
Cheap Apartments for Rent in the University Neighborhood of Provo, UT from $300 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Provo.


1080 E 450 N

355 E 500 N, Unit 2

Total Monthly Price
221 W 2230 N

284 E 600 N, Unit 11

547 N 300 E

355 E 500 N, Unit 1
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.

1152 E 560 N

516 N 720 E

421 Belmont Pl

437 Belmont Pl

532 N Seven Peaks Blvd

855 E 700 N

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.

1931 N Canyon Rd

1931 N Canyon Rd, Unit 316

577 N 100 W St, Unit 103

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

1937 N Canyon Rd

591 N University Ave, Unit 116, Unit 116

935 N University Ave
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.

355 E 500 N, Unit 2

1937 N Canyon Rd, Unit 304

Total Monthly Price
1931 N Canyon Rd, Unit Timpanogos Gateway #316.Private room contract, Unit Timpanogos Gateway #316.Private room contract

455 Belmont Pl

Total Monthly Price
543 N University Ave, Unit 208, Unit 208

483 Belmont Pl

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.

761 E 820 N

986 900 E

440 E 700 N
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 | $1,137 | $1,015 | $1,249 |
| University 1 Bedroom Apartments | $1,111 | $365 | $1,789 |
| University 2 Bedroom Apartments | $1,045 | $479 | $2,049 |
| University 3 Bedroom Apartments | $1,735 | $467 | $2,724 |
| University 4 Bedroom Apartments | $621 | $485 | $750 |
Browse Apartments in this Neighborhood
There are currently 31 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 Studio unit found at Lookout Pointe priced from $1,015. Palladium has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable University apartments for rent in Provo, UT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lookout Pointe | Studio | Studio,1BA | $1,015 |
| Palladium | 1x1 | 1BR,1BA | $1,099 |
| Cambridge | Keystone | 1BR,1BA | $1,240 |
| Timpanogos Towers | 1x1 | 1BR,1BA | $1,429 |
| High Line Square | HL1.1.4 | 1BR,1BA | $1,499 |
| Towns at Rivers Edge | Arches | 2BR,2BA | $2,049 |
Best Value Apartments for Rent in University, UT
As of April 29, 2026 the best value apartment in the University area is the $1.78 price per square foot Arches Model at Towns at Rivers Edge in the in the Lake View North neighborhood starting from $2,049. The second greatest value University 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 University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Towns at Rivers Edge | Arches | 2BR,2BA | $1.78 |
| The Village at South Campus | Plan A Mens | 4BR,2BA | $0.65 |
| Stadium150 | 2x1 | 2BR,1BA | $0.54 |
| High Line Square | HL1.1.2 | 1BR,1BA | $2.19 |
| Timpanogos Towers | 1x1 | 1BR,1BA | $2.04 |
| Palladium | 1x1 | 1BR,1BA | $1.83 |
| Cambridge | Keystone | 1BR,1BA | $2.36 |
| Lookout Pointe | Studio | Studio ,1BA | $2.26 |
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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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 the price of a cheap apartment in University?
The cheapest apartment in University is Lookout Pointe which is listed at $1,025, while the average apartment in University costs $3,200.
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 8 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 $217 which is $2,983 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

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.

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.

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.