Cheap Homes for Rent in Salt Lake City, UT from $500 (76 Rentals)

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Cheap Homes in Salt Lake City.

property at 4197 W 4100 S

4197 W 4100 S

West Valley CityUT84120
property at 2577 S 700 E

2577 S 700 E

Salt Lake CityUT84106
property at 2641 S State St

2641 S State St

South Salt LakeUT84115
property at 2843 S 700 E

2843 S 700 E

South Salt LakeUT84106
property at 1509 Foothill Dr

1509 Foothill Dr

Salt Lake CityUT84108
property at 546 E Delno Dr

546 E Delno Dr

MillcreekUT84107

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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property at 273-275 S 400 E

273-275 S 400 E

Salt Lake CityUT84111

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Salt Lake City's Best Affordable Neighborhoods

Learn about Salt Lake City and the best places to live with original content written by our Salt Lake City, UT Local Expert Ty Bronicel

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property at 5321 S 580 E

5321 S 580 E

MurrayUT84107
property at 1590 S 500 E

1590 S 500 E

Salt Lake CityUT84115
Showing Results 1-50, Page 1 of 2

Salt Lake City, UT Local Guide

Cheapest Neighborhoods for Apartments in Salt Lake City, UT

Pricing Updated: 05/03/2025

Current apartment rentals in the Salt Lake City, UT area range in price from $437 to $21,079 with an overall median price of $2,828. The three Salt Lake City neighborhoods with the lowest median rent pricing are Outer East Salt Lake City at $1,200, Capitol Hill at $850, and Jordan Meadows at $875. 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
Outer East Salt Lake City$1,200$1,2001
Capitol Hill$1,699$850331
Jordan Meadows$1,699$875121
Decker Lake$1,875$939424
South Salt Lake City$1,950$824267
Millcreek$1,988$4371352
Jordan Downs$2,005$99564
Rose Park$2,025$85095
Downtown Bountiful$2,069$1,19942
Greenwood Circle$2,099$850113

Cheapest Available Salt Lake City Apartments for Rent

 

The cheapest available apartment rental in Salt Lake City, UT is a Studio unit found at Greenprint at the Trax in the Downtown Salt Lake City neighborhood priced from $725. 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
Greenprint at the Trax834 Eff 2Studio,1BA$725
Greenprint West TempleStudio 239Studio,1BA$725
Greenprint North TempleA M3Studio,1BA$725
Colony BSection 42 StudiosStudio,1BA$739
Washington Flats0/1 233sfStudio,1BA$750
FairparkMAStudio,1BA$750
Birkhill Apartments55+ 1x11BR,1BA$783
404 E 5600 S1 Beds, 1 Baths1BR,1BA$795
The RampStudiosStudio,1BA$799
The Village at North Station1 bedroom1BR,1BA$807

Best Value Apartments for Rent in Salt Lake City, UT

As of May 03, 2025 the best value apartment in the Salt Lake City area is the $1.23 price per square foot 629 E 200 S Model at 629 E 200 S, Unit 1 in the in the Downtown Salt Lake City neighborhood starting from $2,690. The second greatest value Salt Lake City apartment is the 3 Bedroom 2.5 Bathroom Model at Aspen Cove starting at $1,975 with a $1.32 price per square foot in the Northwest Coalition 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.
629 E 200 S, Unit 1629 E 200 S3BR,2BA$1.23
Aspen Cove3 Bedroom 2.5 Bathroom3BR,2.5BA$1.32
Summer GardenStandard Unit2BR,1.5BA$1.14
1869 S 500 E, Unit B1869 S 500 E2BR,1BA$1.00
Townhomes at Mountain Ridge2x22BR,2BA$1.02
4780 S 4800 W2 Beds, 2 Baths2BR,2BA$1.22
Aspen Village2x12BR,1BA$1.26
123 Q St, Unit 14123 Q St2BR,1BA$1.31
Aspen Hills1 bed / walk-in closet1BR,1BA$1.33
Canterbury2 Bedroom2BR,1BA$1.28

Quick Rent Budget Calculator

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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 1978 Apartments for Rent in Salt Lake City, UT with pricing that ranges from $437 to $21,079. There are also 339 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salt Lake City ranging from $550 to $6,000.

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 $550 to $6,000 with an average monthly rent of $2,291.

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 $1,225 to $14,626, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $4,995. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,999.

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 A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Salt Lake City article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.