
    • Condo for Rent

    1001 S Campus Dr Unit Studio Apartment at The Green, Orem, UT 84058

    Studio apartment, with queen bed, shower and tub, and basic furnishings- wardrobe, coffee table, 54" smart television, drawers, and desk. Unit includes appliances such as a dishwasher, microwave, refrigerator, electric oven and stove, plentiful cabinet space, and combo washer/dryer. Utilities (water, power, etc.) included in rent. Full control over unit HVAC via thermostat. Mailbox and key

    1001 S Campus Dr Unit Studio Apartment at The Green, Orem, UT 84058
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    $850 Per Month

    • Studio
    • 1 Bath
    • 350 Sq Ft
    • Condo for Rent

    1675 S State St, Orem, UT 84097

    Additional fees:*$75.00 monthly utility fee for gas, garbage, water, and sewer.*$10.00 monthly parking fee. *$20.00 monthly property tax.*$250 Lease Initiation Fee (part of the Security Deposit)*Renters Insurance is required upon move in* Tenant has electricity in their own name. * Looking for immediate renters* We do not accept Rentler applicationNo Smoking,

    1675 S State St, Orem, UT 84097

Why Live in Orem

Nestled at the base of Mount Timpanogos, Orem combines stunning natural attractions with cultural amenities. The SCERA Center for the Arts hosts year-round performances, while University Place mall features seasonal events and diverse shopping. Outdoor recreation spans from Utah Lake State Park's boating and paddleboarding to hiking trails in Provo Canyon leading to Bridal Veil Falls. The dining scene reflects global influences, from Bangkok Wasabi's Thai-Japanese fusion to authentic Brazilian dishes at Pitada Brazil.

The Orem housing market features diverse options across distinct neighborhoods. Single-family homes in Cascade have a median price of $653,500, while similar homes in Sharon have a median price of $468,000. The citywide median sale price stands at $490,000, with townhomes at $470,000 and two-bedroom condos at $285,000. Property taxes in Utah County maintain a 0.46% effective rate, complemented by a 4.55% state income tax and 7.32% combined sales tax rate.

Living costs in Orem run 0.9% above the national average. A family with school-age children needs $106,000 annually to live comfortably, while renters require $56,000. Monthly grocery costs average $1,500 for families and $700 for renters. The public school system includes highly rated institutions like Orem Elementary School and Timpanogos High School. Utah Valley University adds educational opportunities and sporting events at the UCCU Center. Commuters benefit from UTA bus service and FrontRunner rail connections to Salt Lake City, 45 minutes north. The climate features warm summers ranging from 75 to 95°F and winters between 20 to 40°F, with 47 inches of annual snowfall.

Frequently Asked Questions

How much does it cost to rent a home in Orem, UT?
The median rent for a home in Orem, UT is $1,450 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Orem, UT?
To comfortably afford the median rent in Orem, UT, a household needs to earn roughly $58,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,450 per month in Orem, UT, renters typically need to show $4,350 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Orem, UT?
In Orem, UT, the price-to-rent ratio is 28.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Orem, UT are best for renting a home?
The best neighborhood for renting in Orem, UT depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Provo, Rivergrove and Joaquin, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,450
Median Single Family Home Rent
$1,800
Median Townhouse Rent
$1,413
Median Condo Rent
$1,395
How to Rent a Home