
Cheap Apartments for Rent in the Central Business District Provo, UT from $300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Provo.


355 E 500 N, Unit 1

355 E 500 N, Unit 4

355 E 500 N, Unit 3

355 E 500 N, Unit 3

355 E 500 N, Unit 1

355 E 500 N, Unit 3

355 E 500 N, Unit 4
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.

355 E 500 N, Unit 1

355 E 500 N, Unit 3

355 E 500 N, Unit 4

355 E 500 N, Unit 4

355 E 500 N, Unit 2

355 E 500 N, Unit 2

355 E 500 N, Unit 2

355 E 500 N, Unit 2
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

280 N 900 W

839 400 S

855 400 S

891 400 S

615 N 1100 W St

129 N 1100 W St, Unit 1545086

129 N 1100 W St, Unit 1-425

595 N University Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

355 E 500 N, Unit 3

355 E 500 N, Unit 1

355 E 500 N, Unit 1

516 N 720 E

129 N 1100 W St, Unit 2810-303

591 N University Ave, Unit 116

935 N University Ave

355 E 500 N, Unit 2
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

613 N 1100 W St

Total Monthly Price
543 N University Ave, Unit 208

933 S Freedom Blvd

150 N 100 E

Conerstone Apartments

761 E 820 N

986 900 E

346 S 600 E
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.

843 E 620 N St

440 E 700 N

The Bay Apartments
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 | $1,154 | $900 | $1,325 |
| Central Business District 1 Bedroom Apartments | $1,005 | $365 | $1,550 |
| Central Business District 2 Bedroom Apartments | $1,501 | $475 | $2,030 |
| Central Business District 3 Bedroom Apartments | $1,268 | $558 | $1,895 |
| Central Business District 4 Bedroom Apartments | $853 | $575 | $2,250 |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 2 mile radius of the Central Business District Neighborhood of Provo, UT.
See all Apartments in ProvoExplore Provo
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 350 S 900 E | 1/1 | 1BR,1BA | $950 |
| Rebel Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,000 |
| 511 N 100 W | 1 Beds, 1 Baths | 1BR,1BA | $1,150 |
| 200 City View | Grandview | Studio,1BA | $1,169 |
| The Boulders | 1 Bedroom 577 sf | 1BR,1BA | $1,279 |
| High Line Square | HL1.1.4 | 1BR,1BA | $1,499 |
| Sixty Three Center | Sundance | 2BR,1BA | $1,640 |
| 400 Element | 2 Bedroom | 2BR,2BA | $1,650 |
| The Station at Mill Race | B2 2x2 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Station at Mill Race | B2 2x2 | 2BR,2BA | $1.39 |
| 400 Element | 2 Bedroom | 2BR,2BA | $1.42 |
| The Village at South Campus | Plan A Mens | 4BR,2BA | $0.64 |
| Liberty Center | Birch | 2BR,2BA | $2.01 |
| Liberty on Eighth | 3x2 | 3BR,2BA | $0.58 |
| Sixty Three Center | Sundance | 2BR,1.5BA | $1.85 |
| Bountiful Court Apartments | Fall/Winter | 2BR,1BA | $0.62 |
| Rebel Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.54 |
| 727 E 600 S, Unit 727e 600s | 727 E 600 S | 2BR,1BA | $2.15 |
| 511 N 100 W | 1 Beds, 1 Baths | 1BR,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.
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 #20
Among cities in Utah for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet 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 $1,599.
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

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.

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.

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.

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.