Updated 5+ Days Ago
Location
American Fork, UT 84003, USA
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Property Overview
531 S 1040 W offers strong value, with an overall Zumper Expert Rating of 7.8/10, especially notable for its price, amenities, location, and trustworthiness scores. It also stands out for exceptional value for money and proximity to a top-rated middle school, while the shared bathroom setup is a key feature to consider.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $800 /mo | 1 unit available | Move into this stunning, fully furnished townhome in a brand-new development in American Fork! This listing is for a private master bedroom with its own private bathroom, offering the perfect space for comfortable living and privacy in a shared home. Property Highlights: Private Master Suite: Enjoy your own spacious bedroom and private bathroom. Two-Car Garage: Shared spacious and secure parking with plenty of room for storage. Fully Furnished: Comes complete with TVs, kitchen essentials (pots, pans, utensils), comfortable furniture, and desks—move in without the hassle of setting up! Community Amenities: Enjoy access to the clubhouse and pool, perfect for socializing, relaxation, and recreation. Rent Details: Monthly Rent: $900 (for the master bedroom/bathroom) Deposit: Equivalent to one month’s rent. $900 With easy access to nearby shopping, dining, and outdoor recreation, this townhome provides the ideal balance of convenience, luxury, and community. Don’t miss out on making this your new home! |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 4 |
|---|
About 531 S 1040 W
Move into this stunning, fully furnished townhome in a brand-new development in American Fork! This listing is for a private master bedroom with its own private bathroom, offering the perfect space for comfortable living and privacy in a shared home. Property Highlights: Private Master Suite: Enjoy your own spacious bedroom and private bathroom. Two-Car Garage: Shared spacious and secure parking with plenty of room for storage. Fully Furnished: Comes complete with TVs, kitchen essentials (pots, pans, utensils), comfortable furniture, and desks—move in without the hassle of setting up! Community Amenities: Enjoy access to the clubhouse and pool, perfect for socializing, relaxation, and recreation. Rent Details: Monthly Rent: $900 (for the master bedroom/bathroom) Deposit: Equivalent to one month’s rent. $900 With easy access to nearby shopping, dining, and outdoor recreation, this townhome provides the ideal balance of convenience, luxury, and community. Don’t miss out on making this your new home!
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.8
/10
Very Good531 S 1040 W is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 531 S 1040 W is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 531 S 1040 W is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
531 S 1040 W is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 531 S 1040 W does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 531 S 1040 W compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 0.4 miles away
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Rent trends in American Fork
1-bedroom apartments at 531 S 1040 W cost about 36% less than the average rent price for 1-bedroom apartments in American Fork.
Median rents as of Oct 24 2026.
American Fork
| Month | Median Rent |
|---|---|
| November 2024 | $1,171 |
| December 2024 | $1,288 |
| January 2025 | $1,375 |
| February 2025 | $1,300 |
| March 2025 | $1,292 |
| February 2026 | $1,606 |
| March 2026 | $1,368 |
| April 2026 | $1,199 |
| September 2026 | $675 |
| October 2026 | $675 |
Affordability calculator
Can I afford to live at American Fork?
Bedrooms
1 bedroomRent-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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 1-bedroom monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.
Schools near 531 S 1040 W
Shelley Elementary School
602 n 200 w
american fork, UT, 84003
PK, K-6Public
A-
Dan W. Peterson School
169 n 1100 e
american fork, UT, 84003
PK, K-12Public
Horizon School
682 w 210 n
saratoga springs, UT, 84045
PK, K-12Public
Belmont School
4051 north maple hollow blvd
lehi, UT, 84043
PK, K-6Public
A-
Liberty Hills Elementary School
3501 west 2450 north
lehi, UT, 84043
PK, K-6Public
B+
Getting around UT 84003 near American Fork
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for American Fork, UT 84003
Groceries
5/10
Variety of groceries within a short drive
Shopping
6/10
Variety of shops within a short drive
Cafes
3/10
Some cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
3/10
Some bars within a short drive
Explore the area around American Fork
Fresh Market
135 E Main St
Maceys
135 E Main St
Jalisco's Market
399 E State Rd
Costco Wholesale
198 N 1200 E
Walmart Supercenter
949 W Grassland Dr
Urban-Gentwear
992 N 60 E
Colonial Fire and Safety Equipment Corp
55 N Merchant St
Hapari
69 E Main St
H & W Romance
63 E Main St
H & W Romance Boutique
57 E Main St
Espresso Agent
195 W Main St
Cowboy Donuts
101 N West State Rd
Beans & Brews
933 W 500 N
Starbucks
608 W Main St
Starbucks
496 E State Rd
Chili's
765 W State Rd
Midcity Lounge American Fork
484 N 950 W
Buffalo Wild Wings
92 N 1200 E
Jack & Jill Bowling Lanes
105 S 700 E
Jack & Jill Bowling Lanes
113 S 600 E
Hruska's Kolaches
11 W Main St
Ma & Paws Bakery
65 W Main St
Good Earth Markets
336 W Main St
GNC
368 N 750 W
Avenue Bakery
297 W Main St
Nob Hill Park
Pony Ball Field
Kimberly Park
Miller Park
Playground
Live Empower
227 N Center St
Wing Street
76 N 100 E
Pizza Hut
76 N 100 E
Honors Graduation
50 Church St
Whistle Wok
193 E 30 N
Main St / 100 E (WB)
State Street
Main St / American Fork Center St ()
State Street
Main St / 100 E (EB)
State Street
Main St / American Fork Center St ()
State Street
Main St / 100 W (WB)
State Street
American Fork Station
750 FrontRunner
Lehi Station
750 FrontRunner
Vineyard Station
750 FrontRunner
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