1 Day Ago
Highlights
- Laundry facility
- Professional management
- Landscape and snow removal
- Kitchen equipped
Location
553 Monterey Dr, Orem, UT 84057, USA|Sharon
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Apartments for rent Salt Lake CityApartments for rent Park CityApartments for rent Central CityApartments for rent Greater AvenuesApartments for rent East CentralApartments for rent LehiApartments for rent West JordanApartments for rent Sugar HouseApartments for rent South Salt LakeApartments for rent South Salt Lake CityApartments for rent SandyApartments for rent MurrayApartments for rent MurrayApartments for rent BountifulApartments for rent OremApartments Near Me
Houses for rent Saratoga SpringsHouses for rent Heber CityHouses for rent Salt Lake CityHouses for rent Park CityHouses for rent OremHouses for rent LehiHouses for rent Rose ParkHouses for rent ProvoHouses for rent American ForkHouses for rent Greater AvenuesHouses for rent Pleasant GroveHouses for rent South Salt Lake CityHouses for rent South Salt LakeHouses for rent HerrimanHouses for rent Central CityHouses for rent near me
Property Overview
500 Building Monterey Apartments is highly rated with an overall Zumper expert rating of 9 out of 10, reflecting its competitive pricing and valuable amenities, which include laundry facilities and professional management. The property features an excellent location near popular points of interest and schools, rated 9 out of 10, enhancing residents' quality of life. Additionally, the trustworthy management ensures transparency, making it a standout choice for renters seeking a well-rounded living experience.
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.
Things you’ll love
High school nearby- Laundry available on site
Great for
Work-from-home
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 700 sqft | $1,050 /mo | 1 unit available | Welcome to our cozy 2-bedroom, 1-bathroom apartment located in the heart of Orem, UT. This apartment offers convenience with landscape and snow removal services included, as well as a laundry facility on the premises for your convenience. The kitchen is equipped with a dishwasher, refrigerator, and microwave, making meal prep and clean-up a breeze. Don't miss out on the opportunity to make this apartment your new home sweet home. Contact us today for more information on how to make this apartment yours. Year Built: 1970 Bedrooms: 2 Bathrooms: 1 Square Feet: 700 Rent amount: $1,050 Deposit is equal to one months rent NO PETS / NO SMOKERS If you have a good rental history, decent financials, and a clean criminal background, please call 801-802-7253. 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. $35 Application Fee $150 Lease Initiation fee $100 Month-to-month fee if both parties agreed on terms |
Let's explore this property.
Amenities for 500 Building Monterey Apartments
Appliances
| Dishwasher | Laundry Facility on Premises |
| Microwave | Refrigerator |
Building
| Onsite Laundry |
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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 24 |
|---|
Advertisement
About 500 Building Monterey Apartments
Welcome to our cozy 2-bedroom, 1-bathroom apartment located in the heart of Orem, UT. This apartment offers convenience with landscape and snow removal services included, as well as a laundry facility on the premises for your convenience. The kitchen is equipped with a dishwasher, refrigerator, and microwave, making meal prep and clean-up a breeze. Don't miss out on the opportunity to make this apartment your new home sweet home. Contact us today for more information on how to make this apartment yours. Year Built: 1970 Bedrooms: 2 Bathrooms: 1 Square Feet: 700 Rent amount: $1,050 Deposit is equal to one months rent NO PETS / NO SMOKERS If you have a good rental history, decent financials, and a clean criminal background, please call 801-802-7253. 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. $35 Application Fee $150 Lease Initiation fee $100 Month-to-month fee if both parties agreed on terms
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.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 500 Building Monterey Apartments is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 500 Building Monterey Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
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, 500 Building Monterey Apartments is a great option for renters looking for apartments in Sharon. 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·9A 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.
500 Building Monterey Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including laundry facility on premises. Renters looking for popular or luxurious features will find them here—and for that reason, 500 Building Monterey Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
500 Building Monterey Apartments 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·8A 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.
Anyone looking for quality at a great value will find 500 Building Monterey Apartments to be an attractive option. Renters can also rely on this rental to provide them with accurate information they need to find the living experience they desire.
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.
500 Building Monterey Apartments is great for:
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 500 Building Monterey Apartments compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Lacks images
- Fewer than 10 photos available for this location
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Sharon
2-bedroom apartments at 500 Building Monterey Apartments cost about 19% less than the average rent price for 2-bedroom apartments in Sharon.
Median rents as of Mar 14 2026.
Sharon
Orem
| Month | Median Rent |
|---|---|
| March 2024 | $1,450 |
| April 2024 | $1,379 |
| May 2024 | $1,368 |
| June 2024 | $1,369 |
| July 2024 | $1,330 |
| August 2024 | $1,323 |
| September 2024 | $1,324 |
| October 2024 | $1,384 |
| November 2024 | $1,383 |
| December 2024 | $1,399 |
| January 2025 | $1,347 |
| February 2025 | $1,337 |
| March 2025 | $1,361 |
| April 2025 | $1,327 |
| May 2025 | $1,345 |
| June 2025 | $1,346 |
| July 2025 | $1,298 |
| August 2025 | $1,299 |
| September 2025 | $1,310 |
| October 2025 | $1,301 |
| November 2025 | $1,310 |
| December 2025 | $1,338 |
| January 2026 | $1,332 |
| February 2026 | $1,329 |
| March 2026 | $1,325 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,313 |
| April 2024 | $1,307 |
| May 2024 | $1,295 |
| June 2024 | $1,366 |
| July 2024 | $1,297 |
| August 2024 | $1,230 |
| September 2024 | $1,254 |
| October 2024 | $1,250 |
| November 2024 | $1,260 |
| December 2024 | $1,231 |
| January 2025 | $1,200 |
| February 2025 | $1,172 |
| March 2025 | $1,195 |
| April 2025 | $1,169 |
| May 2025 | $1,117 |
| June 2025 | $1,231 |
| July 2025 | $1,400 |
| August 2025 | $1,320 |
| September 2025 | $1,257 |
| October 2025 | $1,314 |
| November 2025 | $1,302 |
Affordability calculator
Can I afford to live at 553 Monterey Dr?
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
$42,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 2-bedrooms monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.
Schools near 500 Building Monterey Apartments
Sharon Elementary School
525 n 400 e
orem, UT, 84097
PK, K-6Public
B-
Parkside Elementary School
658 w 150 north
orem, UT, 84057
PK, K-6Public
Utah School for the Deaf - Elizabeth DeLong School of the Deaf
424 s 350 e
orem, UT, 84058
PK, K-12Public
Centennial Elementary School
450 s 400 east
orem, UT, 84097
PK, K-6Public
B+
Trailside Elementary School
452 n vineyard loop rd
vineyard, UT, 84058
PK, K-6Public
Advertisement
Internet available near 500 Building Monterey Apartments
Neighborhood
Sharon | Orem, UT
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Orem near 553 Monterey Dr
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 553 Monterey Dr, Orem
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
3/10
No high schools within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Explore the area around 553 Monterey Dr
El Mexicano Market
560 N State St
First Oriental Market
286 N State St
Asian Market Orem
266 N State St
El Centro Orem
845 N 100 W
Maceys
880 N State St
Patch Tailoring
590 N State St
NPS Store
475 N State St
Sophias Special Occasions
352 N State St
Red Wing Shoe Store
248 N State St
Family Dollar
775 N Orem Blvd
Boba Beehive
266 N State St
Starbucks
830 N State St
Dutch Bros Coffee
865 N State St
Starbucks
45 S State St
Starbucks
175 W Center St
Winger's Grill & Bar
610 S State St
Hitching Post
30 N Geneva Rd
Best in Music
1006 S State St
Wing Nutz
1054 S 750 E
Applebee's Grill + Bar
290 W University Pkwy
La Brioche Bakery
845 N 100 W
Memos Bakery
39 W Center St
Murray's Cheese
45 S State St
Amway Products Distributor
224 N 650 E
Blondies Cupcakes
Sharon Park
City Center Park
IHC Soccer Fields
Geneva Park
Windsor Park
Callie's Cafe
466 N State St
Apollo Burgers
452 N State St
Denny's
485 N State St
Juice N Java Orem
535 N State St
A&W Restaurants
433 N State St
State St / 500 N (SB)
State Street
State St / 400 N (NB)
State Street
State St / 600 N (SB)
State Street
State St / 600 N (NB)
State Street
State St / 400 N (SB)
State Street
Orem Central Station
750 FrontRunner, 750 FrontRunner
Vineyard Station
750 FrontRunner, 750 FrontRunner
Provo Central Station
750 FrontRunner, 750 FrontRunner
Compare similar properties nearby
- dishwasher
- in-unit laundry
- dogs ok
388 E 1500 S, Orem, UT, 84058
Our team has verified this companyCherry Hill • 388 E 1500 S
2 Beds
$1,250
- dishwasher
- in-unit laundry
- dogs ok
1140 W 950 N #A402, Orem, UT, 84057
Our team has verified this companyBonneville • 1140 W 950 N #A402
2 Beds
$1,495
- dishwasher
- in-unit laundry
- dogs ok
- dishwasher
- in-unit laundry
- dogs ok
- dishwasher
- in-unit laundry
- dogs ok
- dishwasher
- in-unit laundry
- dogs ok
- dishwasher
- in-unit laundry
- dogs ok
- dishwasher
- in-unit laundry
- dogs ok
- dishwasher
- in-unit laundry
- dogs ok
388 E 1500 S, Orem, UT, 84058
Our team has verified this companyCherry Hill • 388 E 1500 S
2 Beds
$1,250
- dishwasher
- in-unit laundry
- dogs ok
1140 W 950 N #A402, Orem, UT, 84057
Our team has verified this companyBonneville • 1140 W 950 N #A402
2 Beds
$1,495
- dishwasher
- in-unit laundry
- dogs ok
- dishwasher
- in-unit laundry
- dogs ok
- dishwasher
- in-unit laundry
- dogs ok
- dishwasher
- in-unit laundry
- dogs ok
- dishwasher
- in-unit laundry
- dogs ok
- dishwasher
- in-unit laundry
- dogs ok