Best Affordable Neighborhoods for Renters in Salt Lake City

Salt Lake City offers renters stunning mountain vistas, a booming economy, and a lively community. However, the cost of living here is 9% higher than both Utah’s and the national average, making budget-conscious apartment hunting a challenge. Renters here typically pay $1,611 a month for an apartment.

Fortunately, it’s still possible to find affordable rentals and enjoy Salt Lake City’s many advantages without breaking the bank. This guide highlights the best affordable neighborhoods for renters in Salt Lake City, where the average monthly rent is below the local and national benchmarks:

• Foothills Sunnyside
• University of Utah
• Glendale
• Yalecrest
• Cottonwood Heights

Foothills Sunnyside: A gateway to outdoor adventure

Average rent as of December 2024: $1,385

Foothills Sunnyside combines affordability with proximity to some of the city’s most stunning outdoor attractions. Here, the average rent is $1,385, not only below the national norm, but also below the $1,500 threshold. Nestled near the foothills of the Wasatch Mountains, this neighborhood is perfect for renters who love hiking, biking, or simply enjoying nature. Living here means easy access to parks like Bonneville Shoreline Trail and Hogle Zoo, ideal for weekend adventures.

Apartments in Foothills Sunnyside often feature spacious layouts, modern amenities, and breathtaking views. Renters appreciate the quiet, suburban feel while being just a short drive from downtown Salt Lake City. This neighborhood’s affordability makes it a great option for young professionals, students, and families alike. With a mix of outdoor beauty and urban convenience, Foothills Sunnyside is one of Salt Lake City’s most budget-friendly neighborhoods.

University of Utah: Affordable living near campus

Average rent as of December 2024: $1,385

Living near the University of Utah offers renters an affordable and energetic community. In fact, the monthly rent here averages $1,385. As its name might imply, this neighborhood is bustling with activity, thanks to the student population and proximity to cultural landmarks like the Utah Museum of Fine Arts and Red Butte Garden.

Renters in this area benefit from the availability of apartments tailored for diverse needs, ranging from cozy studio units to family-sized spaces. The convenience of nearby public transportation, grocery stores, and coffee shops ensures an easy and efficient lifestyle. For those who love being part of a lively and dynamic community, the University of Utah area is one of the best affordable neighborhoods in Salt Lake City.

Glendale: A hidden gem for renters

Average rent as of December 2024: $1,452

Glendale is a neighborhood that strikes the perfect balance between affordability and accessibility. Known for its welcoming community and diverse cultural scene, Glendale offers renters easy access to amenities and an average monthly rent of $1,452. The area features local gems like the International Peace Gardens and Jordan River Parkway, making it a great place to be for outdoor enthusiasts.

Apartments in Glendale often come with larger floor plans and access to shared green spaces and recreational areas. This neighborhood’s budget-friendly rents make it a popular choice for families and individuals looking to get the most value for their money. With its rich cultural diversity and community spirit, Glendale is a standout among Salt Lake City’s best affordable neighborhoods.

Yalecrest: Historic charm meets modern convenience

Average rent as of December 2024: $1,547

Yalecrest is an ideal neighborhood for renters with families seeking a touch of historic charm. Known for its tree-lined streets and beautiful architecture, this area offers a serene environment that’s still close to the city center. Renters here enjoy access to top-rated schools, boutique shops, and local cafes, making it a great choice for families and professionals.

In Yalecrest, the monthly rent averages $1,547. While slightly higher in rent compared to other neighborhoods on this list, Yalecrest’s unique blend of historic charm and modern amenities justifies the cost. Parks like Laird Park provide green spaces for relaxation, while the nearby library and community centers enhance the quality of life. For those looking for a budget-friendly neighborhood with timeless appeal, Yalecrest is a perfect fit.

Cottonwood Heights: Suburban comfort with mountain views

Average rent as of December 2024: $1,600

Cottonwood Heights is a dream location for renters who value suburban comfort and stunning mountain vistas. While it has the highest average rent on this list — $1,600 per month — it still qualifies as affordable compared to many other neighborhoods in the Salt Lake City metro area. Known as the “City Between the Canyons,” this neighborhood offers easy access to skiing, hiking, and other outdoor activities in Big Cottonwood and Little Cottonwood Canyons.

Apartments in Cottonwood Heights are spacious and often include amenities such as pools, fitness centers, and private balconies. Renters appreciate the peaceful atmosphere and the strong sense of community. With excellent schools, local dining options, and proximity to outdoor recreation, Cottonwood Heights is a top contender for budget-friendly neighborhoods in Salt Lake City.

Finding an affordable neighborhood in Salt Lake City doesn’t have to be a daunting task. Foothills Sunnyside, University Of Utah, Glendale, Yalecrest and Cottonwood Heights each offer unique advantages, from excellent amenities to budget-friendly rent prices. Whether you’re a young professional, family, or someone looking for a peaceful retreat, these neighborhoods provide excellent options without compromising on quality of life.

If you’re interested in affordable neighborhoods in other cities, check out our guides for Washington, D.C.; St. Paul, MN; and Knoxville, TN.