Cheap Apartments for Rent in the Central Business District Provo, UT from $300 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Provo.
Central Business District, Provo, UT Local Guide

How much does it cost to rent an apartment in Central Business District?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Business District Studio Apartments | $1,265 | $1,069 | $2,200 |
Central Business District 1 Bedroom Apartments | $1,366 | $1,000 | $1,774 |
Central Business District 2 Bedroom Apartments | $1,632 | $1,100 | $3,299 |
Central Business District 3 Bedroom Apartments | $2,200 | $1,300 | $2,624 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Central Business District Neighborhood of Provo, UT.
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Central Business District, Provo, UT Local Guide
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Cheapest Neighborhoods for Apartments in Central Business District, UT
Pricing Updated: 03/21/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
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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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Towns at Rivers Edge | Canyon | 3BR,3BA | $1.48 |
807 W 200 N, Unit Davis Carly Apts | 807 W 200 N | 2BR,1BA | $1.09 |
358 E 500 S, Unit 358 E 500 S | 358 E 500 S | 2BR,1BA | $1.19 |
Canyon View Apartments | Cedar Tree | 2BR,2BA | $1.47 |
616 N 970 W, Unit 616 | 616 N 970 W | 2BR,1BA | $1.81 |
Ascent at Union Square | 2 Bedrooms | 2BR,1BA | $2.00 |
400 Element | 1x1 A | 1BR,1BA | $1.91 |
Timpanogos Towers | 1x1 | 1BR,1BA | $1.86 |
The Station at Mill Race | A2 1x1 | 1BR,1BA | $1.97 |
Palladium | 1x1 | 1BR,1BA | $2.00 |
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Pet Friendly LifestyleCentral Business District, Provo, UT
Ranked #8
Among neighborhoods in Provo, UT for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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.

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.

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.

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.

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.