Housing & Real Estate — Orem, Utah
Overview
| Total Housing Units | 32,027 |
| Occupied | 30,612 |
| Vacant | 1,415 |
| Owner-Occupied | 17,807 |
| Renter-Occupied | 12,805 |
| 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 Ratio | N/Ax |
| Home Affordability | expensive |
| Rent as % of Income | 20.2% |
| Severely Rent-Burdened | 36.4% |
Housing Age
| Built 2010 or later | 5,351 |
| Built 2000-2009 | 4,018 |
| Built 1990-1999 | 6,579 |
| Built before 1960 | 3,108 |
| Median Year Built | 1987 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.