Cheap Apartments for Rent in the Central Business District Provo, UT from $300 (26 Rentals)

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

property at 151 E 300 N

$449

Total Monthly Price

Total Monthly Price

Base Rent
$449

Total Monthly Price
$449

3 Bedroom, 2 Bath Condo for Rent

Available Aug 24

151 E 300 N

ProvoUT84606
property at 547 N 300 E

$525 - $600

Total Monthly Price

Total Monthly Price

Base Rent
$525 - $600

Total Monthly Price
$525 - $600

3 Bedroom, 3 Bath Condo for Rent

Available Soon

547 N 300 E

ProvoUT84606
property at 62 W 700 N

$525

Total Monthly Price

Total Monthly Price

Base Rent
$525

Total Monthly Price
$525

3 Bedroom, 3 Bath Condo for Rent

Available Aug 24

62 W 700 N, Unit 222

62 W 700 N
ProvoUT84601

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.

property at 898 E 700 N

$580

Total Monthly Price

Total Monthly Price

Base Rent
$580

Total Monthly Price
$580

4 Bedroom, 2 Bath Condo for Rent

Available Aug 21

898 E 700 N, Unit G2

898 E 700 N
ProvoUT84606

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.

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Summer Pointe (old)
2 Bedroom Apartments

Summer Pointe (old)

620 N 100 WProvo, UT 84601
Student Housing
  • Utilities Included
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Center Pointe
2 Bedroom Apartments

Center Pointe

562 N 200 EProvo, UT 84606
Student Housing
  • Utilities Included

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.

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University Park
3 Bedroom Apartments

University Park

225 E 700 NProvo, UT 84606
Student Housing

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.

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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 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 ListingModel NameBed/BathPriced From
Harman House StudiosHarman House Studios - 2GStudio,1BA$925
350 S 900 E1/11BR,1BA$950
511 N 100 W1 Beds, 1 Baths1BR,1BA$1,000
Palladium1x11BR,1BA$1,149
Ascent at Union SquareStudio RenovatedStudio,1BA$1,225
The Boulders1 Bedroom 577 sf1BR,1BA$1,306
The Station at Mill RaceA1 1x11BR,1BA$1,430
200 City ViewCovey1BR,1BA$1,430
Liberty CenterAsh1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
High Line SquareHL2.2.12BR,2BA$1.67
400 Element2 Bedroom2BR,2BA$1.47
The Village at South CampusPlan A Mens4BR,2BA$0.62
Liberty on Eighth3x23BR,2BA$0.59
873 N 600 W873 N 600 W1BR,1BA$1.39
Liberty SquareMadison 63BR,2BA$0.53
Sixty Three CenterSundance2BR,1.5BA$1.85
The Station at Mill RaceA1 1x11BR,1BA$1.94
511 N 100 W1 Beds, 1 Baths1BR,1BA$1.42
Palladium1x11BR,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.

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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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Quick 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.

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Pet Friendly Lifestyle
Central Business District, Provo, UT

Ranked #29

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

Pet Friendliness Lifestyle Score

3.0
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 $1,326.

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

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.