Cheap Apartments for Rent in the University Neighborhood of Salt Lake City, UT from $600 (85 Rentals)

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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.

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Elevate on 5th
Rent Specials
$1,308 - $2,453
Total Monthly Price

Total Monthly Price

Base Rent
$1,308 - $2,453
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Elevate on 5th

343 S 500Salt Lake City, UT 84102
Transit Friendly
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  • Customer Reviewed
  • 3D Tour
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The Essex
Rent Specials
$1,380 - $3,482
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $3,482
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Essex

350 S 600 ESalt Lake City, UT 84102
Family Friendly
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  • Utilities Included

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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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1234 Alameda Ave
1 to 2 Bedroom Apartments

1234 Alameda Ave

1234 Alameda AveSalt Lake City, UT 84102
  • Utilities Included
  • Smoke Free
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Sapphire Springs
1 to 2 Bedroom Apartments

Sapphire Springs

730 S 1200 ESalt Lake City, UT 84102
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Devereaux Apartments
1 to 2 Bedroom Apartments

Devereaux Apartments

130 S 900 ESalt Lake City, UT 84102
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Westcliff Apartments
Studio to 1 Bedroom Apartments

Westcliff Apartments

419 E 200 SSalt Lake City, UT 84111
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Friendship Manor
Studio to 2 Bedroom Apartments

Friendship Manor

1320 E 500 SSalt Lake City, UT 84102
Senior Living

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University, Salt Lake City, UT Local Guide

Cheapest Available University Apartments for Rent

 

The cheapest available apartment rental in the University area of Salt Lake City, UT is a Studio unit found at Victory Heights priced from $799. Breelynn Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $835. Here are the most affordable University apartments for rent in Salt Lake City, UT:

Apartment ListingModel NameBed/BathPriced From
Victory HeightsStudioStudio,1BA$799
Breelynn ApartmentsStudioStudio,1BA$835
Bigelow ChapmanB0 - Studio - LIH - BigelowStudio,1BA$895
Council Crest Apartments0BR/1.0BAStudio,1BA$899
Ben Albert1 Bedroom1BR,1BA$899
The Apartments at Indigo1BR/1BA1BR,1BA$957
Seven65 LoftsStudioStudio,1BA$999
Franciscan Apartments1BR/1.0BA1BR,1BA$999
Sundance Apartments1BR/1.0BA1BR,1BA$1,049

Best Value Apartments for Rent in University, UT

As of April 09, 2026 the best value apartment in the University area is the $1.58 price per square foot 935 S 700 E Model at 935 S 700 E, Unit Main in the in the Downtown Salt Lake City neighborhood starting from $1,550. The second greatest value University apartment is the 2x1-R Model at Palisades Apartments starting at $1,429 with a $1.59 price per square foot in the Downtown Salt Lake City neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
935 S 700 E, Unit Main935 S 700 E2BR,1BA$1.58
Palisades Apartments2x1-R2BR,1BA$1.59
Princeton Lofts3 bedroom3BR,1BA$1.76
Brigadoon Apartments2BR/1.0BA2BR,1BA$1.49
The Braxton at Trolley Square1 Bedroom 1 Bath1BR,1BA$1.82
Franciscan Apartments1BR/1.0BA1BR,1BA$1.51
Victoria House1BR/1.0BA1BR,1BA$1.77
Sundance Apartments1BR/1.0BA1BR,1BA$1.67
Ben Albert1 Bedroom1BR,1BA$1.45
454 S 500 E454 S 500 E1BR,1BA$1.85

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Pet Friendly Lifestyle
University, Salt Lake City, UT

Ranked #31

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
University, Salt Lake City, UT

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States, including Salt Lake City. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap University Apartments

What is a cheap apartment in University?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University is under $1,049.

What is the price of a cheap apartment in University?

The cheapest apartment in University is Ben Albert which is listed at $899, while the average apartment in University costs $15,712.

What types of apartments are the cheapest in University?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 31 regular apartments in University that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in University?

Cheap apartments in University have an average cost of $401 which is $15,311 cheaper than the average rent for all rentals in University.

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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.