242 E 500 N, Orem, UT 84057
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OFF MARKET

242 E 500 N
Orem, UT 84057

Sharon Park
  • 2 Beds
  • 1 Bath
  • 1,200 sqft
2 Beds
1 Bath
1,200 sqft

Home Value

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Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
982 W 960 N #101, Orem, UT
1.69
Apartment
-
09/05/25
3
1
1,449
1336 N 1230 W, Orem, UT
2.15
Apartment
-
01/23/26
3
2
1,065
1445 S 640 E, Orem, UT
2.52
Apartment
-
10/31/25
2
1
1,024
1700 S Sandhill Rd #303, Orem, UT
2.93
Apartment
-
10/15/25
2
1
905
746 N 260 W #MM102, Vineyard, UT
3.73
Apartment
-
12/19/25
3
2
1,272
75 E 200 N #106, Provo, UT
5.09
Apartment
-
01/21/26
2
2
1,200
136 E 400 N #107, Provo, UT
5.00
Apartment
-
01/14/26
2
2
803
169 S Pleasant Grove Blvd, Pleasant Grove, UT
5.10
Apartment
-
02/20/26
3
2
1,274
437 N Belmont Pl #360, Provo, UT
5.40
Apartment
-
09/26/25
3
2
1,205
25 S 850 E #6, Provo, UT
5.60
Apartment
-
07/23/26
2
2
1,250
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
305 Elmwood Dr, Orem, UT 84057
0.10
-
4
2
2,212
Recently Sold
171 E 500 N, Orem, UT 84057
0.09
$635,000
6
3.5
2,900
For Sale
512 N 100 E, Orem, UT 84057
0.16
$719,900
6
2
2,779
For Sale
448 N 100 E, Orem, UT 84057
0.18
$439,999
5
3.5
2,232
For Sale
319 N 330 E, Orem, UT 84057
0.25
-
4
3
3,551
Recently Sold
506 N 450 E, Orem, UT 84097
0.27
-
-
-
-
Off Market
E 450 N, Orem, UT 84058
0.28
-
-
-
14,520
Off Market
505 N 500 E, Orem, UT 84097
0.32
-
5
3
2,430
Recently Sold
425 N Main St, Orem, UT 84057
0.33
$459,900
3
2
1,554
For Sale
26 W 450 N, Orem, UT 84057
0.33
$550,000
4
2
1,881
For Sale
789 N 200 E #787, Orem, UT 84057
0.36
$585,000
6
4
2,891
For Sale
728 N 400 E, Orem, UT 84097
0.37
$339,000
3
1.5
1,220
For Sale

Local Information

  • Map ViewExplore the area around 242 E 500 N.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Living Area
1,200 sqft

About this House

Private 2 bed/1 bath renewly remodeled Apartment! This is one side of a duplex. Large fenced backyard. This place has it all! CENTRAL LOCATION, kitchen, living room, new carpet and paint and lots of storage space. Washer and dryer in unit! New furnace.
Great location near parks, schools, the public library, and four different grocery stores. Summerfest fireworks are visible from the roof. Friendly neighborhood. Easy access to State Street and I-15. Minimum 1 year lease to start but optional to renew afterwards. The other tenants were there for 10+ years! No Pets or smoking.

Apartamento privado de 2 recamaras y 1 bano recientemente remodelado! Cuenta con un gran patio trasero cercado. Este lugar lo tiene todo! UBICACION CENTRICA, cocina, sala, alfombra y pintura nuevas, y mucho espacio de almacenamiento. Lavadora y secadora incluidas en la unidad! Calefaccion (furnace) nueva.

Excelente ubicacion cerca de parques, escuelas, la biblioteca publica y cuatro supermercados diferentes. Los fuegos artificiales de Summerfest se pueden ver desde el techo. Vecindario amigable. Facil acceso a State Street y la I-15. Contrato minimo de 1 ano para empezar, con opcion a renovar despues. Los inquilinos anteriores vivieron aqui por mas de 10 anos! No se admiten mascotas ni fumadores.

Call or text Catherine for a walkthrough. Hablo espanol.

Tenant pays for all utilities. No pets allowed. Must pass background and credit check during application process. Tenants are required to provide renter's insurance before start of lease and keep it during the lease term.
242 E 500 N, Orem, UT 84057 is a 2 bedroom, 1 bathroom, 1,200 sqft apartment in Sharon Park. More recently, it was listed as a rental in May 2026 with an asking price of $1,500 per month. That rental listing was removed on June 23, 2026. It is currently off market. The Trulia Estimate rent is $1,304/month.

Home Details for 242 E 500 N

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Carpet, Tile

Price and Tax history

DateEventPrice
Jun 23, 2026
Source: Zillow Rentals
ListingRemoved
$1,500
May 26, 2026
Source: Zillow Rentals
Listed For Rent
$1,500
Mar 16, 2026
Source: Zillow Rentals
ListingRemoved
$1,499
Mar 6, 2026
Source: Zillow Rentals
Listed For Rent
$1,499
Nov 17, 2022
Source: Zillow Rental Manager
ListingRemoved

Market trends in Orem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$507K
$4.71KMoM
Sale-to-List Price
99.4%
0.1%MoM
Price per sq ft
$240
$1MoM
Available listings
233
6MoM
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Around this home

Neighborhood Overview

Sharon Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Sharon Park

At least 21 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 85 % Say it's walkable to grocery stores

  • 81 % Say streets are well-lit

  • 80 % Say car is needed

  • 76 % Say parking is easy

  • 72 % Say there's holiday spirit

  • 69 % Say it's dog friendly

  • 68 % Say kids play outside

  • 60 % Say it's walkable to restaurants

  • 60 % Say yards are well-kept

  • 60 % Say people would walk alone at night

  • 55 % Say there are community events

  • 47 % Say it's quiet

  • 46 % Say neighbors are friendly

  • 33 % Say they plan to stay for at least 5 years

  • 13 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Jennifer L. L.
    "It’s a family filled community. Such a safe community and you always feel like home. I would love to live here more then 5 years."
    2
    Flag
  • Lauren J.
    "Very safe quiet area of this part of Orem. Management says that we live on an island. Great parks, restaurants, libraries, etc in the area. Many kids to play with. Not too far from the mall, freeway, and UVU. "
    0
    Flag
  • Tyler a. L. F.
    "we love it here and have lived here for a few years and never want to leave! safe, friendly neighborhoods, affordable living, great church and wards, all ages from new babies to old. It's perfect! "
    0
    Flag
  • Tyler a. L. F.
    "the community is very family - friendly, quiet, centrally located, and safe especially for being mid to lower income! "
    1
    Flag
  • Tyler a. L. F.
    " I've lived here for several years and it's very convenient to amenities, affordable and family - friendly. "
    1
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

45 pet-friendly rentals in Orem, UT

Explore by feature - Garage

47 rentals with a garage in Orem, UT

Explore by feature - Air Conditioning

125 rentals with air conditioning in Orem, UT

Explore by feature - Pool

58 rentals with a pool in Orem, UT

Explore by feature - Washer/dryer

121 rentals with a washer/dryer in Orem, UT

Explore by feature - Outdoor Space

19 rentals with an outdoor space in Orem, UT

Homes for sale near 242 E 500 N

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Off Market Homes Near 242 E 500 N

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Frequently asked questions about 242 E 500 N

  • Is Orem a buyer's or seller's market?
    Orem is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Orem?
    The median sale price in Orem is $507K. That is down $4.71K from the prior month.
  • What do residents say about the Sharon Park neighborhood?
    Residents describe the Sharon Park neighborhood in Orem, UT as pedestrian-friendly, walkable to grocery stores, and easy to park in. See recently sold homes in Sharon Park, Orem.
  • What are the closest schools to 242 E 500 N?
    The closest schools to 242 E 500 N in Orem, UT are Canyon View Jr High School (rated 6/10), Cascade School (Pre-K/Elementary, rated 4/10), Orem High School (rated 6/10).
  • Does 242 E 500 N have air conditioning?
    Yes, 242 E 500 N in Orem, UT has air conditioning.
  • Does 242 E 500 N have laundry facilities?
    Yes, 242 E 500 N in Orem, UT has in-unit laundry.