Cheap Homes for Rent in Orem, UT from $300 (54 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1850 N 840 W

1850 N 840 W

ProvoUT84604

Orem, UT Local Guide

Cheapest Neighborhoods for Apartments in Orem, UT

Pricing Updated: 08/02/2025

Current apartment rentals in the Orem, UT area range in price from $365 to $18,000 with an overall median price of $6,261. The three Orem neighborhoods with the lowest median rent pricing are Geneva at $535, Suncrest at $400, and Sharon at $565. 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$1,684$53541
Suncrest$1,899$40058
Sharon$2,009$56569
Orchard South$2,049$40057
Aspen$3,025$1,025106
Orchard North$3,448$1,02539
Northridge$3,598$1,02543
Windsor North$3,610$1,02552
Windsor South$3,610$1,02549
Bonneville$4,060$1,02534

Cheapest Available Orem Apartments for Rent

 

The cheapest available apartment rental in Orem, UT is a 2 Beds unit found at Campus Edge in the University neighborhood priced from $390. Glenwood in the University neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $435. Here is today’s list of the most affordable Orem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Campus EdgeCE 2BD/1BA2BR,1BA$390
GlenwoodUpgraded w/ Pantry3BR,2BA$435
Summerwood2x12BR,2BA$660
The FreehandStandard StudioStudio,1BA$1,119
Cherry Hill Apartments1x1 Tower1BR,1BA$1,129
Promenade PlaceStudioStudio,1BA$1,165
The Aston at University PlaceThe AffinityStudio,1BA$1,189
Avalon Senior Living ApartmentsBalta1BR,1BA$1,195
Midtown 360StudioStudio,1BA$1,199
Palladium1x11BR,1BA$1,199

Best Value Apartments for Rent in Orem, UT

As of August 02, 2025 the best value apartment in the Orem area is the $0.35 price per square foot Private Penthouse Model at University Towers Apartments-Student in the in the Lake View North neighborhood starting from $625. The second greatest value Orem apartment is the 4x2 Model at Summerwood starting at $605 with a $0.34 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.
University Towers Apartments-StudentPrivate Penthouse6BR,3BA$0.35
Summerwood4x24BR,2BA$0.34
3627 N 400 W, Unit 13627 N 400 W3BR,1BA$1.00
1821 W 525 S, Unit Basement Apartment1821 W 525 S2BR,1BA$1.10
RaintreeRenovated 3x23BR,2BA$0.33
GlenwoodUpgraded w/ 2 Fridges3BR,2BA$0.39
University Gateway-Student ApartmentsPrivate4BR,2BA$0.45
Village Park2 Bedroom 2 Bath2BR,2BA$1.40
Midtown 360StudioStudio ,1BA$1.33
Wolverine Crossing2x2 Plus2BR,2BA$0.62

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

Frequently Asked Questions about Orem

What type of rentals are currently available in Orem?

There are currently 210 Apartments for Rent in Orem, UT with pricing that ranges from $400 to $18,000. There are also 175 Single Family Homes for rent, Condos, and Townhome rentals currently available in Orem ranging from $365 to $5,000.

What is the current price range for Rental Homes in Orem?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Orem ranges from $365 to $5,000 with an average monthly rent of $1,746.

How much are larger Three and Four Bedroom Rentals in Orem?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Orem range from $429 to $10,474, while Three Bedroom Homes, Condos, and Townhomes for rent range from $365 to $2,600. Four Bedroom Single-Family rentals are also available starting from $480 and Four Bedroom Apartments start at $400.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.