Housing & Real Estate — Orem, Utah

Overview

Total Housing Units32,027
Occupied30,612
Vacant1,415
Owner-Occupied17,807
Renter-Occupied12,805
Median Home Value (Census)$472,300
Estimated 2026~$560,000
Median Rent$1,405/mo
Median Property Tax$1,926/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityexpensive
Rent as % of Income20.2%
Severely Rent-Burdened36.4%

Housing Age

Built 2010 or later5,351
Built 2000-20094,018
Built 1990-19996,579
Built before 19603,108
Median Year Built1987
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.