salaryRent is lower than in 58% of U.S. cities. A typical house costs about 5.3 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $59,920 a year. That is $29 an hour at a full-time job.
Is rent cheaper than other Utah cities?
Yes. Rent here is cheaper than in most of Utah. It is number 21 of 97 cities from cheapest to most expensive.
How much do households earn in Orem?
Share of households by yearly income. 28.3% of households earn $100,000 or more.
Rent by apartment size in Orem
| Size | Orem | U.S. average |
|---|---|---|
| Studio | $1,341 | $1,338 |
| 1 bedroom | $1,428 | $1,324 |
| 2 bedrooms | $1,365 | $1,509 |
| 3 bedrooms | $1,902 | $1,698 |
| 4 bedrooms | $1,685 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Orem overall?
Everyday prices in the Provo-Orem-Lehi metro area are 2% below the U.S. average (index 98.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Orem
Life in Orem
What jobs pay in Orem
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $139,980 | 12.8% |
| Physician Assistant | $134,490 | 13.4% |
| Nurse Practitioner | $133,860 | 13.4% |
| Software Developer | $131,210 | 13.7% |
| Lawyer | $130,370 | 13.8% |
| Computer Systems Analyst | $98,970 | 18.2% |
| Operations Manager | $95,790 | 18.8% |
| Dental Hygienist | $92,000 | 19.5% |
| Civil Engineer | $84,180 | 21.4% |
| Registered Nurse | $81,780 | 22.0% |
| Police Officer | $76,290 | 23.6% |
| Accountant | $75,700 | 23.7% |
| Licensed Practical Nurse | $64,320 | 27.9% |
| Market Research Analyst | $62,960 | 28.6% |
| Elementary School Teacher | $62,930 | 28.6% |
| Electrician | $60,860 | 29.5% |
| Truck Driver | $59,820 | 30.1% |
| Plumber | $57,130 | 31.5% |
| Carpenter | $53,230 | 33.8% |
| HVAC Technician | $48,930 | 36.7% |
| Medical Assistant | $43,730 | 41.1% |
| Customer Service Representative | $39,560 | 45.4% |
| Nursing Assistant | $39,230 | 45.8% |
| Warehouse Worker | $37,600 | 47.8% |
| Firefighter | $37,110 | 48.4% |
| Restaurant Cook | $36,540 | 49.2% |
| Retail Salesperson | $33,120 | 54.3% |
| Cashier | $31,600 | 56.9% |
| Server (Waiter/Waitress) | $30,490 | 59.0% |
Is it cheaper to rent or buy in Orem?
Renting is cheaper right now: about $1,779 a month less.
Owning assumes a typical $472,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $47,230 for the down payment.
Frequently asked questions
What is the average rent in Orem, UT?
Renting in Orem costs a median of about $1,498 a month in 2026, including utilities. The Utah median is $1,832.
How much do I need to make to live in Orem?
To keep rent under 30% of income, you need about $59,920 a year, or $29 an hour at a full-time job.
Is Orem cheap or expensive?
Orem is rated Cheap: rent takes 20.0% of the typical household income of $89,884. It ranks 21st cheapest of 97 Utah cities we track.
How much are property taxes in Orem?
The median homeowner in Orem pays $1,926 a year in property taxes, about 0.41% of the median home value.
Is Orem more expensive than the national average?
Overall prices in the metro area are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Orem?
The median home value in Orem is $472,300, about 5.3 times the typical yearly household income.
97,182 people live in Orem. Numbers are typical (middle) values.