
Cheap Apartments for Rent in the Downtown Provo Neighborhood of Provo, UT from $300 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Provo area of Provo.


355 E 500 N, Unit 1

355 E 500 N, Unit 4

355 E 500 N, Unit 4

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
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 4

355 E 500 N, Unit 3

355 E 500 N, Unit 2

355 E 500 N, Unit 2

355 E 500 N, Unit 2

355 E 500 N, Unit 2

848 N 600 W

595 N University Ave
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, Unit 1

355 E 500 N, Unit 3

355 E 500 N, Unit 1

935 N University Ave

355 E 500 N, Unit 2

Total Monthly Price
543 N University Ave, Unit 208

846 N 600 W, Unit Room 1

150 N 100 E

162 N 400 W, Unit Daniels Square # 9
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.

Sixty Three Center

419 100 N

334 W 200 N

174 E 300 S

866 600 W

Ascent at Union Square

Palladium

550 W 200 S

266 N 300 E
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.

The Station at Mill Race

415 100 N

32-28 E 300 S

265 E 200 N

400 Element

526 600 W, Unit 1

151 E 300 N

747 N 200 E

440 E 700 N
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.

Rebel Apartments

511 N 100 W

Central Park Station

Eagle Tree Apartments
Downtown Provo, Provo, UT Local Guide

How much does it cost to rent an apartment in Downtown Provo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Provo Studio Apartments | $1,164 | $900 | $1,273 |
| Downtown Provo 1 Bedroom Apartments | $1,018 | $365 | $1,550 |
| Downtown Provo 2 Bedroom Apartments | $1,591 | $1,110 | $2,010 |
| Downtown Provo 3 Bedroom Apartments | $955 | $558 | $1,750 |
| Downtown Provo 4 Bedroom Apartments | $1,168 | $575 | $2,750 |
Browse Apartments in this Neighborhood
There are currently 49 rentals with your search options within a 2 mile radius of the Downtown Provo Neighborhood of Provo, UT.
See all Apartments in ProvoExplore Provo
Downtown Provo, Provo, UT Local Guide
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Cheapest Available Downtown Provo Apartments for Rent
 The cheapest available apartment rental in the Downtown Provo area of Provo, UT is a 1 Bed unit found at Ascent at Union Square priced from $1,149. 511 N 100 W has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Downtown Provo apartments for rent in Provo, UT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ascent at Union Square | 1 Bedroom | 1BR,1BA | $1,149 |
| 511 N 100 W | 1 Beds, 1 Baths | 1BR,1BA | $1,150 |
| 400 Element | Studios | Studio,1BA | $1,199 |
| The Station at Mill Race | S2 | Studio,1BA | $1,242 |
| 200 City View | Franklin | 1BR,1BA | $1,385 |
| High Line Square | HL1.1.4 | 1BR,1BA | $1,499 |
| Liberty Center | Birch | 2BR,2BA | $2,015 |
Best Value Apartments for Rent in Downtown Provo, UT
As of June 10, 2026 the best value apartment in the Downtown Provo area is the $2.01 price per square foot Birch Model at Liberty Center in the in the Carterville neighborhood starting from $2,015. The second greatest value Downtown Provo apartment is the 3x2 Model at Liberty on Eighth starting at $558 with a $0.58 price per square foot in the University neighborhood. Here is today’s list of the best values for Downtown Provo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Liberty Center | Birch | 2BR,2BA | $2.01 |
| Liberty on Eighth | 3x2 | 3BR,2BA | $0.58 |
| High Line Square | HL1.1.2 | 1BR,1BA | $2.23 |
| Bountiful Court Apartments | Fall/Winter | 2BR,1BA | $0.62 |
| 200 City View | Franklin | 1BR,1BA | $2.15 |
| 511 N 100 W | 1 Beds, 1 Baths | 1BR,1BA | $1.83 |
| 400 Element | Studios | Studio ,1BA | $1.98 |
| The Station at Mill Race | S2 | Studio ,1BA | $2.08 |
| Ascent at Union Square | 1 Bedroom | 1BR,1BA | $2.00 |
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 LifestyleDowntown Provo, Provo, UT
Ranked #19
Among cities in Utah for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Provo Apartments
What is a cheap apartment in Downtown Provo?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Provo is under $2,015.
What is the price of a cheap apartment in Downtown Provo?
The cheapest apartment in Downtown Provo is Ascent at Union Square which is listed at $1,149, while the average apartment in Downtown Provo costs $1,690.
What types of apartments are the cheapest in Downtown Provo?
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 1 regular apartments in Downtown Provo 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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.