Orem North renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Orem North is about $1,297 per month. This puts it in the 64th percentile compared to the city average cost of rent, which is $1,294. Households in Orem North have a median income of $5,746 per month so the average renter in Orem North is spending roughly 23% of their earnings on housing.
Nationally, and in Orem North, home values are the data point most closely correlated with the cost of rent. The median price of a home in Orem North is $311,578 right now, which is higher than nearby neighborhoods, meaning that rents in Orem North also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the southwestern parts of Orem North while lower rent rates are often available in southeastern areas.
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