242 E 500 N, Orem, UT 84057
Property image
Property image
OFF MARKET
  • 2 Beds
  • 1 Bath
  • 1,200 sqft

242 E 500 N, Orem, UT 84057

Sharon Park

Home Highlights

Apartment
1,200 sqft

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

About this House

What's unique:Large fenced backyardNew carpet and paintNew furnaceLots of storage space
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,256/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

Comparable Sales for 242 E 500 N

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
930 W 965th St N #311, Orem, UT
1.63
Apartment
-
08/04/26
3
2
1,442 sqft
1336 N 1230 W, Orem, UT
2.15
Apartment
-
01/23/26
3
2
1,065 sqft
1445 S 640 E, Orem, UT
2.52
Apartment
-
10/31/25
2
1
1,024 sqft
1700 S Sandhill Rd #303, Orem, UT
2.93
Apartment
-
10/15/25
2
1
905 sqft
746 N 260 W #MM102, Vineyard, UT
3.73
Apartment
-
12/19/25
3
2
1,272 sqft
75 E 200 N #106, Provo, UT
5.09
Apartment
-
01/21/26
2
2
1,200 sqft
136 E 400 N #107, Provo, UT
5.00
Apartment
-
01/14/26
2
2
803 sqft
169 S Pleasant Grove Blvd, Pleasant Grove, UT
5.10
Apartment
-
02/20/26
3
2
1,274 sqft
25 S 850 E #6, Provo, UT
5.60
Apartment
-
07/23/26
2
2
1,250 sqft
Home facts updated by county records

Nearby homes

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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

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

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 $496K. That is down $11.33K 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 7/10), Cascade School (Pre-K/Elementary, rated 5/10), Orem High School (rated 5/10).
  • 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.

Homes for rent near 242 E 500 N

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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