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Learn about the people, housing, costs and businesses in Orem, Utah
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Orem.
True all-in cost — P&I, taxes, insurance & utilities for homes in Orem.
Find and compare lenders active near Orem.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Orem.
Seismic risk and earthquake insurance estimates for Orem.
Wildfire exposure and insurance estimates for Orem.
As of today, the 30-year fixed mortgage rate for Orem is approximately 6.851% (6.886% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for OremThe median home value in Orem is $488k. The median monthly rent is $1,628. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Orem have increased 9.9% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,462/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Orem is $90k/year.
Calculate your buying powerThe largest employment sectors in Orem are public administration (27%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.