Orem, UT at a glance
Median household income
$83,342$6,945 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Orem, UT?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Orem, UT? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Provo-Orem-Lehi, UT MSA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,257 | $15,084 | $50,280 | 18.1% |
| 1-Bedroom Apartment | $1,265 | $15,180 | $50,600 | 18.2% |
| 2-Bedroom ApartmentBenchmark | $1,460 | $17,520 | $58,400 | 21% |
| 3-Bedroom Home | $2,031 | $24,372 | $81,240 | 29.2% |
| 4-Bedroom Home | $2,449 | $29,388 | $97,960 | 35.3% |
What a typical income covers in Orem, UT
The 50/30/20 rule applied to the local median of $83,342 a year ($6,945 a month before tax).
What $83,342 leaves after Utah taxes
Federal income tax, Social Security, Medicare and Utah tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Utah
Living in Orem, UT: common questions
What is the median household income in Orem, UT?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Orem, UT is $83,342 per year (approximately $6,945 per month).
What is the average rent in Orem, UT?
The closest official figure is HUD's Fair Market Rent for 2026: $1,257 for a studio, $1,265 for one bedroom, $1,460 for two, $2,031 for three and $2,449 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Orem, UT expensive to live in?
Prices there run 1.8% below the U.S. average. BEA's regional price parity for the metro area is 98.2, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Orem, UT?
To keep a $1,460 two-bedroom under 30% of gross income, a household needs about $58,400 a year, or $4,867 a month. That is 70% of what the typical household in Orem, UT earns.
How much do you need to live comfortably in Orem, UT?
On the local median income of $83,342 ($6,945 a month before tax), the 50/30/20 rule leaves $3,473 a month for needs like rent, utilities and groceries, $2,084 for everything else and $1,389 for savings or debt. A two-bedroom at $1,460 takes 42% of the needs share.
How much is the electric bill in Orem, UT?
Homes in Utah paid 13.4¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $120. Your bill depends mostly on heating and cooling.