Cheap Homes for Rent in Downtown Salt Lake City Neighborhood of Salt Lake City, UT from $700 (30 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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.

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.

Read Article
property at 273-275 S 400 E

273-275 S 400 E

Salt Lake CityUT84111

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
property at 427 E 1st Ave

427 E 1st Ave

Salt Lake CityUT84103
property at 29 S State St

29 S State St

Salt Lake CityUT84111

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
property at 31 M St

31 M St

Salt Lake CityUT84103
property at 1314 S 500 E

1314 S 500 E

Salt Lake CityUT84105

Salt Lake City's Best Affordable Neighborhoods

Learn about Salt Lake City and the best places to live with original content written by our Salt Lake City, UT Local Expert Ty Bronicel

Read Article
property at 360 W Broadway

360 W Broadway

Salt Lake CityUT84101
Showing Results 1-30, Page 1 of 1

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 Greenprint at the Trax priced from $699. Greenprint North Temple has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Downtown Salt Lake City apartments for rent in Salt Lake City, UT:

Apartment ListingModel NameBed/BathPriced From
Greenprint at the Trax840 Eff 2Studio,1BA$699
Greenprint North TempleB M8Studio,1BA$725
Colony BSection 42 StudiosStudio,1BA$739
The RampStudiosStudio,1BA$749
FairparkMAStudio,1BA$750
Washington Flats0/1 233sfStudio,1BA$750
Greenprint GatewayMB2Studio,1BA$879
Bigelow Chapman ApartmentsB0 - Studio - LIH - BigelowStudio,1BA$895
JudeStudioStudio,1BA$899
Eleanor RigbyStudioStudio,1BA$899

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

As of May 29, 2025 the best value apartment in the Downtown Salt Lake City area is the $1.28 price per square foot 616 S Miller Ave Model at 616 S Miller Ave, Unit 616 S Miller Ave apt B in the in the Capitol Hill neighborhood starting from $1,900. The second greatest value Downtown Salt Lake City apartment is the 2 BEDROOM Model at Odell Crossing starting at $2,058 with a $1.57 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.
616 S Miller Ave, Unit 616 S Miller Ave apt B616 S Miller Ave2BR,2BA$1.28
Odell Crossing2 BEDROOM2BR,2.5BA$1.57
Prana2 Bedroom with Garage2BR,2.5BA$1.59
theBEVERLY1A1BR,1BA$1.62
Palisades Apartments2x12BR,1BA$1.62
Ascent at MarmaladeA11BR,1BA$1.17
Lofts at ReedLofts at Reed1BR,1BA$1.48
Casa Milagros 62+ Senior Housing Community2x12BR,1BA$1.35
Bridges Apartment Homes1X1A1BR,1BA$1.61
Palladio Apartments SLC1Bed/1Bath (a)1BR,1BA$1.62

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

Frequently Asked Questions about Downtown Salt Lake City

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

There are currently 1039 Apartments for Rent in Downtown Salt Lake City, UT with pricing that ranges from $739 to $19,242. There are also 102 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Salt Lake City ranging from $795 to $6,500.

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 $795 to $6,500 with an average monthly rent of $2,536.

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 $1,549 to $13,052, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,895. Four Bedroom Single-Family rentals are also available starting from $2,550 and Four Bedroom Apartments start at $2,395.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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 Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.