
Cheap Apartments for Rent in the University Neighborhood of Provo, UT from $300 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Provo.


2146 Timpview Dr

2146 Timpview Dr

855 E 700 N

62 W 700 N, Unit 222

1731 N 450 W

142 W 1230 N St

532 N Seven Peaks Blvd

509 Belmont Pl
Rent According to Income: A Look at Income-Restricted Rentals
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437 Belmont Pl

1931 N Canyon Rd

104 W 1230 N St

421 Belmont Pl

Lookout Pointe

The Freehand

Palladium

421 100 N

672 N 500 W
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.

99 W 880 N, Unit 1

476 N 300 E, Unit 1

Cambridge

907 E 820 N, Unit 4

598 N 100 W St

417 100 N

Conerstone Apartments

785 E 820 N

Center Pointe
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.

Summer Pointe (old)

University Park

609 N Seven Peaks Blvd

108 W 1230 N St

866 E 700 N

1969 N Canyon Rd

843 E 620 N St

432 N Seven Peaks Blvd

440 E 700 N
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.

Rebel Apartments

511 N 100 W
University, Provo, UT Local Guide

How much does it cost to rent an apartment in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Studio Apartments | $1,154 | $1,029 | $1,339 |
| University 1 Bedroom Apartments | $948 | $365 | $1,584 |
| University 2 Bedroom Apartments | $1,111 | $465 | $2,480 |
| University 3 Bedroom Apartments | $499 | $407 | $610 |
| University 4 Bedroom Apartments | $575 | $509 | $698 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 1 mile radius of the University Neighborhood of Provo, UT.
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University, Provo, UT Local Guide
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Cheapest Available University Apartments for Rent
 The cheapest available apartment rental in the University area of Provo, UT is a 3 Beds unit found at Glenwood priced from $485. Alpine Village Student Housing has the second lowest priced unit, which is a 4 Beds apartment currently listed from $610. Here are the most affordable University apartments for rent in Provo, UT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glenwood | Upgraded w/ 2 Fridges | 3BR,2BA | $485 |
| Alpine Village Student Housing | 5th Floor Premium | 4BR,2BA | $610 |
| 511 N 100 W | 1 Beds, 1 Baths | 1BR,1BA | $1,000 |
| The Freehand | Standard Studio | Studio,1BA | $1,144 |
| Cambridge | Keystone | 1BR,1BA | $1,240 |
| Lookout Pointe | 2x1 | 2BR,1BA | $1,425 |
| Timpanogos Towers | 1x1 | 1BR,1BA | $1,429 |
| High Line Square | HL2.2.1 | 2BR,2BA | $1,999 |
Best Value Apartments for Rent in University, UT
As of July 28, 2026 the best value apartment in the University area is the $0.37 price per square foot Renovated 3x2 Model at Raintree in the in the University neighborhood starting from $480. The second greatest value University apartment is the Upgraded w/ 2 Fridges Model at Glenwood starting at $485 with a $0.40 price per square foot in the University neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Raintree | Renovated 3x2 | 3BR,2BA | $0.37 |
| Glenwood | Upgraded w/ 2 Fridges | 3BR,2BA | $0.40 |
| High Line Square | HL2.2.1 | 2BR,2BA | $1.67 |
| Alpine Village Student Housing | End Cap | 4BR,2BA | $0.58 |
| The Village at South Campus | Plan A Mens | 4BR,2BA | $0.62 |
| Liberty on Eighth | 3x2 | 3BR,2BA | $0.59 |
| Lookout Pointe | 2x1 | 2BR,1BA | $1.58 |
| Timpanogos Towers | 1x1 | 1BR,1BA | $2.04 |
| 511 N 100 W | 1 Beds, 1 Baths | 1BR,1BA | $1.75 |
| Cambridge | Keystone | 1BR,1BA | $2.36 |
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.
Best Local Schools in University, Provo, UT
School data provided by Great Schools
Frequently Asked Questions about Cheap University Apartments
What is a cheap apartment in University?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University is under $1,999.
What is the price of a cheap apartment in University?
The cheapest apartment in University is 511 N 100 W which is listed at $1,000, while the average apartment in University costs $1,195.
What types of apartments are the cheapest in University?
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 9 regular apartments in University 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 University?
Cheap apartments in University have an average cost of $386 which is $809 cheaper than the average rent for all rentals in University.
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

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.

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.

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.

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.