Cheap Homes for Rent in Salt Lake City, UT from $500 (134 Rentals)

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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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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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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.

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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.

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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.

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Salt Lake City, UT Local Guide

Cheapest Neighborhoods for Apartments in Salt Lake City, UT

Pricing Updated: 01/02/2026

Current apartment rentals in the Salt Lake City, UT area range in price from $471 to $32,233 with an overall median price of $3,352. The three Salt Lake City neighborhoods with the lowest median rent pricing are Rose Park at $850, Jordan Meadows at $807, and Granger at $999. 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$1,374$85033
Jordan Meadows$1,595$807280
Granger$1,789$99951
Taylorsville$1,829$471808
Westpointe$1,913$1,10023
Foothill Sunnyside$1,925$775152
Outer East Salt Lake City$1,929$1,1751
Bonneville Hills$1,972$945108
Outer West Jordan$1,977$989304
Sunnyside East$1,988$77579

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 404 E 5600 S in the Midvale Terrace neighborhood priced from $550. Greenprint West Temple in the Downtown Salt Lake City neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Salt Lake City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
404 E 5600 S1 Beds, 1 Baths1BR,1BA$550
Greenprint West TempleStudio Effeciency EStudio,1BA$725
Greenprint North TempleB M8Studio,1BA$725
FairparkMAStudio,1BA$740
Washington Flats0/1 233sfStudio,1BA$750
Box 500StudioStudio,1BA$765
Victory HeightsStudioStudio,1BA$775
9th StationM-1Studio,1BA$796
JudeStudioStudio,1BA$799
Eleanor RigbyStudio AStudio,1BA$799

Best Value Apartments for Rent in Salt Lake City, UT

As of January 02, 2026 the best value apartment in the Salt Lake City area is the $1.22 price per square foot 3 Bedroom 2.5 Bathroom Model at Aspen Cove in the in the Northwest Coalition neighborhood starting from $1,835. The second greatest value Salt Lake City apartment is the 3x2.5 Model at Townhomes at Mountain Ridge starting at $1,599 with a $1.07 price per square foot in the Exoburbs East 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.
Aspen Cove3 Bedroom 2.5 Bathroom3BR,2.5BA$1.22
Townhomes at Mountain Ridge3x2.53BR,2.5BA$1.07
Summer GardenStandard Unit2BR,1.5BA$1.18
8838 W 3500 S, Unit Upstairs8838 W 3500 S2BR,1BA$1.15
Westwood Apartments2 Beds, 1 Baths2BR,1BA$1.19
Pine Valley2x1aR2BR,1BA$1.18
Park Central2X1TR2BR,1BA$1.16
Atherton Park ApartmentsR1F9252BR,1.25BA$1.16
Aspen Village2x12BR,1BA$1.10
Woodside at Holladay1 bed, 1 bath1BR,1BA$1.20

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

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Frequently Asked Questions about Salt Lake City

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

There are currently 2008 Apartments for Rent in Salt Lake City, UT with pricing that ranges from $471 to $32,233. There are also 470 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 $2,684.

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 $29,305, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $5,995. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $1,239.

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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.