Orem, UT Real Estate
Orem is a city in Utah County, Utah with a population of about 97,048. The median home value is near $439,000, and median rent runs around $1,405/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$439,000
Median Rent
$1,405/mo
Population
97,048
Median Income
$81,292
Median Age
26.9
Homeownership
58.2%
Monthly payment on a median Orem home
Example for a $439,000 home: 20% down, 30-yr at ~6.75%, UT property tax ~0.47%, 0.4% insurance.
Est. monthly (PITI)
$2,596
Principal & interest
$2,278
Property tax / mo
$172
Down payment (20%)
$87,800
Orem at a glance
- 29.7% of residents 25+ hold a bachelor's degree or higher.
- 58.2% of occupied homes are owner-occupied.
- Median household income is $81,292.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
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