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 $1,442, 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

When you’re looking for a great Salt Lake City neighborhood on a budget, check out Booneville Gardens. The average rent is $1,101, compared to the city average of $1,442. Booneville Gardens is convenient to Glendale Shopping Plaza, The University of Utah, and Discovery Gateway. The community is car-dependent with a WalkScore® of 33.

Glendale Park

Average Rent

$1,121/Month

TransitScore® Rating

49/100

Units Available

40 Rentals

Glendale Park is an affordable neighborhood in Salt Lake City with an average rent price of $1,121. Compare this to the city average of $1,442. Glendale Park provides easy access to Power Station, Fairpark Station, and California National Historic Trail. It’s a car-dependent neighborhood with a WalkScore® of 36.

Rose Park

Average Rent

$1,182/Month

Year-Over-Year Rent Change

4.4%

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

If you’re looking for a great, affordable neighborhood in Salt Lake City, Fairbourne Station might be the perfect place! It has an average rent price of $1,225, while the city’s average stands at $1,442. Fairbourne Station is near Salt Lake City International, 35th South Corner, and University of Phoenix, Utah.

Coats Estates

Average Rent

$1,255/Month

Units Available

13 Rentals

Coats Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in Coats Estates is $1,255 while the city average is $1,442. Residents enjoy convenient access to Redwood Junction Station, Wheeler Historic Farm, and University of Phoenix, Utah.

Downtown Murray

Average Rent

$1,267/Month

TransitScore® Rating

55/100

Units Available

26 Rentals

When you’re looking for a great Salt Lake City neighborhood on a budget, check out Downtown Murray. The average rent is $1,267, compared to the city average of $1,442. Downtown Murray is convenient to Solitude Mountain Resort, Fashion Place West, and Conservation Garden Park. The community is walkable 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

Granite Park is an affordable neighborhood in Salt Lake City with an average rent price of $1,323. Compare this to the city average of $1,442. Granite Park provides easy access to Salt Lake City International, International Peace Gardens, and Tracy Aviary. It’s a walkable neighborhood with a WalkScore® of 81.

Exchange Place Historic District

Average Rent

$1,353/Month

TransitScore® Rating

71/100

Units Available

28 Rentals

If you’re looking for a great, affordable neighborhood in Salt Lake City, Exchange Place Historic District might be the perfect place! It has an average rent price of $1,353, while the city’s average stands at $1,442. Exchange Place Historic District is near 600 South Station, City Center, and Clark Planetarium.

Taylorsville Gardens

Average Rent

$1,356/Month

TransitScore® Rating

40/100

Units Available

12 Rentals

Taylorsville Gardens is a top choice for budget-conscious renters for a variety of reasons. The average rent in Taylorsville Gardens is $1,356 while the city average is $1,442. Residents enjoy convenient access to The University of Utah, Westminster College, and West Valley Central Station. The neighborhood is considered 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.