$550 Per Month
- 4 Beds
- 3.5 Baths
- 2,100 Sq Ft
- House for Rent
738 S 1840 W, Orem, UT 84059
Property Id: 2621443 Master bedroom: **rented: Basement bedroom: **rented Private bed/shared bath: $550/mo Deposit Amount Refundable: $375
Frequently Asked Questions
How much does it cost to rent a single-family home in Orem, UT?
The median rent for a single-family home in Orem, UT is $1,725 per month, though prices vary by neighborhood, size, and property type. As of September 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 $59,800 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 $1,495 per month in Orem, UT, renters typically need to show $4,485 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 27.9, 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 single-family 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 single-family home include Sharon, Sunset Heights, Cherry Hill, Hillcrest and Lakeview, each with its own character and price range.
