Cheap Apartments for Rent in the Central Business District Provo, UT from $300 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Business District area of Provo.

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440 E 700 N
Studio Apartments

440 E 700 N

440 E 700 NProvo, UT 84606

Central Business District, Provo, UT Local Guide

Cheapest Available Central Business District Apartments for Rent

 

The cheapest available apartment rental in the Central Business District area of Provo, UT is a 1 Bed unit found at 350 S 900 E priced from $950. Rebel Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Central Business District apartments for rent in Provo, UT:

Apartment ListingModel NameBed/BathPriced From
350 S 900 E1/11BR,1BA$950
Rebel Apartments1 Beds, 1 Baths1BR,1BA$1,000
511 N 100 W1 Beds, 1 Baths1BR,1BA$1,150
200 City ViewGrandviewStudio,1BA$1,169
The Boulders1 Bedroom 577 sf1BR,1BA$1,279
High Line SquareHL1.1.41BR,1BA$1,499
Sixty Three CenterSundance2BR,1BA$1,640
400 Element2 Bedroom2BR,2BA$1,650
The Station at Mill RaceB2 2x22BR,2BA$1,819

Best Value Apartments for Rent in Central Business District, UT

As of June 21, 2026 the best value apartment in the Central Business District area is the $1.39 price per square foot B2 2x2 Model at The Station at Mill Race in the in the North Park neighborhood starting from $1,819. The second greatest value Central Business District apartment is the 2 Bedroom Model at 400 Element starting at $1,650 with a $1.42 price per square foot in the North Park neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Station at Mill RaceB2 2x22BR,2BA$1.39
400 Element2 Bedroom2BR,2BA$1.42
The Village at South CampusPlan A Mens4BR,2BA$0.64
Liberty CenterBirch2BR,2BA$2.01
Liberty on Eighth3x23BR,2BA$0.58
Sixty Three CenterSundance2BR,1.5BA$1.85
Bountiful Court ApartmentsFall/Winter2BR,1BA$0.62
Rebel Apartments1 Beds, 1 Baths1BR,1BA$1.54
727 E 600 S, Unit 727e 600s727 E 600 S2BR,1BA$2.15
511 N 100 W1 Beds, 1 Baths1BR,1BA$1.83

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Central Business District, Provo, UT

Ranked #20

Among cities in Utah for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Central Business District Apartments

What is the price of a cheap apartment in Central Business District?

The cheapest apartment in Central Business District is 350 S 900 E which is listed at $950, while the average apartment in Central Business District costs $1,599.

What types of apartments are the cheapest in Central Business District?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Central Business District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Central Business District?

Cheap apartments in Central Business District have an average cost of $419 which is $1,180 cheaper than the average rent for all rentals in Central Business District.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.