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Updated 3 Hours Ago

Highlights

  • Modern living
  • Stainless steel appliances
  • Large windows
  • Granite countertops
  • Professional management
  • Smoke-free

Location

542 S 500 E, Salt Lake City, UT 84102, USA|Central City
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Tour 542 S 500 E

Contact

Management

Concept Property Management, Inc.

Leasing office

(385) 217-2488 ext. 2

Property Overview

542 S 500 E combines modern living features like stainless steel appliances, granite countertops, large windows, and a smoke-free environment with professional management. It also stands out for its strong overall rating, excellent amenities and location, plus nearby conveniences that support fitness and wellness, social activity, and work-from-home needs.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.1
Excellent
542 S 500 E is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.

Things you’ll love

  • Dishwasher
  • Images Available
  • Walk-in closet

Great for

  • Work-from-home
  • Wellness
  • Social life

Floor plans

1x11 bed1 bath525 sqft$1,155 /mo1 unit availableSchedule a tour today! • Text or Call: (385) 386-8362 • Email: **** • Virtual Tour: https my matterport com show ?m=bjBQo14DPGi Inside, the apartment features stainless steel appliances, including a refrigerator, stove/oven, microwave, dishwasher, and garbage disposal. Granite countertops, faux wood blinds, large windows, and vinyl flooring create a bright, modern, and easy to maintain space. A full size in-unit washer and dryer provide added convenience. Experience comfortable, modern living in this beautifully updated apartment, conveniently located near the University of Utah and downtown Salt Lake City. This smoke-free, quiet, pet friendly community offers a comfortable living environment with friendly neighbors, 24 hour emergency maintenance, and professional local management by Concept Property Management. Community Package: $197.49/month, which includes water/sewer/trash, billing fee, parking, pest control, and liability insurance. Utilities are based on tenant usage. See leasing for pet policy and details. Fees are subject to change. Please contact the leasing agent for current pricing, fees, and availability. Photos, videos, and tours may depict a similar unit.
1BR/1.0BA1 bed1 bath525 sqft$1,199 /mo1 unit availableSchedule a Tour or Apply Today: • Text or Call: (385) 386-8362 • Email: **** • Virtual Tour: https my matterport com show ?m=bjBQo14DPGi END OF SUMMER SPECIAL: $500 OFF ONE MONTH! OAC, can be applied any time during your lease. Ask leasing specialist for details! Experience comfortable, modern living in this beautifully updated top-floor corner apartment, ideally located close to the University of Utah and downtown. This smoke-free, small and quiet pet-friendly community offers the perfect blend of convenience and comfort with friendly neighbors, 24-hour emergency maintenance, and professional local management by Concept Property Management. Enjoy easy online payment options and an online tenant portal that make renting simple and hassle-free. You'll also love being just minutes from the Salt Lake City Public Library, dining, shopping, entertainment, and public transportation. Inside, you'll find a thoughtfully designed home featuring stainless steel appliances, including a refrigerator, stove/oven, microwave, dishwasher, and garbage disposal. Granite countertops, faux wood blinds, large windows, and durable vinyl flooring throughout create a bright and stylish living space that's both attractive and easy to maintain. A full-size in-unit washer and dryer adds everyday convenience, while the professionally managed community is supported by a knowledgeable, highly skilled staff dedicated to providing exceptional service and a welcoming place to call home. • Community Package: $197.49 includes water/sewer/trash, billing fee, parking, pest control, and liability insurance. See Leasing agent for pet fees. Utilities would be based on tenant's usage. * Please note: Fees are subject to change, see leasing agent for the most current costs, fees, and availability of units. Content such as photos, videos, and tours may depict a similar unit. No Smoking.

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Amenities for 542 S 500 E

Apartment Amenities

Fauxwood BlindsGranite Countertops
Large WindowsOpen Kitchen
Shaker Style CabinetsTop Floor Apartment
Vinyl Flooring

Appliances

DishwasherGarbage Disposal
In-Unit LaundryMicrowave
OvenRefrigerator
Stainless Steel AppliancesStove/Oven
Washer and Dryer

Tech

Cable Ready

Grounds

Attractive LandscapingPet-Friendly Community

Services

24 Hour Emergency MaintenanceOnline Tenant Portal

Neighborhood

Friendly Neighbors

Other

Dedicated Dining SpaceEasy Online Payment Options
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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units10
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About 542 S 500 E

HomeApartments in Salt Lake CityCentral City 542 S 500 E

Schedule a tour today! • Text or Call: (385) 386-8362 • Email: **** • Virtual Tour: https my matterport com show ?m=bjBQo14DPGi Inside, the apartment features stainless steel appliances, including a refrigerator, stove/oven, microwave, dishwasher, and garbage disposal. Granite countertops, faux wood blinds, large windows, and vinyl flooring create a bright, modern, and easy to maintain space. A full size in-unit washer and dryer provide added convenience. Experience comfortable, modern living in this beautifully updated apartment, conveniently located near the University of Utah and downtown Salt Lake City. This smoke-free, quiet, pet friendly community offers a comfortable living environment with friendly neighbors, 24 hour emergency maintenance, and professional local management by Concept Property Management. Community Package: $197.49/month, which includes water/sewer/trash, billing fee, parking, pest control, and liability insurance. Utilities are based on tenant usage. See leasing for pet policy and details. Fees are subject to change. Please contact the leasing agent for current pricing, fees, and availability. Photos, videos, and tours may depict a similar unit.


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.
9.1
/10
Excellent
542 S 500 E is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Price, which help to make this rental a great place to call home.
How we rated 542 S 500 E
Price·9A 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.
542 S 500 E stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A 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.
542 S 500 E stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—in-unit laundry—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
542 S 500 E 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·9A 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.
542 S 500 E has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.

542 S 500 E is great for:

Work-from-home

  • Utilities included in the rent
  • Large windows for natural lighting
  • 9 internet service provider options nearby
  • 6 office supply stores within 1 mile

Wellness

  • Ample windows and natural lighting
  • HVAC systems available onsite
  • 48 gyms or yoga centers nearby
  • 11 farmers markets or health food stores nearby

Social life

  • 404 restaurants within 1 mile of this property
  • Area has 29 parks and recreation options
  • A bustling neighborhood
  • Diverse age groups live in this area

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 542 S 500 E compares to other nearby properties.

Positives

Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address
Walk-in closet
More closet space on average

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Rent trends in Central City

1-bedroom apartments here are priced 2% lower than 1-bedrooms in Central City.

Median rents as of Aug 29 2026.
Central City
Salt Lake City
A table of studio rental data trends in Salt Lake City
MonthMedian Rent
September 2024$1,181
October 2024$1,120
November 2024$1,079
December 2024$1,079
January 2025$1,112
February 2025$1,127
March 2025$1,085
April 2025$945
May 2025$941
June 2025$914
July 2025$935
August 2025$970
September 2025$998
October 2025$984
November 2025$1,004
December 2025$984
January 2026$985
February 2026$960
March 2026$942
April 2026$975
May 2026$960
June 2026$950
July 2026$954
August 2026$960
A table of studio rental data trends in Central City
MonthMedian Rent
September 2024$1,184
October 2024$1,121
November 2024$995
December 2024$973
January 2025$945
February 2025$945
March 2025$955
April 2025$945
May 2025$925
June 2025$895
July 2025$895
August 2025$895
September 2025$895
October 2025$869
November 2025$820
December 2025$937
January 2026$971
February 2026$959
March 2026$927
April 2026$943
May 2026$941
June 2026$947
July 2026$934
August 2026$905

Affordability calculator

Can I afford to live at 542 S 500 E?

Bedrooms

1 bedroom

Rent-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

$47,080/yr

With your selected rent-to-income ratio, you'd ideally want to make $47,080 annually to afford this 1-bedroom median monthly rent price of $1,177.
For more information on rent affordability, visit our rent calculator.

Schools near 542 S 500 E

M. Lynn Bennion School

429 s 800 e

salt lake city, UT, 84102

PK, K-6Public
C+

Salt Lake Virtual Elementary School

440 e 100 south

salt lake city, UT, 84111

K-8Public

Salt Lake Head Start

1240 american beauty dri

salt lake city, UT, 84116

PKPublic

Jean Massieu School for the Deaf

1655 e 3300 s

salt lake city, UT, 84106

PK, K-12Public

Rocky Peak Virtual Elementary School

7905 south redwood rd

west jordan, UT, 84084

K-6Public
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Internet available near 542 S 500 E

Getting around Salt Lake City near 542 S 500 E

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 542 S 500 E, Salt Lake City

Groceries

9/10
Exceptional variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

9/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

9/10
Wide variety of bars within a few minutes' walk

Explore the area around 542 S 500 E

Smith's Marketplace
455 S 500 E
Whole Foods Market
544 S 700 E
Trader Joe's
634 E 400 S
Sprouts Farmers Market
216 S 700 E
Smith's
876 E 800 S

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