Cheap Apartments for Rent in Orem, UT from $300 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 669 1600 S

$1,000 - $1,200

1 To 2 Bedroom Rentals

Available Now

669 1600 S

OremUT84097
close
View Me
Orem Heights
2 Bedroom Apartments

Orem Heights

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

Sun Canyon Villas

453 S State StOrem, UT 84058
  • Utilities Included

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.

close
View Me
Cita
2 Bedroom Apartments

Cita

483 N 100 EOrem, UT 84057
  • Utilities Included
close
View Me
Italian Villages
1 to 4 Bedroom Apartments

Italian Villages

980 W 960 NOrem, UT 84057
  • Utilities Included
  • Smoke Free

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.

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.

Orem, UT Local Guide

Cheapest Neighborhoods for Apartments in Orem, UT

Pricing Updated: 03/14/2026

Current apartment rentals in the Orem, UT area range in price from $365 to $15,017 with an overall median price of $6,223. The three Orem neighborhoods with the lowest median rent pricing are Geneva at $550, Bonneville at $1,050, and Suncrest at $550. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Orem Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Geneva$1,699$55065
Bonneville$1,711$1,05056
Suncrest$1,725$55097
Aspen$2,625$1,050239
Sharon$2,975$57993
Northridge$3,515$1,14659
Orchard North$3,595$1,15958
Orchard South$3,595$1,13989
Windsor North$3,595$1,14666
Windsor South$3,595$1,14666

Cheapest Available Orem Apartments for Rent

 

The cheapest available apartment rental in Orem, UT is a Studio unit found at The Devon at University Place in the Lake View North neighborhood priced from $1,139. Palladium in the University neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,140. Here is today’s list of the most affordable Orem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Devon at University PlaceAberdeen STStudio,1BA$1,139
Palladium1x11BR,1BA$1,140
Mill PointBaltic1BR,1BA$1,149
Mountain Run Apartment HomesJuniper2BR,1BA$1,164
CambridgeKeystone1BR,1BA$1,164

Best Value Apartments for Rent in Orem, UT

As of March 14, 2026 the best value apartment in the Orem area is the $0.92 price per square foot 3627 N 400 W Model at 3627 N 400 W, Unit 1 in the in the Lake View North neighborhood starting from $1,650. 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.
3627 N 400 W, Unit 13627 N 400 W2BR,1BA$0.92
Promenade Place - Student Living4x44BR,4BA$0.47
Stadium 150 - Student Housing3x23BR,2BA$0.45
Village Park2 Bedroom 2 Bath2BR,2BA$1.36
Country SpringsHeather2BR,2BA$1.40
1766 N 550 W, Unit 17661766 N 550 W2BR,2BA$1.26
143 E 1100 S, Unit 147 E 1100 S143 E 1100 S2BR,1BA$1.21
Midtown 360StudioStudio ,1BA$1.33
The Vine in Vineyard1 Bed/1 Bath1BR,1BA$1.47
Mill PointBaltic1BR,1BA$1.47

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Orem, UT Rentals by Map

View Map
Orem, UT Apartments Map
View Map
Orem, UT Rental Homes Map

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 $1,199.

What is the price of a cheap apartment in Orem?

The cheapest apartment in Orem is Palladium which is listed at $1,140, while the average apartment in Orem costs $6,223.

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 110 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 $309 which is $5,914 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

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.