Cheap Apartments for Rent in the Lakeview Neighborhood of Orem, UT from $300 (22 Rentals)

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

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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property at 718 W 1720 N

718 W 1720 N

ProvoUT84604

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 1850 N 840 W

1850 N 840 W

ProvoUT84604

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 1-22, Page 1 of 1

Lakeview, Orem, UT Local Guide

Cheapest Available Lakeview Apartments for Rent

 

The cheapest available apartment rental in the Lakeview area of Orem, UT is a 1 Bed unit found at Cherry Hill Apartments priced from $999. The Devon at University Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,159. Here are the most affordable Lakeview apartments for rent in Orem, UT:

Apartment ListingModel NameBed/BathPriced From
Cherry Hill Apartments1x1 Vintage1BR,1BA$999
The Devon at University PlaceThe Cape - STStudio,1BA$1,159
Promenade PlaceStudioStudio,1BA$1,165
The Aston at University PlaceReliance1BR,1BA$1,209
The Exton at University PlaceThe Authentic- STStudio,1BA$1,259

Best Value Apartments for Rent in Lakeview, UT

As of June 06, 2025 the best value apartment in the Lakeview area is the $0.35 price per square foot Private Penthouse Model at University Towers Apartments-Student in the in the Sharon neighborhood starting from $625. The second greatest value Lakeview apartment is the 724 W 1720 N Model at 724 W 1720 N, Unit 228 starting at $395 with a $0.29 price per square foot in the Carterville neighborhood. Here is today’s list of the best values for Lakeview apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Towers Apartments-StudentPrivate Penthouse6BR,3BA$0.35
724 W 1720 N, Unit 228724 W 1720 N4BR,4BA$0.29
1175 W 1200 N1175 W 1200 N2BR,1BA$1.28
University Gateway-Student ApartmentsPrivate4BR,2BA$0.45
1110 S Graff Cir, Unit 11121110 S Graff Cir3BR,1BA$1.55
Country SpringsHeather2BR,2BA$1.47
OakhurstThe Willow2BR,2BA$1.64
Parkway LoftsArroyo (g)1BR,1BA$1.65
1547 S 320 E, Unit 15471547 S 320 E2BR,1BA$1.48
Canyon View ApartmentsSpruce Tree1BR,1BA$1.64

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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Pet Friendly Lifestyle
Lakeview, Orem, UT

Ranked #10

Among neighborhoods in Orem, UT for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lakeview, Orem, UT

School data provided by Great Schools

Getting Around the Lakeview Neighborhood in Orem, UT

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

42 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakeview Apartments

What is a cheap apartment in Lakeview?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakeview is under $1,280.

What is the price of a cheap apartment in Lakeview?

The cheapest apartment in Lakeview is Cherry Hill Apartments which is listed at $999, while the average apartment in Lakeview costs $2,825.

What types of apartments are the cheapest in Lakeview?

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 28 regular apartments in Lakeview 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 Lakeview?

Cheap apartments in Lakeview have an average cost of $331 which is $2,494 cheaper than the average rent for all rentals in Lakeview.

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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.