
Cheap Apartments for Rent in the Central Business District Provo, UT from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Provo.


355 E 500 N

355 E 500 N

355 E 500 N

355 E 500 N
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.

355 E 500 N

355 E 500 N

516 N 720 E

865 N 500 W

855 E 700 N
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.

595 N University Ave

Total Monthly Price
642 N 200 E, Unit 206

Total Monthly Price
577 North 100 West #103, Unit Pines Condo Student private room with bath

355 E 500 N

Conerstone Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 | $1,193 | $1,015 | $1,280 |
| Central Business District 1 Bedroom Apartments | $1,185 | $365 | $1,629 |
| Central Business District 2 Bedroom Apartments | $1,554 | $485 | $2,495 |
| Central Business District 3 Bedroom Apartments | $1,435 | $565 | $1,800 |
| Central Business District 4 Bedroom Apartments | $610 | $600 | $620 |
Browse Apartments in this Neighborhood
There are currently 16 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 Palladium priced from $1,140. 400 Element has the second lowest priced unit, which is a Studio apartment currently listed from $1,199. Here are the most affordable Central Business District apartments for rent in Provo, UT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Palladium | 1x1 | 1BR,1BA | $1,140 |
| 400 Element | Studios | Studio,1BA | $1,199 |
| Ascent at Union Square | 1 Bedroom | 1BR,1BA | $1,199 |
| 200 City View | Cambridge | 1BR,1BA | $1,245 |
| The Boulders | 1 Bedroom 577 sf | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Central Business District, UT
As of March 22, 2026 the best value apartment in the Central Business District area is the $0.54 price per square foot 4x2 Model at Fleur De Lis Apartments - Student Housing in the in the Carterville neighborhood starting from $650. The second greatest value Central Business District apartment is the 2x2 ADA Model at The Station at Mill Race starting at $1,699 with a $1.84 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. |
|---|---|---|---|
| Fleur De Lis Apartments - Student Housing | 4x2 | 4BR,2BA | $0.54 |
| The Station at Mill Race | 2x2 ADA | 2BR,2BA | $1.84 |
| 134-138 S 300 W | 2 Beds, 1 Baths | 2BR,1BA | $1.40 |
| Liberty Center | Cedar | 2BR,2BA | $1.95 |
| High Line Square | HL1.1.1 | 1BR,1BA | $1.88 |
| 200 City View | Cambridge | 1BR,1BA | $1.74 |
| 400 Element | Studios | Studio ,1BA | $1.98 |
| Palladium | 1x1 | 1BR,1BA | $1.90 |
| Ascent at Union Square | 1 Bedroom | 1BR,1BA | $2.09 |
| The Boulders | 1 Bedroom 560 sf | 1BR,1BA | $2.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 #11
Among cities in Utah for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Central Business District Apartments
What is a cheap apartment in Central Business District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Business District is under $1,682.
What is the price of a cheap apartment in Central Business District?
The cheapest apartment in Central Business District is Palladium which is listed at $1,140, while the average apartment in Central Business District costs $1,687.
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 6 regular apartments in Central Business District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.