2026 Affordability Data
Most Affordable Neighborhoods in Orem - 2026 Data
The median home value in Orem is $392,900, 39% above nat'l avg. Median rent is $2,230/month. With an affordability index of 109, Orem is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Orem, UT area.
Key Takeaways: Affordability in Orem
- 1The most affordable neighborhood in Orem is Riverdale, with a median home value of $316,500.
- 2Orem's median home value is $392,900, 39% above nat'l avg (national: $281,900).
- 3Orem's affordability index is 109 (baseline 100), making it more affordable than the national average.
- 4Median rent in Orem is $2,230/month, 92% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Orem to find the most affordable areas based on home values, rent, and affordability index.
Orem Affordability Overview
Median Home Value
$392,900
39% above nat'l avg
Median Rent
$2,230/mo
92% above nat'l avg
Median Income
$77,568
4% above nat'l avg
Affordability Index
109
9% above nat'l avg
Most Affordable Neighborhoods in Orem (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | RiverdaleUT | $316,500 |
| 2 | Washington TerraceUT | $301,900 |
| 3 | SalemUT | $468,100 |
| 4 | West Valley CityUT | $333,600 |
| 5 | RivertonUT | $478,200 |
| 6 | South JordanUT | $559,500 |
| 7 | GrantsvilleUT | $377,000 |
| 8 | LehiUT | $500,100 |
| 9 | VineyardUT | $481,800 |
| 10 | LindonUT | $598,900 |
| 11 | TaylorsvilleUT | $358,900 |
| 12 | HerrimanUT | $486,200 |
| 13 | LoganUT | $290,800 |
| 14 | MapletonUT | $656,200 |
| 15 | DraperUT | $663,400 |
Detailed Neighborhood Profiles
Home Value: $316,500
Rent: $1,854/mo
Affordability: 125
Population: 9,313
Home Value: $301,900
Rent: $1,854/mo
Affordability: 125
Population: 9,220
Home Value: $468,100
Rent: $2,230/mo
Affordability: 109
Population: 9,467
4
Home Value: $333,600
Rent: $2,230/mo
Affordability: 109
Population: 138,868
5
Home Value: $478,200
Rent: $2,230/mo
Affordability: 109
Population: 44,864
6
Home Value: $559,500
Rent: $2,230/mo
Affordability: 109
Population: 78,118
7
Home Value: $377,000
Rent: $2,230/mo
Affordability: 109
Population: 12,939
8
Home Value: $500,100
Rent: $2,230/mo
Affordability: 109
Population: 77,110
9
Home Value: $481,800
Rent: $2,230/mo
Affordability: 109
Population: 12,663
10
Home Value: $598,900
Rent: $2,230/mo
Affordability: 109
Population: 11,478
11
Home Value: $358,900
Rent: $2,230/mo
Affordability: 109
Population: 59,729
12
Home Value: $486,200
Rent: $2,230/mo
Affordability: 109
Population: 55,301
13
Home Value: $290,800
Rent: $2,230/mo
Affordability: 109
Population: 53,246
14
Home Value: $656,200
Rent: $2,230/mo
Affordability: 109
Population: 11,756
15
Home Value: $663,400
Rent: $2,230/mo
Affordability: 109
Population: 50,635
Frequently Asked Questions About Affordability in Orem
What is the most affordable neighborhood in Orem, UT?▾
Based on 2026 data, Riverdale is the most affordable neighborhood in Orem with a median home value of $316,500. Kurby analyzed 15 neighborhoods in the Orem area to compile these rankings.
What is the median home price in Orem, UT?▾
The median home price in Orem is $392,900, which is 39% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Orem affordable compared to the national average?▾
Orem has an affordability index of 109, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Orem, UT?▾
The median monthly rent in Orem is $2,230. This is 92% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Orem?▾
The median household income in Orem is $77,568 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).