Cheapest Neighborhoods in Provo, UT
Some of the cheapest neighborhoods in Provo are Downtown North, Downtown Provo, and Downtown Central. These neighborhoods offer some of the lowest rent prices in Provo, making them ideal for renters on a budget. As of July 27, 2026, the average rent in Provo is $1,226, which is 0.4% 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.
Downtown North
Average Rent
$1,290/Month
Units Available
17 Rentals
Downtown North is an affordable neighborhood in Provo with an average rent price of $1,290. Compare this to the city average of $1,226.
Downtown Provo
Average Rent
$1,326/Month
Year-Over-Year Rent Change
3.8%
Units Available
59 Rentals
If you’re looking for a great, affordable neighborhood in Provo, Downtown Provo might be the perfect place! It has an average rent price of $1,326, while the city’s average stands at $1,226. In the last year, prices have decreased by 3.8%. Downtown Provo is near Utah Valley University, Brigham Young University, and Central Square.
Downtown Central
Average Rent
$1,338/Month
Units Available
20 Rentals
Downtown Central is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Central is $1,338 while the city average is $1,226.
South Temple
Average Rent
$1,377/Month
Units Available
21 Rentals
When you’re looking for a great Provo neighborhood on a budget, check out South Temple. The average rent is $1,377, compared to the city average of $1,226.
East Bay
Average Rent
$1,405/Month
Units Available
14 Rentals
East Bay is an affordable neighborhood in Provo with an average rent price of $1,405. Compare this to the city average of $1,226. East Bay provides easy access to Noorda College, Monte L. Bean Life Science Museum, and Provo Towne Centre.
Riverside
Average Rent
$1,639/Month
Year-Over-Year Rent Change
9.9%
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Provo, Riverside might be the perfect place! It has an average rent price of $1,639, while the city’s average stands at $1,226. In the last year, prices have increased by 9.9%. Riverside is near Edgemont Plaza, Noorda College, and Derrick Planetarium.
Ready to make your move to Provo? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.