Most Affordable Neighborhoods in Salt Lake City, UT

Some of the cheapest neighborhoods in Salt Lake City are Fairpark, Jordan Meadows, and East Bench. These neighborhoods offer some of the lowest rent prices in Salt Lake City, making them ideal for renters on a budget. As of April 22, 2025, the average rent in Salt Lake City is $1,453, 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.

Fairpark

Average Rent

$1,158/Month

Year-Over-Year Rent Change

14.4%

TransitScore® Rating

54/100

Units Available

46 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

$1,233/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

35/100

Units Available

45 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.

East Bench

Average Rent

$1,262/Month

Year-Over-Year Rent Change

8.6%

TransitScore® Rating

23/100

Units Available

6 Rentals

East Bench is an affordable neighborhood in Salt Lake City with an average rent price of $1,262. Compare this to the city average of $1,453. In the past year, rent prices have decreased by 8.6%. East Bench provides easy access to Foothill Pointe, Natural History Museum of Utah, and Physics Dept. Observatory. It’s a car-dependent neighborhood with a WalkScore® of 46.

Rose Park

Average Rent

$1,321/Month

Year-Over-Year Rent Change

1.9%

TransitScore® Rating

27/100

Units Available

33 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.

East Salt Lake City

Average Rent

$1,514/Month

Year-Over-Year Rent Change

2.2%

TransitScore® Rating

39/100

Units Available

60 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

$1,538/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

44/100

Units Available

406 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.

South Salt Lake City

Average Rent

$1,540/Month

Year-Over-Year Rent Change

3.2%

TransitScore® Rating

53/100

Units Available

362 Rentals

If you’re looking for a great, affordable neighborhood in Salt Lake City, South Salt Lake City might be the perfect place! It has an average rent price of $1,540, while the city’s average stands at $1,453. In the last year, prices have decreased by 3.2%. South Salt Lake City is near Millcreek, The University of Utah, and International Peace Gardens.

East Central

Average Rent

$1,549/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

55/100

Units Available

98 Rentals

East Central is a top choice for budget-conscious renters for a variety of reasons. The average rent in East Central is $1,549 while the city average is $1,453. This is a 0.9% difference from last year. Residents enjoy convenient access to California National Historic Trail, Main Library, and Westminster College. The neighborhood is considered walkable with a WalkScore® of 81.

People's Freeway

Average Rent

$1,613/Month

Year-Over-Year Rent Change

2.8%

TransitScore® Rating

58/100

Units Available

220 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.

East Millcreek

Average Rent

$1,619/Month

Year-Over-Year Rent Change

3.8%

TransitScore® Rating

37/100

Units Available

50 Rentals

East Millcreek is a walkable residential area in Salt Lake City with access to shopping, dining, and parks. Outdoor enthusiasts enjoy the 10-minute drive to nearby hiking trails at Mount Olympus.

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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.