
Cheap Homes for Rent in University Neighborhood of Salt Lake City, UT from $800 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Salt Lake City.


970 E 1st Ave

1509 Foothill Dr

970 E 1st Ave

273-275 S 400 E

1418-1426-1426 S 1100 E

422 S 1200 E, Unit 422 S. 1200 E. 4
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.

26 S Wolcott St

514 E 500 S

365 S Elizabeth St

867 Browning Ave

657 S 400 E, Unit 1

131 S 1000 E

249 S 700 E
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.

753 Princeton Ave S

880 E 100 S, Unit 2

938 Lowell Ave S

135 S 700 E, Unit 1

1507 S 700 E

115 S 1100 E

1086 S Lk St
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.

110 S 800 E

1109 E 400 S
University, Salt Lake City, UT Local Guide

How much does it cost to rent a home in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University 2 Bedroom Homes for Rent | $1,824 | $1,195 | $2,700 |
| University 3 Bedroom Homes for Rent | $3,442 | $2,300 | $5,500 |
| University 4 Bedroom Homes for Rent | $3,655 | $1,190 | $6,100 |
| University 6 Bedroom Homes for Rent | $6,250 | $6,000 | $6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the University Neighborhood of Salt Lake City, UT.
Explore Salt Lake City
University, Salt Lake City, UT Local Guide
- Nearby Salt Lake City neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Bigelow Chapman Apartments priced from $795. 143 S 1000 E has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable University apartments for rent in Salt Lake City, UT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bigelow Chapman Apartments | B0 - Studio - LIH - Bigelow | Studio,1BA | $795 |
| 143 S 1000 E | 0 Beds, 1 Baths | Studio,1BA | $950 |
| Ben Albert | 1 Bedroom | 1BR,1BA | $950 |
| Sundance Apartments | 1BR/1.0BA | 1BR,1BA | $999 |
| Seven65 Lofts | Studio | Studio,1BA | $999 |
Best Value Apartments for Rent in University, UT
As of June 06, 2026 the best value apartment in the University area is the $1.40 price per square foot 2 Beds, 1 Baths Model at Sunset View Apartments in the in the Downtown Salt Lake City neighborhood starting from $1,395. The second greatest value University apartment is the 732 S 900 E Model at 732 S 900 E, Unit 1 starting at $1,400 with a $1.49 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunset View Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.40 |
| 732 S 900 E, Unit 1 | 732 S 900 E | 1BR,1BA | $1.49 |
| Palisades Apartments | 2x1-R | 2BR,1BA | $1.59 |
| 938 E Lowell Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.60 |
| 615 E 700 S | 2 Beds, 1 Baths | 2BR,1BA | $1.64 |
| 143 S 1000 E | 0 Beds, 1 Baths | Studio ,1BA | $1.36 |
| Ruby Apartments | 1BR/1.0BA | 1BR,1BA | $1.75 |
| Franciscan Apartments | 1BR/1.0BA | 1BR,1BA | $1.70 |
| Sundance Apartments | 1BR/1.0BA | 1BR,1BA | $1.59 |
| Ben Albert | 1 Bedroom | 1BR,1BA | $1.53 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleUniversity, Salt Lake City, UT
Ranked #20
Among cities in Utah for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in University, Salt Lake City, UT
Salt Lake Center for Science Education Bryant
School data provided by Great Schools
Frequently Asked Questions about University
What type of rentals are currently available in University?
There are currently 637 Apartments for Rent in University, UT with pricing that ranges from $795 to $13,089. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $800 to $6,500.
What is the current price range for Rental Homes in University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University ranges from $800 to $6,500 with an average monthly rent of $3,298.
How much are larger Three and Four Bedroom Rentals in University?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University range from $1,600 to $3,933, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,190 and Four Bedroom Apartments start at $7,195.
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

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.

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.

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.

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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.