Performance indicators for the Orem short-term rental market based on reliable data.
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The highest-performing listings in Orem.
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Unfriendly to Investors
Orem's explicit ban on all short-term rentals in residential zones since 2002, coupled with active enforcement risking immediate legal action and shutdowns, creates a prohibitive environment. Though future regulations are debated, the current complete prohibition and high enforcement risk deter investment.
Local STR Agent
STR specialist · Orem, UT
Orem is a thriving city in Utah County, situated in the north-central part of Utah along the western base of the Wasatch Mountains and the eastern shore of Utah Lake. Home to roughly 95,000 residents, it carries the well-known nickname "Family City USA" and serves as a key piece of the Provo–Orem metropolitan area, a region that also includes nearby Provo to the south and Lehi to the north. The city has a clean, suburban feel, with tree-lined neighborhoods, a strong sense of community, and an economy that blends higher education, light manufacturing, and a steady stream of visitors drawn to the surrounding outdoor landscapes. It is approximately 45 miles south of Salt Lake City, making it a convenient stop along the busy I-15 corridor and a natural gateway to both the high Uinta-Wasatch-Cache National Forest and the lake country of central Utah.
Just minutes from the heart of Orem, Utah Lake dominates the western edge of the city and offers more than 150 square miles of freshwater for boating, kayaking, sailing, paddleboarding, and shoreline fishing. Visitors can launch at the city marina, stroll the paved Provo River Parkway that hugs the shoreline, or simply watch pelicans and herons at the wetlands. The proximity of such a large body of water to a developed urban area is one of Orem's defining features and a major draw for summer travelers.
To the east, the rugged slopes of Mount Timpanogos rise dramatically above the valley, with the popular Timpanogos Trail drawing hikers who want to summit the 11,750-foot peak. The mountain also shelters Timpanogos Cave National Monument, a system of three connected caverns reached by a steep, scenic hike from the American Fork Canyon side. Guided tours run from spring through fall and are a favorite half-day outing for families staying in the Orem area.
A short drive north in Lehi, Thanksgiving Point spans 55 acres of gardens, museums, and family attractions, including the Ashton Gardens, the Museum of Ancient Life with its large dinosaur exhibits, and the Museum of Natural Curiosity. It functions almost like a small theme park of science and nature, and its variety makes it a reliable rainy-day option or a full-day destination for travelers with children.
Orem works well as a short-term-rental base because it pairs small-city convenience with quick access to two very different playgrounds: the calm waters of Utah Lake and the alpine terrain of the Wasatch. Guests get walkable dining and shopping, proximity to universities and events in Provo, and a comfortable launching point for day trips to Salt Lake City, Park City, or the red rock country further south. The mix of family-friendly amenities, outdoor recreation, and central Wasatch Front location gives the city a year-round appeal that is hard to match elsewhere in the region.