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Cheap Apartments for Rent in Salt Lake City, UT - 31 Rentals available


Salt Lake City’s average rent reached $1,278 in April

Salt Lake City’s average rent reached $1,278 in April, after a 2.7% increase since last year. A major Utah job hub with a 48% renter share, Salt Lake City is a desirable place to live and work in, with apartment prices below the national average of $1,417. [View Full Report]

Salt Lake City apartment rent report

Salt Lake City’s average rent was $1,278 in April

Salt Lake City’s average rent reached $1,278 in April, after a 2.7% increase since last year. A major Utah job hub with a 48% renter share, Salt Lake City is a desirable place to live and work in, with apartment prices below the national average of $1,417.

The average rent for an apartment in Salt Lake City rose slower than in other surrounding cities, such as West Jordan ($1,258), where prices went up by 5.7%. Meanwhile, apartment rates in West Valley City increased by 7.5%, reaching a $1,221 average.

Salt Lake City apartment rent report

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

Provo ties with Midvale as the largest renter hubs in the Salt Lake City area, with a 57% share of tenants. Provo has a $1,461 average rent (up by 5% since last year), while Midvale apartments go for $1,168 on average, after a 2.8% increase.

Salt Lake City comes in third, followed by Clearfield (42% renters), where rental prices circle around $1,135, after a 7.6% yearly increase. Last but not least, Ogden's 39% share of renters places it fifth among the area’s renter hubs. The city’s average rent reached $994 in April, going up by 3.8% in the past 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 renting for $1,461 per month. South Jordan’s $1,400 rate is the second most expensive, while apartments in Herriman ($1,395) come in third.

For renters in search of budget-friendly apartments, Ogden's $994 average rent is the cheapest in the Salt Lake City area, followed by Taylorsville's $1,054 rate. Clearfield rentals are the third least pricey on the list, with a $1,135 average rent as of April.

Salt Lake City apartment rents in popular ZIP codes for renters

Among Salt Lake City's most popular renter ZIP codes, 84116 has a $1,088 average rent, below the city average ($1,278). At the same time, rentals in ZIP 84107 go for $1,115, while prices in ZIP 84123 circle around $1,068. Apartment rents in ZIP 84111 clock in at around $1,462, higher than the Salt Lake City average, while rates in ZIP 84103 average at $1,714.

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

Salt Lake City apartment rent report

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 $833 and $4,505. Find cheap apartments in Salt Lake City, UT.

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

There are 20 cheap rentals available on RENTCafé. Prices and availability in Salt Lake City, UT were last updated on 15 May 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 800 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, April 2021 $1,278 /mo

    Salt Lake City, UT Apartment Rent Ranges

    • $701-$1,00021%
    • $1,001-$1,50059%
    • $1,501-$2,00015%
    • > $2,0005%

    Salt Lake City, UT Rent Trends

    Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Apr / 2021
    Salt Lake City, UT $1,112 $1,160 $1,198 $1,200 $1,235 $1,253 $1,244 $1,239 $1,258 $1,272 $1,278
    National $1,313 $1,344 $1,353 $1,358 $1,390 $1,397 $1,399 $1,390 $1,393 $1,407 $1,417
    /

    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 31 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 $1,278 per month so any rental south of $1,022 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!