Cheap Homes for Rent in Salt Lake City, UT from $500 (240 Rentals)

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

Salt Lake City Like a Local: An Insider's Guide to Utah's Capital City

Find your perfect neighborhood in Salt Lake City. Read a local's guide to Sugar House, The Avenues, Liberty Wells, and Downtown, covering transit, rental costs, and city life.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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

Find the sweet spot for renting in Salt Lake City. Explore neighborhoods like Sugar House, The Avenues, and Draper to find apartments that offer great livability and a short commute to the city's biggest employers.

property at 1427 E Federal Way

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1427 E Federal Way, Unit 2

1427 E Federal Way
Salt Lake CityUT84102
property at 3636 S 1300 E

$830

6 Bedroom, 3.5 Bath Rentals

Available Sep 1

3636 S 1300 E

Salt Lake CityUT84106

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

property at 273-275 S 400 E

$875 - $900

1 Bedroom Rentals

Available Now

273-275 S 400 E

Salt Lake CityUT84111

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.

Salt Lake City, UT Local Guide

Cheapest Neighborhoods for Apartments in Salt Lake City, UT

Pricing Updated: 08/19/2026

Current apartment rentals in the Salt Lake City, UT area range in price from $509 to $24,249 with an overall median price of $1,674. The three Salt Lake City neighborhoods with the lowest median rent pricing are Rose Park at $1,284, East Millcreek at $1,320, and Jordan Meadows at $1,322. 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
Rose Park$1,284$90831
East Millcreek$1,320$99028
Jordan Meadows$1,322$759268
West Salt Lake$1,336$600344
Northwest Coalition$1,347$759324
Westpointe$1,350$99525
Poplar Grove$1,364$509543
West Ridge Estates$1,399$75086
Canyon Road$1,400$700186
Kearns$1,422$76239

Cheapest Available Salt Lake City Apartments for Rent

 

The cheapest available apartment rental in Salt Lake City, UT is a Studio unit found at Casa Milagros 62+ Senior Housing Community in the Downtown Salt Lake City neighborhood priced from $509. Residences at Fireclay II Senior in the Exoburbs East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $527. Here is today’s list of the most affordable Salt Lake City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Casa Milagros 62+ Senior Housing CommunityStudioStudio,1BA$509
Residences at Fireclay II SeniorEmber 30%1BR,1BA$527
1162 E 400 S1 Beds, 1 Baths1BR,1BA$599
9Ten WestStudio A2Studio,1BA$600
LatitudeStudioStudio,1BA$606
Washington Flats0/1 233sfStudio,1BA$625
Greenprint GatewayMB3Studio,1BA$679
FairparkMAStudio,1BA$689
Greenprint North TempleB M8Studio,1BA$725
The Draw Sugar House ApartmentsFive Bedroom- Student5BR,2BA$790

Best Value Apartments for Rent in Salt Lake City, UT

As of August 19, 2026 the best value apartment in the Salt Lake City area is the $0.84 price per square foot 1364 Northridge Dr Model at 1364 Northridge Dr, Unit 2 in the in the Bountiful Heights neighborhood starting from $1,850. The second greatest value Salt Lake City apartment is the 3BR/2.0BA Model at Bentwood Apartments starting at $1,649 with a $1.06 price per square foot in the West Valley City 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.
1364 Northridge Dr, Unit 21364 Northridge Dr2BR,2BA$0.84
Bentwood Apartments3BR/2.0BA3BR,2BA$1.06
Townhomes at Mountain Ridge3x2.53BR,2.5BA$1.07
Ascent at Autumn Glen2X1 Lofted2BR,1BA$1.04
2550 South Main Apartments2X2 H2BR,2BA$1.13
133 W 300 N, Unit #137133 W 300 N2BR,1BA$0.90
A - 956 East 600 South956 East 600 South, Salt Lake City, UT 84102 - 11BR,1BA$0.99
336-346 E 3360 S2 Beds, 1 Baths2BR,1BA$1.12
Ascent at MarmaladeB12BR,1BA$1.12
Residences at Fireclay II SeniorEmber 30%1BR,1BA$0.83

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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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 Salt Lake City

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

There are currently 2094 Apartments for Rent in Salt Lake City, UT with pricing that ranges from $509 to $24,249. There are also 807 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salt Lake City ranging from $500 to $10,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Salt Lake City ranges from $500 to $10,000 with an average monthly rent of $2,192.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Salt Lake City range from $695 to $15,768, while Three Bedroom Homes, Condos, and Townhomes for rent range from $550 to $5,995. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $795.

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.

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

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