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.