Cheap Apartments for Rent in Salt Lake City, UT from $300 (636 Rentals)

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Search the lowest-cost Apartments available for rent right now in Salt Lake City.

property at 1794 Shannon Cir

$500 - $1,350

1 To 3 Bedroom Rentals

Available Now

1794 Shannon Cir

Salt Lake CityUT84116

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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1427 Federal Way
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800
1 Bedroom Apartment Available Now

1427 Federal Way

1427 Federal WaySalt Lake City, UT 84102
Affordability

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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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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property at 29 S State St

$895 - $1,985

Studio To 2 Bedroom Rentals

Available Now

29 S State St

Salt Lake CityUT84111

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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Ashford
Rent Specials
$933 - $1,459
Total Monthly Price

Total Monthly Price

Base Rent
$933 - $1,459
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Ashford

625 S Redwood RdSalt Lake City, UT 84104
Affordability
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property at 150 S 700 E

$945 - $1,195

Studio To 1 Bedroom Rentals

Available Now

150 S 700 E

Salt Lake CityUT84102

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.

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Salt Lake City, UT Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Salt Lake City, UT

Pricing Updated: 07/07/2026

Current apartment rentals in the Salt Lake City, UT area range in price from $500 to $17,137 with an overall median price of $5,612. The three Salt Lake City neighborhoods with the lowest median rent pricing are Downtown Bountiful at $949, East Millcreek at $900, and Rose Park at $908. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Salt Lake City Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Bountiful$1,709$94914
East Millcreek$1,807$90033
Rose Park$2,083$90821
Bountiful Heights$2,100$94933
Oquirrh Park$2,111$1,189146
Westpointe$2,156$1,00013
Poplar Grove$2,166$600597
Glendale$2,177$999168
West Salt Lake$2,177$500344
Enchanted Village$2,199$1,02953

Cheapest Available Salt Lake City Apartments for Rent

 

The cheapest available apartment rental in Salt Lake City, UT is a 1 Bed unit found at Residences at Fireclay II Senior in the Exoburbs East neighborhood priced from $527. Colony B in the Downtown Salt Lake City neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Salt Lake City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Residences at Fireclay II SeniorEmber 30%1BR,1BA$527
Colony BSection 42 StudiosStudio,1BA$600
Washington Flats0/1 233sfStudio,1BA$635
FairparkMAStudio,1BA$649
Greenprint GatewayMB3Studio,1BA$679
Greenprint West TempleStudio Effeciency EStudio,1BA$689
Greenprint North TempleB M8Studio,1BA$725
JudeStudioStudio,1BA$799
Eleanor RigbyStudio AStudio,1BA$799
Citizens West 2 & 3Senior StudiosStudio,1BA$799

Best Value Apartments for Rent in Salt Lake City, UT

As of July 07, 2026 the best value apartment in the Salt Lake City area is the $1.00 price per square foot 3x2.5 Model at Townhomes at Mountain Ridge in the in the Exoburbs East neighborhood starting from $1,499. The second greatest value Salt Lake City apartment is the Standard W/FENCE Model at Summer Garden starting at $1,650 with a $1.18 price per square foot in the Mountain View Estates neighborhood. Here is today’s list of the best values for Salt Lake City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes at Mountain Ridge3x2.53BR,2.5BA$1.00
Summer GardenStandard W/FENCE2BR,1.5BA$1.18
Westminster on the Draw4 Beds, 2 baths4BR,2BA$0.65
1825 E Ramona Ave, Unit Basement Apartment1825 E Ramona Ave2BR,1BA$1.15
The 500 Townhome Apartments2 Bedroom Apartment2BR,1BA$1.16
Cambridge Cove2x22BR,2BA$1.15
Westwood Apartments2 Beds, 1 Baths2BR,1BA$0.99
4715-4727 S 1300 E2 Beds, 1 Baths2BR,1BA$1.10
Park Central2x1R2BR,1BA$1.16
Pine Valley2x1b2BR,1BA$1.16

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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Real 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.

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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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Salt Lake City Overview

Salt Lake City, Utah, is the capital and biggest city in Utah. Often shortened to Salt Lake or SLC, the city is home to the headquarters of the Mormon faith. SLC is relatively culturally diverse and is consistently rated in the top 100 US cities to live in. Unemployment is below national average, getting around town is convenient and the options for places to live in a home or one of the many great Salt Lake City apartments provides the folks who live here a prime spot to call home.

Why live in Salt Lake City, UT?

Salt Lake City is nestled between the Great Salt Lake the Wasatch Mountains, providing an excellent location for anyone who enjoys the outdoors. The skiing is said to be the best in the country and during summer months residents can take advantage of warm, dry weather to hike, camp, or take part in other outdoor activities. The city is consistently ranked as very livable and family friendly. The economy is doing well with low unemployment rates and a thriving local economy of locally owned and operated businesses as well as being the national center of industrial banking.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Salt Lake City, UT Rentals by Map

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See the most popular apartments and homes in Salt Lake City, UT

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Salt Lake City, UT Area Reviews

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Scott

March 22, 2026

Salt Lake City is an awesome city for people who are craving both downtown living and convenience with outdoor access. It is also very safe and has so much to do, no matter what you are into.

Frequently Asked Questions about Cheap Salt Lake City Apartments

What is a cheap apartment in Salt Lake City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Salt Lake City is under $799.

What is the price of a cheap apartment in Salt Lake City?

The cheapest apartment in Salt Lake City is 1427 Federal Way which is listed at $800, while the average apartment in Salt Lake City costs $5,612.

What types of apartments are the cheapest in Salt Lake City?

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 3,074 regular apartments in Salt Lake City 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 Salt Lake City?

Cheap apartments in Salt Lake City have an average cost of $256 which is $5,356 cheaper than the average rent for all rentals in Salt Lake City.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Salt Lake City

Written by: Ty Bronicel

Salt Lake City, the capital of the gorgeous state of Utah — where I was born and raised — has gone gangbusters boom-bang-boom ever since the Winter Olympics were held here in 2002.

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The Ultimate Guide to Affordable Student Living in Salt Lake Citys College Neighborhoods

Written by: Scott Houghton

Salt Lake City is a great city that blends big-city access with small-city comfort. Up near the University of Utah, mornings start with views of the foothills and a quick TRAX ride to class.

decorative image for Your Salt Lake City Rental Guide: Where to Live When You Work for the City's Biggest Employers article

Your Salt Lake City Rental Guide: Where to Live When You Work for the City's Biggest Employers

Written by: Scott Houghton

I'm Scott, your ApartmentHomeLiving.com Local Expert for Salt Lake City, Utah.

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Salt Lake City Like a Local: An Insiders Guide to Utahs Capital City

Written by: Scott Houghton

Hi, I'm Scott, your ApartmentHomeLiving.com Local Expert for Salt Lake City, Utah.

Articles, How-To's, and Tips

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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.

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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.

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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.

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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.