Orem, UT Rent History

102 months of data, 20182026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,520
1-year change
+6.4%
$92/mo
5-year change
+31.3%
$362/mo

Monthly rent trend

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Year-by-year rent in Orem

YearMedian rentYoY changevs 2018
2018$991/mo0.0%
2019$1,030/mo+3.9%+3.9%
2020$1,048/mo+1.7%+5.8%
2021$1,132/mo+8.0%+14.2%
2022$1,356/mo+19.8%+36.8%
2023$1,394/mo+2.8%+40.7%
2024$1,405/mo+0.8%+41.8%
2025$1,427/mo+1.6%+44.0%
2026$1,485/mo+4.1%+49.8%

Frequently asked questions

How much has rent in Orem changed since 2018?

Median rent in Orem, UT was $978 in 2018-01 and is $1,520 as of 2026-06 — a change of $542 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 +31.3% ($362 per month). The current median is $1,520.

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

Year over year, median rent in Orem, UT has increased +6.4% ($92/mo). Current median: $1,520.

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.