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&cropxunits=300&cropyunits=225&width=480&quality=90 "Liberty Citywalk Apartments, Salt Lake City, Utah, studio apartment with half wall, looking at the living room with a grey sofa and into the kitchen.")
&cropxunits=300&cropyunits=225&width=480&quality=90 "Liberty Citywalk Apartments, Salt Lake City, Utah, studio apartment with half wall, showing a full-size bed looking into the kitchen and living room.")
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Prices and availability in Salt Lake City, UT were last updated on 10 Nov 2026.
The best apartments in Salt Lake City, UT are: 330 Belhaven, Lotus Republic Apartments, Eight20 Apartments, The Gauge and Altitude on Fifth.
In Salt Lake City 54% of the housing is rented out compared to 46% of homes are owned, according to the most recent Census Bureau estimates. 31% of Salt Lake City's apartments are found in large buildings of 50 units or more, 55% are located in smaller apartment complexes with less than 50 units, and 13% are single-family rentals.
Searching for apartments for rent in Salt Lake City, UT under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.
Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Salt Lake City, UT. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Salt Lake City, UT going for $356 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.
