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Cheap Apartments in Salt Lake City

Cheap Apartments for Rent in Salt Lake City, UT - 38 Rentals available

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Salt Lake City’s average rent reached $1,272 in March

Salt Lake City’s average rent reached $1,272 in March, after a 2.3% increase since last year. Renters make up 48% of Salt Lake City’s population. Utah’s capital is a diverse and vibrant place to live in, with apartment rents below the national average of $1,407. [View Full Report]

Salt Lake City’s average rent was $1,272 in March

The average rent for an apartment in Salt Lake City increased less than in other surrounding areas since last year. In West Jordan, apartments go for $1,239 after a 3.9% increase, and in West Valley City, rent went up by 5.3%, reaching $1,203.

What it costs to rent in the largest renter hubs in the Salt Lake City area

The city with the largest renter share is Provo (57%), where the average rent is $1,459, after a 7% increase, followed by Midvale, where there are 57% renters. Salt Lake City comes in third, with 48% of the population being renters. Clearfield, with an average rent of $1,134, has the fourth largest share of renters (42%) and has experienced a rent increase of 6.3% since March 2020. In Ogden, where 39% of the population are renters, the average rent is $997, registering an increase of 4% compared to last year.

The priciest and cheapest cities for renters in the Salt Lake City area

Provo is the priciest city for renters in the Salt Lake City area, with apartments going for $1,459 per month. The average rent for apartments in South Jordan is $1,401, the second most expensive, while Herriman ($1,393) comes in third.

For renters in search of budget-friendly apartments, Ogden's $997 average rent is the cheapest in the Salt Lake City area, followed by Taylorsville's $1,048 rate. Clearfield rentals are the third least pricey on the list, with a $1,134 average apartment rate.

Salt Lake City apartment rents in popular ZIP codes for renters

Among Salt Lake City's most popular renter ZIP codes, 84116 has a $1,085 average rent, below the city average ($1,272). At the same time, rentals in ZIP 84107 go for $1,093, while prices in ZIP 84123 circle around $1,063. Apartment rents in ZIP 84111 clock in at around $1,450, higher than the Salt Lake City average, while rates in ZIP 84103 average at $1,706.

Check out how average rents evolved across the Salt Lake City area

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the price of a cheap apartment in Salt Lake City, UT?

The price range of a cheap apartment is between $824 and $4,437. Find cheap apartments in Salt Lake City, UT.

How many cheap rentals are available in Salt Lake City, UT on RENTCafé?

There are 27 cheap rentals available on RENTCafé. Prices and availability in Salt Lake City, UT were last updated on 20 Apr 2021.

What is the average size of a cheap apartment in Salt Lake City, UT?

The average Salt Lake City, UT cheap apartment size is 804 sq. ft.

What are the advantages of renting a cheap apartment in Salt Lake City, UT?

Cheap apartments in Salt Lake City, UT are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Salt Lake City, UT?

A cheap apartment in Salt Lake City, UT offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Salt Lake City, UT.

Renting a Cheap Apartment in Salt Lake City

Utah’s capital is flanked by the beautiful Wasatch and Oquirrh mountains. Salt Lake City is a true winter sports paradise, and the city showcased those opportunities as host of the 2002 Winter Olympics. Local residents enjoy outdoor snow sports all winter long. During the summer months, there are plenty of other mountain and river activities. Downtown Salt Lake City is a pleasant urban center. The city’s many eclectic neighborhoods are fun places to explore. Service businesses are the primary economic drivers here. Founded by Brigham Young and early Mormon pilgrims to Utah, today less than half of Salt Lake City’s residents are affiliated with the Mormon faith. However, the Mormon Church remains a visible and important part of life in Salt Lake City.

Salt Lake City, UT Demographics

Total Population197,756
Female 100,748

Male 97,008
Median Age32.3

Average Rent in Salt Lake City, UT

Salt Lake City, UT Average Rental Price, March 2021 $1,272 ^/mo

Salt Lake City, UT Apartment Rent Ranges

$701-$1,00022%
$1,001-$1,50058%
$1,501-$2,00015%
> $2,0005%

Salt Lake City, UT Rent Trends

Average Rent	Nov / 2017	Mar / 2018	Jul / 2018	Nov / 2018	Mar / 2019	Jul / 2019	Nov / 2019	Mar / 2020	Jul / 2020	Nov / 2020	Mar / 2021
Salt Lake City, UT	$1,117	$1,112	$1,160	$1,198	$1,200	$1,235	$1,253	$1,244	$1,239	$1,258	$1,272
National	$1,315	$1,346	$1,355	$1,359	$1,356	$1,391	$1,398	$1,400	$1,390	$1,395	$1,407

Check out the average rent prices in Salt Lake City by neighborhood.

Salt Lake City, UT Households

Total Number of Households79,264
Family 39,934

Non-family 39,330
Children 19,062

No Children 60,202

Average People Per Household2.42
Median Household Income$60,676
Median Housing Costs Per Month$1,078

Salt Lake City, UT Education Statistics

No High School5%
Some High School25%
Some College21%
Associate Degree7%
Bachelor Degree24%
Graduate Degree18%

Looking for a cheap apartment for rent in Salt Lake City, UT? With RENTCafé, finding an affordable apartment in Salt Lake City, UT has never been easier. We feature 38 low-priced rentals directly from property managers, with rents lower than the Salt Lake City, UT average. What is a cheap rent in Salt Lake City, UT? The average apartment rent in Salt Lake City is $1,272 per month so any rental south of $1,018 would be considered cheap here. On RENTCafé, Salt Lake City, UT rents go as low as $702/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!