Orem Homes under $500,000

Welcome to Orem, Utah—a vibrant city nestled in the heart of Utah County, where stunning mountain views meet a friendly community atmosphere. Known for its family-friendly environment and excellent schools, Orem is the perfect place for families, young professionals, and retirees alike. With a rich tapestry of parks, recreational activities, and cultural events, Orem offers an unparalleled quality of life.

One of the most appealing aspects of Orem is its diverse real estate market, particularly for homebuyers seeking affordable options. In this charming city, you can find a variety of homes under $500,000, making it an attractive destination for first-time buyers and those looking to downsize. Whether you’re searching for a cozy single-family home, a modern townhouse, or a spacious condo, Orem has something to suit every taste and budget.

Imagine living just a stone's throw away from beautiful outdoor spaces like the Orem City Center Park or the scenic trails of the Wasatch Mountains, perfect for hiking, biking, and enjoying nature. Plus, with easy access to major highways and public transportation, commuting to nearby cities like Provo and Salt Lake City is a breeze.

As you explore the homes available in Orem, you'll find well-designed layouts, modern amenities, and welcoming neighborhoods that foster a sense of belonging. With a thriving local economy and a strong sense of community, Orem is not just a place to live—it's a place to call home. Discover your dream home today in this beautiful Utah city!

Newest Orem Homes under $500,000

$415,000

3 Beds ⋅ 3 Baths ⋅ 2192444 MLS

This Townhome is your Next Hole-in-One! Talk about a sweet spot! This darling townhome puts you right in the middle of all the action, with Sleepy Ridge Golf Course just a short walk away. Inside, you'll love the spacious primary suite, your perfect place to unwind after a busy day. Don't sleep on the elegant kitchen featuring upgraded cabinetry and beautiful granite countertops. Tee up your weekends on the golf course, catch a movie on the IMAX screen, challenge your friends at Topgolf, or explore the shops and restaurants in nearby Vineyard. Whether you're a student, investor, or simply looking for a convenient place to call home, this one is hard to beat! UVU, BYU and University Mall are all just a short drive away. With close proximity to I-15 and the FrontRunner station, this location is right on par with the best of Utah Valley living! Looking for a place to call home or a fantastic student rental opportunity? This darling townhome checks all the boxes and is ready to make the leaderboard!

858 S Pheasant Run W, Orem

$440,000

3 Beds ⋅ 2 Baths ⋅ 2191923 MLS

Updated Rambler in the Heart of Orem! This charming home features brand-new flooring, fresh paint, and a newly finished bathroom in the basement. With 3 bedrooms, 2 full bathrooms, and spacious family rooms on both levels, there's plenty of room to spread out and enjoy. The downstairs also offers a versatile den, perfect for a home office, hobby room, or additional living space. Conveniently located in central Orem, close to shopping, dining, schools, and everyday amenities. Enjoy the charm of an established neighborhood with the comfort of recent updates. Come see all this home has to offer!

339 W 310 N, Orem

$500,000

5 Beds ⋅ 3 Baths ⋅ 2191416 MLS

Meticulously maintained end unit in the highly desirable Hidden Hollow neighborhood. Features main-level living with a large primary suite (24 ft. x 12 ft.) containing three total closets, which could be converted into two main-floor bedrooms. The kitchen has been recently updated, with hardwood floors throughout the main level, a new furnace and A/C (2023), and natural rock wall window wells on the west side. Two of the downstairs bedrooms do not feature traditional-style closets, including one without a closet that is currently being used as an office. This end unit Townhome is close to the amenities University Parkway and State Street has to offer.

136 W Hidden Hollow Cir, Orem

$73,000

2 Beds ⋅ 1 Baths ⋅ 2191191 MLS

**Great Opportunity in Orem Seller Financing Available!** Don't miss this charming 2-bedroom, 1-bath mobile home situated on a desirable corner lot! Conveniently located on State Street in Orem, with easy access to shopping, restaurants, schools, and major roads. This home features central A/C, a newer furnace, and affordable lot rent, making it an excellent option for comfortable, budget-friendly living. **Seller financing is available**, offering buyers additional flexibility and an opportunity to own a home without traditional bank financing. Schedule your showing today!

597 N State St Unit 56, Orem

$279,000

2 Beds ⋅ 1 Baths ⋅ 2190530 MLS

1140 W 950 N Unit #D304, Orem

$459,000

3 Beds ⋅ 3 Baths ⋅ 2190267 MLS

UPDATED CENTRAL OREM TOWNHOME + SPECIAL FINANCING OPPORTUNITY! Qualified buyers may have access to a well-below-market interest rate on this property, (with preferred lender). Ask the listing agent how. This beautiful 3-bedroom, 2.5-bath townhome is tucked into a quiet Central Orem location while remaining close to shopping, dining, entertainment, schools, and freeway access. Inside, you'll love the fresh, clean feel of new paint, new carpet, and new light fixtures throughout. The comfortable floor plan provides plenty of space for everyday living and entertaining. The full unfinished basement offers tremendous potential to expand your living space. Create additional bedrooms, a family room, home theater, office, gym, playroom, or whatever fits your lifestyle. A 2-car garage provides secure parking and valuable storage. Enjoy the best of both worlds: a peaceful neighborhood setting with everything you need just minutes away. This move-in-ready townhome offers fresh updates, room to grow, and convenient access. Schedule your showing today!

27 N 340 W, Orem

$475,000

4 Beds ⋅ 2 Baths ⋅ 2190176 MLS

Great location for this wonderful home which is very close to many conveniences, including UVU, shopping and down-town. Updated windows and roof shingles, other updates over the years. Extra parking for RV, back yard fencing fully enclosed. Home situated in friendly neighborhood, cul-de-sac lot. Buyer is advised to obtain independent measurements. Lot boundary ends on the East end where terracing begins. (See plat map.)

621 S 1000 W, Orem

$405,000

3 Beds ⋅ 1 Baths ⋅ 2189761 MLS

Welcome home to this well-kept home on a corner lot in a quiet, established Orem neighborhood. Mature trees shade a beautiful yard with room to garden, play, entertain, or just relax outside on summer evenings. The corner lot gives you more open space and curb appeal than most homes at this price. Inside, the layout is comfortable and functional, ready for you to move in and make it your own. Shopping, dining, parks, and the freeway are all a short drive away, so getting around Utah County is easy. Square feet as per County. Buyer and Buyer's Broker to verify all information including square footage and acreage.

690 N 120 E, Orem

$480,000

3 Beds ⋅ 2 Baths ⋅ 2189714 MLS

CPO Certified Pre-Owned Home. Walking-tour video available. Priced below appraisal. Discover this charming three-bedroom cottage-style home in Orem, Utah, offering single-level living, valuable updates, and a spacious .28-acre lot. Located in the Westmore neighborhood, this lovingly maintained 1961 home features 3 bedrooms, 2 bathrooms, and approximately 1,450 square feet. The updated kitchen includes granite countertops, while newer flooring, windows installed within the past four years, a new roof, and newer air conditioning and furnace systems add comfort and value. Over-insulated walls and attic enhance energy efficiency. Additional improvements include an updated sprinkler system, a hard-wired security system, and radon mitigation. Outdoor features include a large covered back patio, four mature fruit trees-including peach, pear, and apple-a grapevine tunnel, and spacious garden areas ready for planting. Two sheds offer additional storage, chicken coop and electricity installed in one. Covered parking provides 12-foot clearance and space for up to four vehicles. No HOA. Conveniently located near Utah Valley University, Brigham Young University, shopping, dining, malls, and the FrontRunner commuter rail. Square footage and measurements are provided as a courtesy and should be verified by the buyer.measurements are to be verified by buyer.

940 S 100 W, Orem

$257,000

2 Beds ⋅ 1 Baths ⋅ 2189475 MLS

Short sale and great opportunity to own/invest in a well priced condo with close proximity to BYU/UVU, freeway access, shopping, restaurants and hospital. With 2 bed 1 bath this unit comes with one covered parking space which includes a storage space. Plenty of guest parking in the community. Condo is an end unit so it only shares one wall with an extra window for more natural light. Buyer and agent to verify all info.

1548 S 175 E Unit 31, Orem

$445,000

4 Beds ⋅ 3 Baths ⋅ 2188898 MLS

"New Listing in Orem, Utah. Welcome to this beautifully located 4-Bedrooms, 2-Bathrooms, home with a finished basement. CLose to schools, shopping, freeway access, and major universities, it offers both comfort and convenience. Offered at $445,000.00 Contact me today to schedule a private showing or receive additional property details. Your next home may be closer than you think." Square footage figures are provided as a courtesy estimate only and were obtained from MLS. Buyer is advised to obtain an independent measurement.

365 E 760 N, Orem

$449,900

4 Beds ⋅ 1 Baths ⋅ 2188399 MLS

Beautifully updated and move-in ready in the heart of Orem! Enjoy this charming, bright, modern and welcoming home. The main level features an open-concept floor plan, created by removing the dividing wall to provide a more spacious flow between the living, dining and kitchen areas perfect for everyday living and entertaining. Fresh interior paint, stylish finishes, updated flooring and abundant natural light give the home a clean, contemporary feel throughout. A major upgrade includes central A/C installed approximately three years ago, adding year-round comfort. The full finished basement provides additional living space and storage, while the detached garage, extended concrete driveway and ample off-street parking offer excellent functionality. Outside, enjoy a beautifully maintained yard with mature trees and established landscaping. Conveniently located in central Orem, this home has been lovingly maintained and shows pride of ownership throughout. Turnkey, comfortable and ready for its next owner come see everything this beautiful home has to offer!

852 W 530 N, Orem

Start Your Search

Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Terms of Use
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Orem Homes under $500,000

Newest Orem Homes under $500,000

How much is your home worth?

How much is your home worth?