Most Affordable Neighborhoods in Salt Lake City, UT
Some of the cheapest neighborhoods in Salt Lake City are Booneville Gardens, Glendale Park, and Rose Park. These neighborhoods offer some of the lowest rent prices in Salt Lake City, making them ideal for renters on a budget. As of October 28, 2025, the average rent in Salt Lake City is $1,443, which is 0.6% 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.
Booneville Gardens
Average Rent
$1,101/Month
TransitScore® Rating
41/100
Units Available
39 Rentals
Booneville Gardens is an affordable neighborhood in Salt Lake City with an average rent price of $1,101. Compare this to the city average of $1,443. Booneville Gardens provides easy access to California National Historic Trail, Salt Lake City International, and Discovery Gateway. It’s a car-dependent neighborhood with a WalkScore® of 33.
Glendale Park
Average Rent
$1,121/Month
TransitScore® Rating
49/100
Units Available
40 Rentals
If you’re looking for a great, affordable neighborhood in Salt Lake City, Glendale Park might be the perfect place! It has an average rent price of $1,121, while the city’s average stands at $1,443. Glendale Park is near Jackson/Euclid Station, Salt Lake City International, and Westminster College.
Rose Park
Average Rent
$1,182/Month
Year-Over-Year Rent Change
4.2%
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.
Fairbourne Station
Average Rent
$1,225/Month
TransitScore® Rating
55/100
Units Available
22 Rentals
Fairbourne Station is a top choice for budget-conscious renters for a variety of reasons. The average rent in Fairbourne Station is $1,225 while the city average is $1,443. Residents enjoy convenient access to Tracy Aviary, Decker Lake Station, and The University of Utah. The neighborhood is considered walkable with a WalkScore® of 74.
Coats Estates
Average Rent
$1,255/Month
Units Available
13 Rentals
When you’re looking for a great Salt Lake City neighborhood on a budget, check out Coats Estates. The average rent is $1,255, compared to the city average of $1,443. Coats Estates is convenient to Provo Municipal, West Valley Central Station, and Salt Lake Community College.
Downtown Murray
Average Rent
$1,267/Month
TransitScore® Rating
55/100
Units Available
26 Rentals
Downtown Murray is an affordable neighborhood in Salt Lake City with an average rent price of $1,267. Compare this to the city average of $1,443. Downtown Murray provides easy access to Meadowbrook, Salt Lake Community College, and Jordan River Parkway. It’s a walkable neighborhood with a WalkScore® of 84.
Fairpark
Average Rent
$1,285/Month
Year-Over-Year Rent Change
14.5%
TransitScore® Rating
54/100
Units Available
20 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.
Granite Park
Average Rent
$1,323/Month
TransitScore® Rating
44/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Salt Lake City, Granite Park might be the perfect place! It has an average rent price of $1,323, while the city’s average stands at $1,443. Granite Park is near Salt Lake Community College, International Peace Gardens, and Meadowbrook.
Exchange Place Historic District
Average Rent
$1,353/Month
TransitScore® Rating
71/100
Units Available
28 Rentals
Exchange Place Historic District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Exchange Place Historic District is $1,353 while the city average is $1,443. Residents enjoy convenient access to The Univ. of Utah, Ft Douglas, Salt Lake Community College, and City Center. The neighborhood is considered walkable with a WalkScore® of 86.
Taylorsville Gardens
Average Rent
$1,356/Month
TransitScore® Rating
40/100
Units Available
12 Rentals
When you’re looking for a great Salt Lake City neighborhood on a budget, check out Taylorsville Gardens. The average rent is $1,356, compared to the city average of $1,443. Taylorsville Gardens is convenient to Carriage Square, International Peace Gardens, and Wheeler Historic Farm. The community is somewhat walkable with a WalkScore® of 51.
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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.