Cheap Apartments for Rent in the Central Business District Provo, UT from $300 (38 Rentals)

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

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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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

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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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.

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440 E 700 N
Studio Apartments

440 E 700 N

440 E 700 NProvo, UT 84606
Showing Results 1-38, Page 1 of 1

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 1 Bed unit found at 350 S 900 E priced from $950. Palladium has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable Central Business District apartments for rent in Provo, UT:

Apartment ListingModel NameBed/BathPriced From
350 S 900 E1/11BR,1BA$950
Palladium1x11BR,1BA$1,099
Ascent at Union Square1 Bedroom1BR,1BA$1,149
400 ElementStudiosStudio,1BA$1,199
High Line SquareHLS.4Studio,1BA$1,225
200 City ViewTimpanogosStudio,1BA$1,235
134-138 S 300 W2 Beds, 1 Baths2BR,1BA$1,250
The Station at Mill RaceA1 1x11BR,1BA$1,401

Best Value Apartments for Rent in Central Business District, UT

As of May 07, 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 Plan A Mens Model at The Village at South Campus starting at $690 with a $0.65 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fleur De Lis Apartments - Student Housing4x24BR,2BA$0.54
The Village at South CampusPlan A Mens4BR,2BA$0.65
873 N 600 W873 N 600 W1BR,1BA$1.28
134-138 S 300 W2 Beds, 1 Baths2BR,1BA$1.40
Liberty CenterCedar2BR,2BA$2.04
The Boulders2 bedroom 2 Bath2BR,2BA$1.79
Ascent at Union Square2 Bedrooms2BR,1BA$2.00
The Station at Mill RaceA1 1x11BR,1BA$1.90
400 ElementStudiosStudio ,1BA$1.98
Palladium1x11BR,1BA$1.83

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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.

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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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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.

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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 #14

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,401.

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 $1,650.

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 5 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.