Property Prices in Orem, UT, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 4.50 |
| Mortgage as Percentage of Income: | 38.10% |
| Loan Affordability Index: | 2.62 |
| Price to Rent Ratio - City Centre: | 8.04 |
| Price to Rent Ratio - Outside of Centre: | 14.01 |
| Gross Rental Yield (City Centre): | 12.44% |
| Gross Rental Yield (Outside of Centre): | 7.14% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,783.33 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,292.67 $ | |
| Apartment (3 bedrooms) in City Centre | 3,366.67 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,732.33 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 297.00 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 325.00 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,716.00 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.80 |
These data are based on 26 entries in the past 18 months from 6 different contributors.
Last update: April 2023
Sources and References
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Nearby cities:| Property Prices in Mapleton, Utah | 17.64 miles |
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| Property Prices in Tooele, Utah | 71.42 miles |
| Property Prices in Ogden, Utah | 75.68 miles |
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