Cheap Apartments for Rent in the Central Business District Provo, UT from $300 (3 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Central Business District area of Provo.

close
View Me
440 E 700 N
Studio Apartments

440 E 700 N

440 E 700 NProvo, UT 84606

Central Business District, Provo, UT Local Guide

Cheapest Neighborhoods for Apartments in Central Business District, UT

Pricing Updated: 03/21/2025

Current apartment rentals in the Central Business District, UT area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Central Business District Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

Best Value Apartments for Rent in Central Business District, UT

As of March 21, 2025 the best value apartment in the Central Business District area is the $1.48 price per square foot Canyon Model at Towns at Rivers Edge in the in the University neighborhood starting from $2,249. The second greatest value Central Business District apartment is the 807 W 200 N Model at 807 W 200 N, Unit Davis Carly Apts starting at $1,200 with a $1.09 price per square foot in the Carterville neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Towns at Rivers EdgeCanyon3BR,3BA$1.48
807 W 200 N, Unit Davis Carly Apts807 W 200 N2BR,1BA$1.09
358 E 500 S, Unit 358 E 500 S358 E 500 S2BR,1BA$1.19
Canyon View ApartmentsCedar Tree2BR,2BA$1.47
616 N 970 W, Unit 616616 N 970 W2BR,1BA$1.81
Ascent at Union Square2 Bedrooms2BR,1BA$2.00
400 Element1x1 A1BR,1BA$1.91
Timpanogos Towers1x11BR,1BA$1.86
The Station at Mill RaceA2 1x11BR,1BA$1.97
Palladium1x11BR,1BA$2.00

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Central Business District, Provo, UT

Ranked #8

Among neighborhoods in Provo, UT for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Central Business District Apartments

What is the Cheapest Studio apartment in Central Business District?

Currently the most affordable Cheap Studio Apartment in Central Business District is at The Station at Mill Race listed at $1,069.

How much is rent for a Cheap One Bedroom Central Business District Apartment?

The lowest price for a Cheap One Bedroom Central Business District Apartment is $807 at Campus Way.

What is the lowest price for a Cheap Two Bedroom Central Business District Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Central Business District is starting from $1,404 at The Boulders.

What is the most affordable Central Business District Three Bedroom Apartment?

The best deal on a cheap Central Business District Three Bedroom Apartment rental is at The Boulders and starts from $1,630.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.