5+ Days Ago
Location
242 South Olive, #1/2, Mesa, Arizona 85204, United States
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Property Overview
Located just 0.28 miles from a highly-rated elementary school, this property offers an advantageous educational option nearby. With 12 photos available, potential tenants can easily visualize the living space and its features. Overall, this location combines convenience with visual accessibility for prospective renters.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Images Available
Great for
Pet owners
Amenities for 242 South Olive
Apartment Amenities
| Ceiling Fan | Forced Air |
| Freezer | Tile |
| Washer/Dryer Hookups | Water |
Appliances
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Building
| Controlled Building | Dogs OK |
| Sewage |
Grounds
| Fenced Yard | Lawn |
| Off-Street Parking | Outdoor Space |
Services
| Garbage |
Neighborhood
| Near Parks |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Allowed
Cat Policy
Not allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 242 South Olive
Property Id: 1394161 Beautifully remodeled 2 bedroom 1 bathroom home near Downtown Mesa available for rent. Almost everything in this rental is new, installed in 2021/2022! Some of the new items include: wood-look tile flooring, granite countertops, white shaker kitchen cabinets, tile shower, tub, toilet, stainless steel kitchen appliances, ceiling fans throughout, washer, dryer, electrical, drywall, and more! This unit is one half of a duplex building on a quaint and quiet street in the Temple Villa neighborhood. The home is walking distance to the light rail, Mesa Arizona Temple, Mesa Arts Center, Mesa Public Library, parks, ASU's MIX Center, and museums, shopping, and restaurants in Downtown Mesa. Washer and dryer are included. One off-street parking spot, big grass backyard. Electric and gas paid by tenant, water and lawn care paid by owner. Tenant must have 3x monthly rent in monthly gross income. Fees and dues to move in: $45 application fee + $1450 security deposit + $1450 first months rent
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 242 South Olive compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 85204 |
|---|---|
| Type | Condo for rent |
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Rent trends in Mesa
2-bedroom apartments at 242 South Olive cost about 4% more than the average rent price for 2-bedroom apartments in Mesa.
Median rents as of Nov 22 2025.
Mesa
| Month | Median Rent |
|---|---|
| December 2023 | $1,516 |
| January 2024 | $1,545 |
| February 2024 | $1,537 |
| March 2024 | $1,548 |
| April 2024 | $1,596 |
| May 2024 | $1,571 |
| June 2024 | $1,570 |
| July 2024 | $1,573 |
| August 2024 | $1,565 |
| September 2024 | $1,556 |
| October 2024 | $1,542 |
| November 2024 | $1,558 |
| December 2024 | $1,550 |
| January 2025 | $1,550 |
| February 2025 | $1,558 |
| March 2025 | $1,574 |
| April 2025 | $1,595 |
| May 2025 | $1,561 |
| June 2025 | $1,533 |
| July 2025 | $1,520 |
| August 2025 | $1,503 |
| September 2025 | $1,498 |
| October 2025 | $1,456 |
| November 2025 | $1,406 |
Affordability calculator
Can I afford to live at 242 South Olive?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$58,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this 2-bedrooms monthly rent price of $1,450.
For more information on rent affordability, visit our rent calculator.
Schools near 242 South Olive
Lowell Elementary School
920 e broadway rd
mesa, AZ, 85204
PK, K-6Public
B-
Franklin West Elementary School
236 s sirrine
mesa, AZ, 85210
PK, K-6Public
A-
Early Education Center
122 n country club dr
mesa, AZ, 85201
PKPublic
Franklin Elementary School
1753 e 8th ave
mesa, AZ, 85204
PK, K-6Public
A
Mesa Distance Learning Program
1025 n country club dr
mesa, AZ, 85201
K-12Public
B
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Internet available near 242 South Olive
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around #1/2 near 242 South Olive
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
Frequent public transit options are within walking distance.
Points of interest for 242 South Olive, #1/2
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
3/10
No high schools within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
Explore the area around 242 South Olive
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Buddha's Brew Coffee Cafe
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BoSa Donuts
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Coffee Lost Dutchman
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Starbucks
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The Organic Bean Cafe
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Hambone Sports Bar & Grill
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Diamond's Sports Grille
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Margaritas Grille
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12 West Brewing
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Cayomango
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La Estrella Panaderia
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GNC
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Yerberia San Francisco
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