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Studio Apartments for Rent in Orem, UT

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  • /55

    Starting at $1,454 Per Month

    • Studio - 3 Beds

    2300 N University Pkwy, Provo, UT 84604

    This is it! The most sought-after new address in the Utah Valley. Towns at River's Edge is an original, urban-inspired luxury town home community located on the Provo River. This community was designed for those who thrive on the excitement of urban living within a natural setting.Surrounded by entertainment, first class dining, shopping, and proximity to the mountains, Towns at River's Edge is a

    Lofts at Rivers Edge

    2300 N University Pkwy, Provo, UT 84604
  • /50

    Starting at $1,349 Per Month

    • Studio - 3 Beds

    1225 W 1000 S, Orem, UT 84058

    Your new home awaits at Orem, Utah's Parkway Lofts. Conveniently located right by Utah Valley University, our apartment community offers the ultimate luxurious retreat.Our modern interiors provide designer details to elevate the everyday, such as fully equipped gourmet kitchens, and full-sized washers and dryers. The curated experience extends throughout our entire community, featuring

    Parkway Lofts

    1225 W 1000 S, Orem, UT 84058
  • /60

    Starting at $1,378

    Total Monthly Price

    • 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
  • /35

    Starting at $1,229 Per Month

    • Studio - 3 Beds

    360 S State St, Orem, UT 84058

    Now offering 6 weeks FREE RENT on 2-bedroom apartments! We are also offering 1 month FREE on 3-5 bedrooms! 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

    Midtown 360

    360 S State St, Orem, UT 84058
  • /2

    $200 Per Month

    • Studio
    • 1 Bath
    • House for Rent

    238 S 300 E, Orem, UT 84058

    Property Id: 2774732 Basement Studio Available in exchange for Senior care assistance. (Housing in Exchange for Companionship & Assistance) The Studio in the basement has never been lived in, and is completely new, has it's own appliances as well. Washer and dryer are shared with the senior. A senior (80+) in Utah County is offering a private basement studio in exchange for

    238 S 300 E, Orem, UT 84058
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    $795 Per Month

    • Studio
    • 1 Bath
    • 200 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 August 2026, townhouses tend to be the most affordable option while condos 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 29.2, 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.

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,450
Median Single Family Home Rent
$1,925
Median Townhouse Rent
$1,285
Median Condo Rent
$1,350
How to Rent a Home