
Cheap Homes for Rent in University Neighborhood of Provo, UT from $300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Provo.


1080 E 450 N

534 N 500 E

355 E 500 N, Unit 2

948 50 E
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.

112 W 1230 N St

761 E 820 N

284 E 600 N, Unit 11

547 N 300 E

986 900 E
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.

577 N 100 W St, Unit 103

1931 N Canyon Rd, Unit 316

591 N University Ave, Unit 116, Unit 116

355 E 500 N, Unit 2

1937 N Canyon Rd, Unit 304
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.
University, Provo, UT Local Guide

How much does it cost to rent a home in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University 2 Bedroom Homes for Rent | $1,088 | $490 | $1,795 |
| University 3 Bedroom Homes for Rent | $731 | $369 | $2,200 |
| University 4 Bedroom Homes for Rent | $625 | $625 | $625 |
| University 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 15 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 $999. 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 | $999 |
| Palladium | 1x1 | 1BR,1BA | $1,099 |
| Cambridge | Keystone | 1BR,1BA | $1,240 |
| Timpanogos Towers | 1x1 | 1BR,1BA | $1,259 |
| High Line Square | HL1.1.1 | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in University, UT
As of April 24, 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 2x1 Model at Stadium150 starting at $542 with a $0.54 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 |
| Stadium150 | 2x1 | 2BR,1BA | $0.54 |
| High Line Square | HL1.1.2 | 1BR,1BA | $2.19 |
| Timpanogos Towers | 1x1 | 1BR,1BA | $1.80 |
| Palladium | 1x1 | 1BR,1BA | $1.83 |
| Cambridge | Keystone | 1BR,1BA | $2.36 |
| Lookout Pointe | Studio | Studio ,1BA | $2.22 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 University
What type of rentals are currently available in University?
There are currently 114 Apartments for Rent in University, UT with pricing that ranges from $365 to $3,200. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $369 to $2,200.
What is the current price range for Rental Homes in University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University ranges from $369 to $2,200 with an average monthly rent of $1,020.
How much are larger Three and Four Bedroom Rentals in University?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University range from $467 to $2,724, while Three Bedroom Homes, Condos, and Townhomes for rent range from $369 to $2,200. Four Bedroom Single-Family rentals are also available starting from $625 and Four Bedroom Apartments start at $485.
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.