Median Home Price
$534,713.76
Median RentBETTER
$1,797.85/mo
Price-to-Rent Ratio
24.8
Property Tax RateTIE
0.63%
Price Change (1Y)BETTER
+2.7%
Price Change (5Y)BETTER
+13.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceTIE
$330,848
Median Home PriceBETTER
$522,143.46
Median Rent
$1,890.42/mo
Price-to-Rent RatioBETTER
23.0
Property Tax RateTIE
0.63%
Price Change (1Y)
-0.1%
Price Change (5Y)
-0.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceTIE
$331,928
Key Differences
Home Prices
Orem's median home price of $534,713.76 is higher than St. George's $522,143.46 by 2%.
Monthly Rent
Renting in Orem costs $1,797.85/mo compared to $1,890.42/mo in St. George—a difference of $92.57/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.