Cheap Apartments for Rent in the Lakeview Neighborhood of Orem, UT from $300 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Lakeview area of Orem.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
property at 718 W 1720 N

718 W 1720 N

ProvoUT84604

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
property at 1850 N 840 W

1850 N 840 W

ProvoUT84604

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
Showing Results 1-23, Page 1 of 1

Lakeview, Orem, UT Local Guide

Cheapest Available Lakeview Apartments for Rent

 

The cheapest available apartment rental in the Lakeview area of Orem, UT is a 1 Bed unit found at Cherry Hill Apartments priced from $999. The Freehand has the second lowest priced unit, which is a Studio apartment currently listed from $1,114. Here are the most affordable Lakeview apartments for rent in Orem, UT:

Apartment ListingModel NameBed/BathPriced From
Cherry Hill Apartments1x1 Vintage1BR,1BA$999
The FreehandStandard StudioStudio,1BA$1,114
Promenade PlaceStudioStudio,1BA$1,165
The Devon at University PlaceThe Bay - STStudio,1BA$1,199
Timpanogos Towers1x11BR,1BA$1,199

Best Value Apartments for Rent in Lakeview, UT

As of May 11, 2025 the best value apartment in the Lakeview area is the $1.47 price per square foot Reef Model at Towns at Rivers Edge in the in the University neighborhood starting from $2,549. The second greatest value Lakeview apartment is the Three Bed Two Bath Model at Midtown 360 starting at $1,899 with a $1.18 price per square foot in the Riverside neighborhood. Here is today’s list of the best values for Lakeview apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Towns at Rivers EdgeReef3BR,3BA$1.47
Midtown 360Three Bed Two Bath3BR,2BA$1.18
724 W 1720 N, Unit 228724 W 1720 N4BR,4BA$0.29
University Gateway-Student ApartmentsPrivate4BR,2BA$0.45
Concord at GenevaBarbaroux Premier2BR,2BA$1.65
1889 S Columbia Ln1889 S Columbia Ln2BR,1BA$1.40
Country SpringsHeather2BR,2BA$1.37
Canyon View Crossing1x11BR,1BA$1.68
Timpanogos Towers1x11BR,1BA$1.72
Cherry Hill Apartments1x1 Vintage1BR,1BA$1.72

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lakeview, Orem, UT

Ranked #9

Among neighborhoods in Orem, UT for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Lakeview, Orem, UT

School data provided by Great Schools

Getting Around the Lakeview Neighborhood in Orem, UT

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakeview Apartments

What is a cheap apartment in Lakeview?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakeview is under $1,288.

What is the price of a cheap apartment in Lakeview?

The cheapest apartment in Lakeview is Cherry Hill Apartments which is listed at $999, while the average apartment in Lakeview costs $2,700.

What types of apartments are the cheapest in Lakeview?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 28 regular apartments in Lakeview that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lakeview?

Cheap apartments in Lakeview have an average cost of $387 which is $2,313 cheaper than the average rent for all rentals in Lakeview.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.