Cheap Apartments for Rent in Orem, UT from $300 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in Orem.

property at 1442 S 430 W

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

1 To 3 Bedroom Condos for Rent

Available May 1

1442 S 430 W

OremUT84058
property at 681 S 1803 W

$559 - $599

Total Monthly Price

Total Monthly Price

Base Rent
$559 - $599
Total Monthly Price
$559 - $599

1 To 4 Bedroom Townhomes for Rent

Available May 1

681 S 1803 W

OremUT84059
property at 930 N 980 W

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

4 Bedroom, 3.5 Bath Townhome for Rent

Available May 1

930 N 980 W

OremUT84057

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Orem Heights
2 Bedroom Apartments

Orem Heights

657-689 N 100 WOrem, UT 84057
  • Utilities Included
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Sun Canyon Villas
1 to 2 Bedroom Apartments

Sun Canyon Villas

453 S State StOrem, UT 84058
  • Utilities Included
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Italian Villages
1 to 4 Bedroom Apartments

Italian Villages

980 W 960 NOrem, UT 84057
  • Utilities Included
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 334 W 200 N

$1,065 - $1,165

Studio To 1 Bedroom Rentals

Available Now

334 W 200 N

ProvoUT84601

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Orem, UT Local Guide

Cheapest Neighborhoods for Apartments in Orem, UT

Pricing Updated: 04/28/2026

Current apartment rentals in the Orem, UT area range in price from $365 to $19,619 with an overall median price of $7,780. The three Orem neighborhoods with the lowest median rent pricing are Aspen at $1,050, Bonneville at $1,050, and Geneva at $499. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Orem Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Aspen$2,800$1,050210
Bonneville$2,800$1,05052
Geneva$2,800$49958
Suncrest$2,800$49975
Sharon$3,012$62982
Windsor South$3,223$1,05064
Orchard North$3,549$1,12052
Orchard South$3,549$1,12069
Windsor North$3,549$1,12061
Northridge$3,775$1,12054

Cheapest Available Orem Apartments for Rent

 

The cheapest available apartment rental in Orem, UT is a Studio unit found at The Exton at University Place in the Carterville neighborhood priced from $1,079. Palladium in the University neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here is today’s list of the most affordable Orem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Exton at University PlaceThe Authentic- STStudio,1BA$1,079
Palladium1x11BR,1BA$1,099
The Flats at RiverwoodsEscalanteStudio,1BA$1,120
The Devon at University PlaceThe Bay - STStudio,1BA$1,129
Mountain Run Apartment HomesJuniper2BR,1BA$1,164
Midtown 360StudioStudio,1BA$1,199
Cortland RidgeJonathan1BR,1BA$1,200
The BoulevardLombard1BR,1BA$1,239
CambridgeKeystone1BR,1BA$1,240
Mill PointBaltic1BR,1BA$1,250

Best Value Apartments for Rent in Orem, UT

As of April 28, 2026 the best value apartment in the Orem area is the $1.44 price per square foot The Aim Model at The Aston at University Place in the in the Lake View North neighborhood starting from $1,879. The second greatest value Orem apartment is the 4x4 Model at Promenade Place - Student Living starting at $605 with a $0.47 price per square foot in the Lake View North neighborhood. Here is today’s list of the best values for Orem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Aston at University PlaceThe Aim3BR,2BA$1.44
Promenade Place - Student Living4x44BR,4BA$0.47
2687 W 220 N, Unit Basement Apartment2687 W 220 N2BR,1BA$1.50
Stadium1502x12BR,1BA$0.54
Village Park2 Bedroom 2 Bath2BR,2BA$1.35
The Alloy at GenevaQuartz2BR,2BA$1.55
OakhurstThe Willow2BR,2BA$1.56
Midtown 360StudioStudio ,1BA$1.33
Avalon Senior Living ApartmentsCapri2BR,1BA$1.59
The BoulevardLombard1BR,1BA$1.56

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Cheap Orem Apartments

What is a cheap apartment in Orem?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Orem is under $1,250.

What is the price of a cheap apartment in Orem?

The cheapest apartment in Orem is Palladium which is listed at $1,099, while the average apartment in Orem costs $7,780.

What types of apartments are the cheapest in Orem?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 170 regular apartments in Orem that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Orem?

Cheap apartments in Orem have an average cost of $289 which is $7,491 cheaper than the average rent for all rentals in Orem.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.