Most Affordable Neighborhoods in Salt Lake City, UT
Some of the cheapest neighborhoods in Salt Lake City are Glendale Park, Booneville Gardens, and Jordan Meadows. These neighborhoods offer some of the lowest rent prices in Salt Lake City, making them ideal for renters on a budget. As of June 13, 2025, the average rent in Salt Lake City is $1,462, which is 1.5% 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.
Glendale Park
Average Rent
$1,130/Month
TransitScore® Rating
49/100
Units Available
42 Rentals
When you’re looking for a great Salt Lake City neighborhood on a budget, check out Glendale Park. The average rent is $1,130, compared to the city average of $1,462. Glendale Park is convenient to Power Station, Discovery Gateway, and California National Historic Trail. The community is car-dependent with a WalkScore® of 36.
Booneville Gardens
Average Rent
$1,130/Month
TransitScore® Rating
41/100
Units Available
42 Rentals
Booneville Gardens is an affordable neighborhood in Salt Lake City with an average rent price of $1,130. Compare this to the city average of $1,462. Booneville Gardens provides easy access to The Univ. of Utah, Ft Douglas, Mormon Pioneer National Historic Trail, and 1940 W. North Temple Station. It’s a car-dependent neighborhood with a WalkScore® of 33.
Jordan Meadows
Average Rent
$1,188/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
35/100
Units Available
88 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.
All Seasons
Average Rent
$1,230/Month
TransitScore® Rating
52/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Salt Lake City, All Seasons might be the perfect place! It has an average rent price of $1,230, while the city’s average stands at $1,462. All Seasons is near Jackson/Euclid Station, International Peace Gardens, and The Univ. of Utah, Ft Douglas.
Rose Park
Average Rent
$1,351/Month
Year-Over-Year Rent Change
6.4%
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.
Taylorsville Gardens
Average Rent
$1,360/Month
TransitScore® Rating
40/100
Units Available
21 Rentals
Taylorsville Gardens is a top choice for budget-conscious renters for a variety of reasons. The average rent in Taylorsville Gardens is $1,360 while the city average is $1,462. Residents enjoy convenient access to Redwood Junction Station, University of Phoenix, Utah, and Murray North Station. The neighborhood is considered somewhat walkable with a WalkScore® of 51.
Fairpark
Average Rent
$1,369/Month
Year-Over-Year Rent Change
14.3%
TransitScore® Rating
54/100
Units Available
22 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.
Fairbourne Station
Average Rent
$1,374/Month
TransitScore® Rating
55/100
Units Available
10 Rentals
When you’re looking for a great Salt Lake City neighborhood on a budget, check out Fairbourne Station. The average rent is $1,374, compared to the city average of $1,462. Fairbourne Station is convenient to Discovery Gateway, Salt Lake City International, and River Trail Station. The community is walkable with a WalkScore® of 74.
Exchange Place Historic District
Average Rent
$1,409/Month
TransitScore® Rating
71/100
Units Available
32 Rentals
Exchange Place Historic District is an affordable neighborhood in Salt Lake City with an average rent price of $1,409. Compare this to the city average of $1,462. Exchange Place Historic District provides easy access to Salt Lake City International, Salt Lake Community College, and Liberty Park. It’s a walkable neighborhood with a WalkScore® of 86.
University District
Average Rent
$1,438/Month
TransitScore® Rating
59/100
Units Available
32 Rentals
If you’re looking for a great, affordable neighborhood in Salt Lake City, University District might be the perfect place! It has an average rent price of $1,438, while the city’s average stands at $1,462. University District is near 900 East Station, 4th South Market, and The University of Utah.
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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.