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Cheap Apartments for Rent in the Central Business District Provo, UT from $300 (2 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Provo.
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.
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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.
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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 | $1,231 | $1,045 | $1,500 |
| Central Business District 1 Bedroom Apartments | $1,357 | $950 | $1,544 |
| Central Business District 2 Bedroom Apartments | $1,627 | $995 | $2,599 |
| Central Business District 3 Bedroom Apartments | $1,367 | $1,250 | $1,485 |
Browse Apartments in this Neighborhood
There are currently 2 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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Best Value Apartments for Rent in Central Business District, UT
As of October 21, 2025 the best value apartment in the Central Business District area is the $1.47 price per square foot HL2.3.1 Model at High Line Square in the in the University neighborhood starting from $2,599. The second greatest value Central Business District apartment is the 5x3 Model at CollegePlace Provo starting at $680 with a $0.40 price per square foot in the University 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 | HL2.3.1 | 2BR,3BA | $1.47 |
| CollegePlace Provo | 5x3 | 5BR,3BA | $0.40 |
| CollegePlace Woodland | 4x2 A Female | 4BR,2BA | $0.53 |
| 389 S State St, Unit 20 | 389 S State St | 2BR,1.5BA | $1.25 |
| 134-138 S 300 W | 2 Beds, 1 Baths | 2BR,1BA | $1.40 |
| 200 City View | Cambridge | 1BR,1BA | $2.09 |
| Ascent at Union Square | 1 Bedroom | 1BR,1BA | $2.09 |
| 400 Element | Studios | Studio ,1BA | $2.15 |
| The Boulders | 1 Bedroom 560 sf | 1BR,1BA | $1.93 |
| 547 W 200 N, Unit 2 | 547 W 200 N | 1BR,1BA | $1.90 |
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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The 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.
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Pet Friendly LifestyleCentral Business District, Provo, UT
Ranked #25
Among cities in Utah for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 $1,275.
What is the price of a cheap apartment in Central Business District?
The cheapest apartment in Central Business District is The Boulders which is listed at $1,083, while the average apartment in Central Business District costs $1,666.
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
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.