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.