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Orem city, UT

ZIP 84058 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 84058

Median Home Value
$441,900
Median Rent
$1,244
Affordability Snapshot
$122,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,839/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

29.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 84058 in Orem city, UT, a household would need roughly $122,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,839. That is about 71% above the local median household income ($71,474), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
42.1%-36% vs US avg
x
Vacancy Rate
5.3%-49% vs US avg
x
Broadband Access
89.8%+3% vs US avg
x
4+ Bedrooms
18.0%+21% vs US avg
x
Built Pre-1939
1.5%-89% vs US avg
x
Built Post-2014
1.2%-82% vs US avg
x
Rent Burden >30%
17.4%-65% vs US avg
x
Mortgage-Free
33.6%-12% vs US avg
x
$441,900
Home Value
$1,244
Rent
1990
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached39.4%
  • 1-unit attached12.9%
  • 2-9 units19.8%
  • 10+ units25.8%
  • Mobile home & other2.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$441,900
Median rent$1,244
Owner-occupied42.1%
Vacant5.3%
Price-to-income6.2x
Est. income to buy$122,000