Updated 6 Hours Ago
Location
470 S University Ave #1, Provo, UT 84601, USA|Central Business District
Tour 470 S University Ave #1
Contact
Equity Real Estate Property Management
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Property Overview
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
More space
Great for
Social life
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 470 S University Ave #1
Rare opportunity to lease a versatile commercial space conveniently located right on University Avenue in Provo. This property features a small front office, two extra-long garage bays accessible at storefront, and an additional garage bay at the rear of the property. The space also includes multiple storage rooms/ areas and a half bathroom. Climate controlled space with heating and air conditioning throughout. With its convenient location, flexible layout, and multiple garage bays, this property offers great potential for a variety of business, service, storage, or operational needs. Current tenant is willing to vacate, or opportunity for shared space and split rent. Tenant will need 30 days notice. RENT: $2000 SECURITY DEPOSIT: $2000 AMOUNT REFUNDABLE: $2000 TENANT IS RESPONSIBLE FOR ALL UTILITIES Application Fee: $65 per adult Initial leasing fee: $300 Credit and background check required Contact Thad for more information or to schedule a showing at 435-709-8423. Equity Real Estate is committed to equal housing opportunity. The tenant is advised to request a Rental Price Disclosure or Good Faith Estimate to review all charges associated with the lease. Managed by Equity Real Estate - Property Management
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 470 S University Ave #1 compares to other nearby properties.
Positives
- More space
- Studio is 2608 sqft larger than other listings nearby
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.4 miles away
- Distance from transit
- More than 2.9 miles from public transportation
- Priced higher than average
- Studio unit is $500 more than the median rent in this area
- Greater distance from high schools
- The nearest high school is farther than 1.3 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 0.9 miles away
Address details
| Neighborhood | Central Business District |
|---|---|
| Zip code | 84601 |
| Type | Apartment for rent |
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Rent trends in Central Business District
studio apartments at 470 S University Ave #1 cost about 58% more than the average rent price for studio apartments in Provo.
Median rents as of Oct 24 2026.
Central Business District
Provo
| Month | Median Rent |
|---|---|
| November 2024 | $1,044 |
| December 2024 | $1,037 |
| January 2025 | $987 |
| February 2025 | $972 |
| March 2025 | $910 |
| April 2025 | $895 |
| May 2025 | $969 |
| June 2025 | $986 |
| July 2025 | $979 |
| August 2025 | $1,010 |
| September 2025 | $985 |
| October 2025 | $1,013 |
| November 2025 | $995 |
| December 2025 | $927 |
| January 2026 | $980 |
| February 2026 | $990 |
| March 2026 | $1,002 |
| April 2026 | $1,065 |
| May 2026 | $1,065 |
| June 2026 | $1,065 |
| July 2026 | $1,065 |
| August 2026 | $982 |
| September 2026 | $925 |
| October 2026 | $865 |
| Month | Median Rent |
|---|---|
| July 2025 | $1,287 |
| August 2025 | $1,258 |
| September 2025 | $1,251 |
| October 2025 | $1,259 |
| November 2025 | $1,264 |
Affordability calculator
Can I afford to live at 470 S University Ave #1?
Bedrooms
StudioRent-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
$80,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $80,000 annually to afford this studio monthly rent price of $2,000.
For more information on rent affordability, visit our rent calculator.
Schools near 470 S University Ave #1
Franklin School
350 s 600 w
provo, UT, 84601
PK, K-6Public
C
Sunrise Preschool
87 n 700 e
provo, UT, 84606
PKPublic
Provo eSchool
280 w 940 n
provo, UT, 84604
K-12Public
B
Oak Springs School
1300 e center
provo, UT, 84601
K-12Public
Centennial Elementary School
450 s 400 east
orem, UT, 84097
PK, K-6Public
B+
Getting around Provo near 470 S University Ave #1
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 470 S University Ave #1, Provo
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a few minutes' walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
5/10
Variety of bars within a short drive
Explore the area around 470 S University Ave #1
Mercado Latino De Utah
275 S University Ave
Asian Market
24 N 500 W
Ream's Boots & Jeans
1201 S University Ave
Fresh Market
560 W Center St
Sam's Club
1313 S University Ave
Alp Bridal
125 W 500 S
Intermountain Farmers Association & Country Store
898 S University Ave
Taylor-Maid Costume Rental
255 W Center St
What's Hot
110 W Center St
Perfectly Suited
55 N University Ave
Rugged Grounds
156 W 500 S
Starbucks
979 S University Ave
Java Junkie Provo
16 W Center St
Spudnik Donuts
56 W Center St
Peace on Earth Coffee
35 N 300 W
A B G's A Beuford Gifford's
190 W Center St
Spark Restaurant Lounge
86 N University Ave
Slate Lounge
101 W 100 N
Slate Restaurant
101 W 100 N
Wingers Alehouse
1200 Towne Centre Blvd
Ambrosial
275 E 300 S
Cake Technologies Inc
1 E Center St
Enliten Bakery and Cafe
43 E Center St
Time Traveler' S Bakery
42 W Center St
Provo Bakery
190 E 100 N
Dog Park
Garden
Maeser Park
Wells Fargo Park
Playground
Harmon Brothers
410 S University Ave
Domino's
305 S University Ave
Hungry Hawaiian Provo
180 N University Ave
El Mexsal
325 S Freedom Blvd
Thai Neighbor Cuisine
170 W 300 S
University Ave / 450 S (NB)
State Street, Spvl / Spfk, Provo Grandview
Provo Central Station (Bay E)
Provo Grandview
University Ave / 300 S (SB)
State Street, Spvl / Spfk, Provo Grandview
Provo Central Station (Bay D)
Spvl / Spfk
Provo Central Station (Bay C)
South County / Provo Station
Provo Central Station
750 FrontRunner
Provo Amtrak
California Zephyr
Orem Central Station
750 FrontRunner
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