
Cheap Apartments for Rent in the Central Business District Provo, UT from $300 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Provo.


151 E 300 N

839 400 S

855 E 700 N

547 N 300 E

62 W 700 N, Unit 222
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

129 N 1100 W St

129 N 1100 W St

898 E 700 N, Unit G2

129 N 1100 W St

613 N 1100 W St

748 N 700 E
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Conerstone Apartments

151 E 300 N

Summer Pointe (old)

Center Pointe

785 E 820 N

280 N 900 W
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

565 N 300 E

University Park

342 600 W

891 400 S

866 E 700 N

346 S 600 E
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

843 E 620 N St

440 E 700 N
Central Business District, Provo, UT Local Guide

How much does it cost to rent an apartment in Central Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Business District Studio Apartments | $1,164 | $995 | $1,250 |
| Central Business District 1 Bedroom Apartments | $1,305 | $800 | $1,805 |
| Central Business District 2 Bedroom Apartments | $1,394 | $420 | $1,999 |
| Central Business District 3 Bedroom Apartments | $874 | $445 | $1,860 |
| Central Business District 4 Bedroom Apartments | $698 | $698 | $698 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Central Business District Neighborhood of Provo, UT.
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Central Business District, Provo, UT Local Guide
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Cheapest Available Central Business District Apartments for Rent
 The cheapest available apartment rental in the Central Business District area of Provo, UT is a Studio unit found at Harman House Studios priced from $925. 350 S 900 E has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Central Business District apartments for rent in Provo, UT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harman House Studios | Harman House Studios - 2G | Studio,1BA | $925 |
| 350 S 900 E | 1/1 | 1BR,1BA | $950 |
| 511 N 100 W | 1 Beds, 1 Baths | 1BR,1BA | $1,000 |
| Palladium | 1x1 | 1BR,1BA | $1,149 |
| Ascent at Union Square | Studio Renovated | Studio,1BA | $1,225 |
| The Boulders | 1 Bedroom 577 sf | 1BR,1BA | $1,306 |
| The Station at Mill Race | A1 1x1 | 1BR,1BA | $1,430 |
| 200 City View | Covey | 1BR,1BA | $1,430 |
| Liberty Center | Ash | 1BR,1BA | $1,478 |
Best Value Apartments for Rent in Central Business District, UT
As of August 05, 2026 the best value apartment in the Central Business District area is the $1.67 price per square foot HL2.2.1 Model at High Line Square in the in the University neighborhood starting from $1,999. The second greatest value Central Business District apartment is the 2 Bedroom Model at 400 Element starting at $1,708 with a $1.47 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| High Line Square | HL2.2.1 | 2BR,2BA | $1.67 |
| 400 Element | 2 Bedroom | 2BR,2BA | $1.47 |
| The Village at South Campus | Plan A Mens | 4BR,2BA | $0.62 |
| Liberty on Eighth | 3x2 | 3BR,2BA | $0.59 |
| 873 N 600 W | 873 N 600 W | 1BR,1BA | $1.39 |
| Liberty Square | Madison 6 | 3BR,2BA | $0.53 |
| Sixty Three Center | Sundance | 2BR,1.5BA | $1.85 |
| The Station at Mill Race | A1 1x1 | 1BR,1BA | $1.94 |
| 511 N 100 W | 1 Beds, 1 Baths | 1BR,1BA | $1.42 |
| Palladium | 1x1 | 1BR,1BA | $1.92 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleCentral Business District, Provo, UT
Ranked #29
Among cities in Utah for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,326.
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 $473 which is $853 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.