Homes Under $500,000 in Orem, Utah

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Finding an affordable home in Utah County doesn't mean sacrificing quality or location. Orem offers an excellent selection of homes under $500K, making it an attractive option for first-time buyers, growing families, and anyone seeking value in a thriving community. Nestled between the Wasatch Mountains and Utah Lake, Orem provides residents with stunning natural beauty, top-rated schools, and convenient access to both outdoor recreation and urban amenities. Whether you're looking for a cozy starter home, a spacious rambler, or a townhome with modern updates, this price range opens doors to numerous possibilities throughout the city's diverse neighborhoods.

Orem's strong sense of community, low crime rates, and proximity to major employers make it one of the most desirable cities along the Wasatch Front. Homes in this price range often feature well-maintained properties with yard space, updated kitchens, and access to excellent parks and trails. You'll enjoy being just minutes from University Place shopping, the Orem Legacy Parkway trail system, and quick freeway access to both Salt Lake City and Provo. The city's commitment to maintaining quality infrastructure and community programs means your investment goes further here than in many neighboring areas.

Browse our current listings below to discover available homes that fit your budget and lifestyle needs. Each property listing includes detailed photos, neighborhood information, and key features to help you make an informed decision. Our experienced local agents understand the Orem market and are ready to help you find the perfect home under $500K. Contact us today to schedule showings or learn more about these opportunities.

View Homes Under $500K in Orem, Utah


To buy in Orem, Utah call us directly at 801-410-7917


69 Homes For Sale in OREM Utah

305 E ELMWOOD DR, Orem UT 84057

305 E ELMWOOD DR
Orem UT 84057

$4000 in Seller Concessions with a full price offer! Cash flowing investment property ready for its new owners! Come view this well laid out town home, that fe...

  • 2212 Sq Ft

  • 4

  • 2

$375,000

337 BIRCHWOOD DR, Orem UT 84057

337 BIRCHWOOD DR
Orem UT 84057

THIS HOME QUALFIES FOR 0% FINANCING@ This charming townhome features a unique rambler style in Orem offers spacious comfortable living space. This home feature...

  • 2160 Sq Ft

  • 4

  • 2

$359,000

10.8k

350 S 1200 W, Orem UT 84058

350 S 1200 W
Orem UT 84058

Design and build your own dream home* Flat 0.23 Acre lot close and walking distance to UVU* Easy access to freeway, shopping and University Mall* 23 Acre lot- r...

  • 0.23 Acres

$230,000

1924 S 1120 W, Orem UT 84058

1924 S 1120 W
Orem UT 84058

Welcome to this stunning, light-filled townhome in the sought-after Lakeview Fields community, offering a prime location and maintenance-free living at its fine...

  • 1547 Sq Ft

  • 3

  • 3

  • 2

$455,000

4.9k

1445 S 430 W, Orem UT 84058

1445 S 430 W
Orem UT 84058

Well Maintained Condo within Walking Distance of UVU and a few minutes drive or Bus to BYU! Walk to Grocery Stores, restaurants and Shopping! Freeway access les...

  • 1142 Sq Ft

  • 3

  • 2

$349,000

1363 S 1150 W, Orem UT 84058

1363 S 1150 W
Orem UT 84058

Discover comfortable, low-maintenance living in this 2-bedroom, 2-bathroom home offering 1,045 sq. ft. of thoughtfully designed space. Located on the ground flo...

  • 1045 Sq Ft

  • 2

  • 2

$300,000

5.0k

223 N 360 W, Orem UT 84057

223 N 360 W
Orem UT 84057

Whether youre looking to downsize or just level up your lifestyle, this 55+ twin home in Orem is the definition of worry-free living. Located in a pristine 55+ ...

  • 2248 Sq Ft

  • 4

  • 3

  • 2

$409,000

10.0k

NEW - 8 HOUR AGO
454 N 1235 W, Orem UT 84057

454 N 1235 W
Orem UT 84057

Beautiful 4 Bedroom/3.5 Bath END-UNIT in the Waterlefe Townhomes of Orem! PERFECT location within Minutes of the UVU Campus! Features Include Modern Kitchen w/P...

  • 2270 Sq Ft

  • 4

  • 4

$409,900

512 W 1450 N, Orem UT 84057

512 W 1450 N
Orem UT 84057

Stylish and inviting twin home that lives like a single-family residence, privately set on a quiet cul-de-sac. Enjoy two generous primary suites, custom built-i...

  • 2037 Sq Ft

  • 5

  • 3

  • 2

$450,000

747 E 1500 N, Orem UT 84059

747 E 1500 N
Orem UT 84059

Abbey Road Subdivision Lot, Developers Floor Plan to be used.

  • 0.07 Acres

$390,000

1533 S 200 E, Orem UT 84058

1533 S 200 E
Orem UT 84058

Conveniently located in the heart of Orem, just minutes from schools, UVU, and shopping, this charming 4-bedroom, 2-bath home offers comfort and versatility. Th...

  • 1824 Sq Ft

  • 4

  • 2

  • 1

$435,000

14.0k

1094 W 465 N, Orem UT 84057

1094 W 465 N
Orem UT 84057

Welcome to the Francis K neighborhood! Residents here regard the community as quiet, friendly and safe. The home has been updated, well maintained and is turn-k...

  • 1500 Sq Ft

  • 4

  • 2

$160,000

208 W GARDEN PARK, Orem UT 84057

208 W GARDEN PARK
Orem UT 84057

Welcome home to this beautifully updated top-level condo in a convenient Orem location. Thoughtfully refreshed throughout, this 2-bedroom, 1-bath residence offe...

  • 1521 Sq Ft

  • 2

  • 2

$309,000

55 E HANOVER DR, Orem UT 84058

55 E HANOVER DR
Orem UT 84058





  • 2252 Sq Ft

  • 4

  • 2

  • 1

$409,900

5.0k

193 W 530 S, Orem UT 84058

193 W 530 S
Orem UT 84058

You won't find many ready-to-build lots like this left in Orem! This fully developed property is ready for you to build your custom home in a cul-de-sac, surrou...

  • 0.31 Acres

$429,000

162 N 450 W #2, Orem UT 84057

162 N 450 W #2
Orem UT 84057

Welcome to Your New Home in the Lakecrest Community! This charming 2 car garage Orem home is located in the heart of Orem close to everything and offers a welco...

  • 2208 Sq Ft

  • 4

  • 3

  • 2

$424,900

5.0k

1086 N 1005 W, Orem UT 84057

1086 N 1005 W
Orem UT 84057

Welcome home to this beautifully maintained and thoughtfully updated 4-bedroom, 2-bath home located in Orems desirable Bonneville neighborhood. Enjoy peaceful c...

  • 2052 Sq Ft

  • 4

  • 2

$484,000

467 W 1640 S, Orem UT 84058

467 W 1640 S
Orem UT 84058

If you can't find the home of your dreams. This large .22 lot is nested in a great quiet neighborhood close to everything. All ready to build on....

  • 0.22 Acres

$214,900

216 S 400 W, Orem UT 84058

216 S 400 W
Orem UT 84058

Located in the desirable Cherry Village community, this condo offers fantastic amenities including a private park, basketball courts, a swimming pool, and a pic...

  • 1941 Sq Ft

  • 3

  • 2

$425,000

1037 W 1360 S, Orem UT 84058

1037 W 1360 S
Orem UT 84058

Location, location, location! This condo is exactly what you were looking for! Close to the freeway without the noise, close to UVU and any kind of shopping you...

  • 908 Sq Ft

  • 2

  • 1

$280,000

5.0k

249 W GARDEN PARK, Orem UT 84057

249 W GARDEN PARK
Orem UT 84057

Fantastic condo located in the heart of Orem! Enjoy easy access to public transportation, shopping, dining, grocery stores, USPS, car wash services, and the fre...

  • 1680 Sq Ft

  • 2

  • 2

$300,000

720 E 1500 S #720, Orem UT 84097

720 E 1500 S #720
Orem UT 84097

Welcome to this updated 2 bedroom, 1 bathroom condo at 720 E 1500 S #720 in Orem. This well-maintained unit features an open-concept living and dining area with...

  • 975 Sq Ft

  • 2

  • 1

$309,900

15.0k

543 S 560 E, Orem UT 84097

543 S 560 E
Orem UT 84097

a charming 2-bedroom, 1-bath home nestled in a quiet, friendly neighborhood. Enjoy the convenience of being within walking distance to both the local elementary...

  • 1734 Sq Ft

  • 2

  • 1

  • 2

$485,000

10.0k

241 W GARDEN PARK PARK, Orem UT 84057

241 W GARDEN PARK PARK
Orem UT 84057

Complete remodel within the last 4 years: custom cabinets, bathroom vanities, granite countertops, LVP flooring, Canned lighting, hand texture walls and ceiling...

  • 1519 Sq Ft

  • 2

  • 2

$299,973

369 N MAIN ST #2, Orem UT 84057

369 N MAIN ST #2
Orem UT 84057

This charming 2-bedroom, 1.5-bath townhome is perfectly located in the heart of Orem, offering unbeatable convenience and low-maintenance living. Enjoy quick ac...

  • 1128 Sq Ft

  • 2

  • 2

$325,000

10.0k

1110 W 105 N, Orem UT 84057

1110 W 105 N
Orem UT 84057

Strong Investment Opportunity in OREM, Two full Kitchen, Finished basement with private entrance. City of Orem allows ADU. Large Backyard, ideal for multigenera...

  • 2080 Sq Ft

  • 4

  • 2

  • 2

$493,000

5.0k

363 E 1395 N, Orem UT 84057

363 E 1395 N
Orem UT 84057

*LOCATION* LOCATION* BRAND NEW DEVELOPMENT RIGHT NEXT DOOR TO TIMPANOGOS HIGH SCHOOL!! *NE OREM* CORNER LOT*. * CULDESAC * GREAT SCHOOLS * BRING YOUR OWN BUI...

  • 0.26 Acres

$450,000

1225 W 160 N, Orem UT 84057

1225 W 160 N
Orem UT 84057

Ideally situated, and just 1.1 miles (a swift 3 - 5 minute drive) from Utah Valley University, this exceptional condo presents a prime opportunity for investors...

  • 736 Sq Ft

  • 2

  • 1

$249,990

458 W 1840 S, Orem UT 84058

458 W 1840 S
Orem UT 84058

Welcome home to this charming 2-bedroom, 1-bath home thoughtfully cared for and ready for its next chapter. Situated on a .19-acre lot, this home offers the per...

  • 960 Sq Ft

  • 2

  • 1

  • 1

$398,000

1.0k

Homes Under $500K in Orem

Looking for homes under $500k in Orem, Utah? We currently have 69 listings matching your criteria. New properties are added daily, so check back often or create a custom search to get notified of new listings.

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