Most Affordable Neighborhoods in Salt Lake City, UT
Some of the cheapest neighborhoods in Salt Lake City are Rose Park, Fairpark, and Jordan Meadows. These neighborhoods offer some of the lowest rent prices in Salt Lake City, making them ideal for renters on a budget. As of March 16, 2025, the average rent in Salt Lake City is $1,442, which is 2% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Rose Park
Average Rent
$1,118/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
27/100
Units Available
28 Rentals
Rose Park provides a suburban retreat from the business of downtown city life. With mountain views, cozy cottages, and easy access to I-15 and the Salt Lake City International Airport, this neighborhood is perfect for frequent commuters and locals hoping to enjoy the best of their neighborhood.
Fairpark
Average Rent
$1,249/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
54/100
Units Available
73 Rentals
Fairpark stands out for its budget-friendly apartments and affordable living options. The neighborhood includes several parks and recreational spots, perfect for active lifestyles.
Jordan Meadows
Average Rent
$1,270/Month
Year-Over-Year Rent Change
4.8%
TransitScore® Rating
35/100
Units Available
46 Rentals
Jordan Meadows is known for its cheap apartment options in Salt Lake City, Utah, near the Salt Lake City International Airport. This neighborhood features several parks, businesses, and residential areas to support residents in everyday life.
Canyon Rim
Average Rent
$1,462/Month
Year-Over-Year Rent Change
4%
TransitScore® Rating
35/100
Units Available
36 Rentals
Canyon Rim is the outdoor recreation neighborhood of Salt Lake City. The beautiful and scenic area has hiking and backpacking trails, overlooks, and rock climbing opportunities. Residents in this area enjoy the natural beauty of Utah alongside the conveniences of living in a big city. The neighborhood boasts numerous parks and natural areas, ideal for outdoor activities. Nearby shopping and dining establishments make daily living effortless and enjoyable.
East Salt Lake City
Average Rent
$1,479/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
39/100
Units Available
50 Rentals
East Salt Lake City offers numerous cheap apartments. This neighborhood is home to beautiful parks and green spaces, ideal for outdoor enthusiasts. Nearby commercial areas provide convenient shopping and dining experiences.
Millcreek
Average Rent
$1,484/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
44/100
Units Available
323 Rentals
Millcreek is a Salt Lake City residential area with highly-rated schools, public parks, and shopping and dining options. This neighborhood is an easy commute from downtown or the University, making it a popular option for students and professionals.
Wasatch Hollow
Average Rent
$1,490/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
39/100
Units Available
5 Rentals
Wasatch Hollow is a top choice for budget-conscious renters for a variety of reasons. The average rent in Wasatch Hollow is $1,490 while the city average is $1,442. This is a -0.3% difference from last year. Residents enjoy convenient access to Salt Lake City International, 700 East Station, and Stadium. The neighborhood is considered walkable with a WalkScore® of 76.
East Central
Average Rent
$1,504/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
55/100
Units Available
105 Rentals
When you’re looking for a great Salt Lake City neighborhood on a budget, check out East Central. The average rent is $1,504, compared to the city average of $1,442. Rent prices have decreased by 0.2%. East Central is convenient to Trolley Square, The Univ. of Utah, Ft Douglas, and California National Historic Trail. The community is walkable with a WalkScore® of 81.
People's Freeway
Average Rent
$1,531/Month
Year-Over-Year Rent Change
4.2%
TransitScore® Rating
58/100
Units Available
151 Rentals
People's Freeway in Salt Lake City, Utah, offers budget-friendly apartments between Interstate 15 and Highway 89 for easy transportation throughout the city. The neighborhood offers a wealth of residential staples - movie theaters, restaurants, breweries, parks, a haunted house, and a rock climbing gym. Nearby shopping centers and dining establishments enhance the everyday convenience of living here.
Glendale
Average Rent
$1,550/Month
Year-Over-Year Rent Change
6.4%
TransitScore® Rating
28/100
Units Available
173 Rentals
Glendale features architectural diversity, from older single-family homes to renovated apartment buildings. Residents spend afternoons in Jordan Park, pick up groceries from the weekly farmers market, and enjoy diverse culinary offerings.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.