Cheap Homes for Rent in Salt Lake City, UT from $500 (251 Rentals)

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

property at 3500 1300 E

$650

4 Bedroom, 3 Bath Rentals

Available Now

3500 1300 E

MillcreekUT84106

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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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

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 3426 W Danube Dr

$800

1 Bedroom, 1 Bath Rentals

Available Now

3426 W Danube Dr

Salt Lake CityUT84129

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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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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Showing Results 1-50, Page 1 of 6

Salt Lake City, UT Local Guide

Cheapest Neighborhoods for Apartments in Salt Lake City, UT

Pricing Updated: 07/05/2026

Current apartment rentals in the Salt Lake City, UT area range in price from $475 to $12,600 with an overall median price of $4,271. The three Salt Lake City neighborhoods with the lowest median rent pricing are Jordan Meadows at $850, Outer East Salt Lake City at $650, and Ivory Crossing at $2,200. 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
Jordan Meadows$1,325$8504
Outer East Salt Lake City$2,125$6503
Ivory Crossing$2,200$2,2001
Shelbrooke$2,295$2,2951
The North District$2,295$2,2001
Rose Park$2,299$8004
Canyon Road$2,332$47546
Glenmoor Country Estates$2,400$2,1951
Downtown Bountiful$2,500$60012
Poplar Grove$2,600$69510

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 Post District Residences Apartments in the Downtown Salt Lake City neighborhood priced from $255. 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
Post District Residences ApartmentsA231BR,1BA$255
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 05, 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
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
2640 W 3800 S2 Beds, 1 Baths2BR,1BA$1.17
Pine Valley2x1b2BR,1BA$1.16
Park Central2x1R2BR,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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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.

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

Explore Salt Lake City, UT Rentals by Map

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Salt Lake City, UT Area Reviews

  • Parks
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  • Outdoor Access
  • Cost of Living
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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 2050 Apartments for Rent in Salt Lake City, UT with pricing that ranges from $255 to $16,754. There are also 756 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salt Lake City ranging from $550 to $8,000.

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 $550 to $8,000 with an average monthly rent of $2,596.

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 $1,100 to $15,768, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $5,995. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $925.

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.