Orem, UT Rent History

105 months of data, 2018–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$1,512
1-year change
+2.3%
$34/mo
5-year change
+16.8%
$218/mo

Monthly rent trend

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Year-by-year rent in Orem

YearMedian rentYoY changevs 2018
2018$1,016/mo—0.0%
2019$1,057/mo+4.0%+4.0%
2020$1,073/mo+1.5%+5.6%
2021$1,160/mo+8.1%+14.2%
2022$1,392/mo+20.0%+37.0%
2023$1,431/mo+2.8%+40.8%
2024$1,441/mo+0.7%+41.8%
2025$1,453/mo+0.8%+43.0%
2026$1,513/mo+4.1%+48.9%

Frequently asked questions

How much has rent in Orem changed since 2018?

Median rent in Orem, UT was $997 in 2018-01 and is $1,512 as of 2026-09 — a change of $515 per month over 8 years.

How much has Orem rent increased in the last 5 years?

Over the past 5 years, median rent in Orem, UT has changed +16.8% ($218 per month). The current median is $1,512.

Is rent in Orem going up or down year over year?

Year over year, median rent in Orem, UT has increased +2.3% ($34/mo). Current median: $1,512.

See full rent data for Orem, UT →
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.