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, Utah, is a vibrant city nestled in the heart of Utah County. As of the most recent estimates, the city boasts a population of approximately 97,000 residents. Situated about 45 miles south of Salt Lake City, Orem offers a strategic location for those wanting proximity to a major urban center while enjoying a more suburban lifestyle.
One of the key attractions in Orem is Brigham Young University (BYU), located in the neighboring city of Provo, just a short drive away. BYU is renowned for its academic programs and its impressive campus, which draws visitors from all over the country.
Orem is home to the scenic Mount Timpanogos, part of the Wasatch Range, offering exceptional hiking and outdoor activities. The Timpanogos Cave National Monument is another significant natural attraction, providing guided tours of its fascinating cave system.
For those interested in culture and entertainment, SCERA Center for the Arts is a go-to destination, offering a range of performances from musicals to local independent films. Additionally, University Place, a major shopping and entertainment complex, offers numerous dining, shopping, and family-friendly activities.
The city of Orem provides an appealing mix of natural beauty, educational opportunities, and cultural attractions, making it a fantastic location for short-term rentals. Its proximity to Salt Lake City, combined with its own unique local offerings, makes it an excellent choice for visitors looking for a balance of urban and suburban experiences.