Cheap Homes for Rent in the Downtown Salt Lake City Neighborhood of Salt Lake City, UT from $500 (67 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Downtown Salt Lake City area of Salt Lake City.

property at 738 S 1300 E

$650

1 Bedroom Rentals

Available Aug 5

738 S 1300 E

Salt Lake CityUT84102
property at 161 S 1100 E

$700

6 Bedroom, 3 Bath Rentals

Available Now

161 S 1100 E

Salt Lake CityUT84102

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.

Read Article
property at 581 Oak View Ct

$900

6 Bedroom, 4.5 Bath Rentals

Available Jul 15

581 Oak View Ct

North Salt LakeUT84054

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.

Read Article
property at 1040 E 200 S

$925 - $1,025

1 Bedroom Rentals

Available Now

1040 E 200 S

Salt Lake CityUT84102
property at 427 E 1st Ave

$950

1 Bedroom Rentals

Available Aug 10

427 E 1st Ave

Salt Lake CityUT84103

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.

Read Article
property at 59 N Chicago St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

2 Bedroom, 1 Bath Townhome for Rent

Available Now

59 N Chicago St

Salt Lake CityUT84116

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.

Read Article
property at 514 E 500 S

$1,095 - $1,160

1 Bedroom Rentals

Available Now

514 E 500 S

Salt Lake CityUT84102
property at 252 N Quince St

$1,200

2 Bedroom, 1 Bath Rentals

Available Now

252 N Quince St

Salt Lake CityUT84103

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.

Read Article
Showing Results 1-50, Page 1 of 2

Downtown Salt Lake City, Salt Lake City, UT Local Guide

Cheapest Available Downtown Salt Lake City Apartments for Rent

 

The cheapest available apartment rental in the Downtown Salt Lake City area of Salt Lake City, UT is a Studio unit found at Washington Flats priced from $635. Fairpark has the second lowest priced unit, which is a Studio apartment currently listed from $649. Here are the most affordable Downtown Salt Lake City apartments for rent in Salt Lake City, UT:

Apartment ListingModel NameBed/BathPriced From
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
Eleanor RigbyStudio AStudio,1BA$799
JudeStudioStudio,1BA$799
Citizens West 2 & 3Senior StudiosStudio,1BA$799
1427 Federal Way1427 Federal Way1BR,1BA$800
Breelynn ApartmentsStudioStudio,1BA$835

Best Value Apartments for Rent in Downtown Salt Lake City, UT

As of July 12, 2026 the best value apartment in the Downtown Salt Lake City area is the $1.33 price per square foot 534 Hidden Cir Model at 534 Hidden Cir, Unit 534HiddenCircle in the in the Capitol Hill neighborhood starting from $1,600. The second greatest value Downtown Salt Lake City apartment is the 2 Beds, 1 Baths Model at Sunset View Apartments starting at $1,295 with a $1.30 price per square foot in the Downtown Salt Lake City neighborhood. Here is today’s list of the best values for Downtown Salt Lake City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
534 Hidden Cir, Unit 534HiddenCircle534 Hidden Cir2BR,1.5BA$1.33
Sunset View Apartments2 Beds, 1 Baths2BR,1BA$1.30
A - 956 East 600 South956 East 600 South, Salt Lake City, UT 84102 - 11BR,1BA$1.08
644 City StationBristol1BR,1BA$1.53
The Pointe at Northridge2 Bed, 1 Bath2BR,1BA$1.54
995 - 1009 South 400 East, SLC, UT 84111995 - 1009 South 400 East, SLC, UT 84111 - 10051BR,1BA$1.24
Casa Milagros 62+ Senior Housing Community2x12BR,1BA$1.47
555 S 800 E1 Beds, 1 Baths1BR,1BA$1.29
Ascent at MarmaladeA31BR,1BA$1.50
Ball Park Apartments- 55 and over community1A1BR,1BA$1.46

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Salt Lake City, Salt Lake City, UT

Ranked #3

Among cities in Utah for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Downtown Salt Lake City

What type of rentals are currently available in Downtown Salt Lake City?

There are currently 1067 Apartments for Rent in Downtown Salt Lake City, UT with pricing that ranges from $600 to $16,754. There are also 284 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Salt Lake City ranging from $515 to $6,000.

What is the current price range for Rental Homes in Downtown Salt Lake City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Salt Lake City ranges from $515 to $6,000 with an average monthly rent of $2,413.

How much are larger Three and Four Bedroom Rentals in Downtown Salt Lake City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Salt Lake City range from $750 to $15,768, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,500. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $1,695.

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

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

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.

decorative image for The Ultimate Guide to Affordable Student Living in Salt Lake Citys College Neighborhoods article

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.

decorative image for Salt Lake City Like a Local: An Insider's Guide to Utahs Capital City article

Salt Lake City Like a Local: An Insider's 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.