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Home / Orem / 500 Building Monterey Apartments
500 Building Monterey Apartments Apartment for rent in Orem, UT
2 of 21 500 Building Monterey Apartments Apartment for rent in Orem, UT
3 of 21 500 Building Monterey Apartments Apartment for rent in Orem, UT
4 of 21 500 Building Monterey Apartments Apartment for rent in Orem, UT
5 of 21 500 Building Monterey Apartments Apartment for rent in Orem, UT
21 Photos
Photos Floor Plans Amenities
Updated 13 minutes ago

500 Building Monterey Apartments


553 N Monterey Dr Orem, UT

1 - 2 Bed
•
1 Bath

580 - 700 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$1,000
580 ft2
1 Available
Managed By: Home Basics Real Estate
#583
$1,000
Available Now
View
View Rented Units
2 Beds • 1 Bath
$1,100
700 ft2
1 Available
Managed By: Home Basics Real Estate
#595
$1,100
Available: Ask
View
View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
70
Very Walkable
Transit Score®
31
Some Transit
Bike Score®
69
Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Parking
Garage - Attached
Lease & Fees
Security Deposit:

1000 - 1100

Property details
Description

2 Bedroom Apartment in Quiet Orem Neighborhood - PICTURES COMING SOON
You'll love this condo! it is close to shopping, 5 min to the freeway, it has easy access to pretty much everything you'll need! Don't let this one slip by.
Rent: $1150
Security Deposit: $1150
2 bed
1 bath
Onsite Laundry
Refrigerator
Oven
Central Air
Tenant pays all utilities except water and garbage
NO SMOKING/NO PETS
If you have a good rental history, decent financials, and a clean criminal background, please call 720-210-5394. This home is professionally managed by Home Basics Real Estate. To see our rental criteria, please follow this link: https://www.homebasicspm.com/resources/rental-criteria/
EQUAL HOUSING OPPORTUNITY
Home Basics Real Estate supports, and is committed to, equal housing opportunity. We do not discriminate against anyone on the basis of race, color, religion, sex, disability, familial status, national origin, or source of income.
$30 Application Fee
$150 Lease Initiation fee
$100 Month-to-month fee if both parties agreed on terms
No Pets Allowed
(RLNE3803352)

Additional Details
Total Unit Count: 24
Last Updated: Updated 13 minutes ago
Contact Number: (385) 985-3848
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Veracity Networks 10000.0 10000.0
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 100.0 10.0
ViaSat, Inc. 100.0 3.0
CenturyLink, Inc. 40.0 5.0
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 500 Building Monterey Apartments by bedroom type below.
1 Bedroom
Suggested income:
$36,000
per year
2 Bedroom
Suggested income:
$39,600
per year
Rent report

500 Building Monterey Apartments Rent vs. Orem Average

 500 Building Monterey Apartments      Orem Average
1BR
$1,000
$1,389
$0
$500
$1,000
$1,500
$2,000
2BR
$1,100
$1,582
$0
$550
$1,100
$1,650
$2,200

500 Building Monterey Apartments is asking 28% less than the average 1 bedroom apartment in Orem.

If you upsized to an average priced Orem 2 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Orem studio apartment, you would pay 9% less per month.

500 Building Monterey Apartments provides 19% less square footage than the average Orem 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
500 Building Monterey Apartments
1BR $1,000 $1.70 $3,000
2BR $1,100 $1.60 $3,300
Orem Average
Studio $1,278 $2.40 $3,833
1BR $1,389 $1.90 $4,167
2BR $1,582 $1.50 $4,745
3BR $1,810 $1.30 $5,429
4BR $2,415 $1.00 $7,245

Availability in Orem

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 171 1BR units on the market in Orem. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
15% 38% 32% 10% 5%
Available Units in Orem
Studio 66
1BR 171
2BR 144
3BR 47
4BR 21
Location
Nearby Colleges

Utah Valley University

Brigham Young University-Provo

Nearby Hospitals
Name Distance
Orem Community Hospital 0.66 mi.
Timpanogos Regional Hospital 0.98 mi.
Center For Change 1.65 mi.
Nearby Fire Stations
Name Distance
Orem Fire Department 0.75 mi.
Orem Fire Department 2.41 mi.
Pleasant Grove City Fire Department 4.32 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
The available units range from 580 to 700 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
500 Building Monterey Apartments has a 1 bedroom unit starting at $1,000.
Where is this property located?
This property is at 553 N Monterey Dr in Orem, UT. It's 1.3 miles north from the center of Orem.
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