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 September 12, 2025, the average rent in Salt Lake City is $1,456, which is 1.1% 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
$1,106/Month
TransitScore® Rating
41/100
Units Available
43 Rentals
Booneville Gardens is a top choice for budget-conscious renters for a variety of reasons. The average rent in Booneville Gardens is $1,106 while the city average is $1,456. Residents enjoy convenient access to Power Station, California Crossing, and Mormon Pioneer National Historic Trail. The neighborhood is considered car-dependent with a WalkScore® of 33.
Glendale Park
Average Rent
$1,124/Month
TransitScore® Rating
49/100
Units Available
44 Rentals
When you’re looking for a great Salt Lake City neighborhood on a budget, check out Glendale Park. The average rent is $1,124, compared to the city average of $1,456. Glendale Park is convenient to Salt Lake Community College, Salt Lake Central Station, and 1940 W. North Temple Station. The community is car-dependent with a WalkScore® of 36.
Rose Park
Average Rent
$1,202/Month
Year-Over-Year Rent Change
6.4%
TransitScore® Rating
27/100
Units Available
21 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.
East Millcreek
Average Rent
$1,225/Month
Year-Over-Year Rent Change
18.4%
TransitScore® Rating
37/100
Units Available
24 Rentals
East Millcreek is a walkable residential area in Salt Lake City with access to shopping, dining, and parks. Outdoor enthusiasts enjoy the 10-minute drive to nearby hiking trails at Mount Olympus.
Downtown Murray
Average Rent
$1,261/Month
TransitScore® Rating
55/100
Units Available
11 Rentals
Downtown Murray is an affordable neighborhood in Salt Lake City with an average rent price of $1,261. Compare this to the city average of $1,456. Downtown Murray provides easy access to University of Phoenix, Utah, Murray North, and Murray Central. It’s a walkable neighborhood with a WalkScore® of 84.
Granite Park
Average Rent
$1,345/Month
TransitScore® Rating
44/100
Units Available
10 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 $1,345, while the city’s average stands at $1,456. Granite Park is near University of Phoenix, Utah, Westminster College, and Millcreek.
Jordan Meadows
Average Rent
$1,347/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
35/100
Units Available
71 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.
Emerson
Average Rent
$1,355/Month
TransitScore® Rating
40/100
Units Available
10 Rentals
Emerson is a top choice for budget-conscious renters for a variety of reasons. The average rent in Emerson is $1,355 while the city average is $1,456. Residents enjoy convenient access to The University of Utah, Liberty Park, and The Univ. of Utah, Ft Douglas. The neighborhood is considered walkable with a WalkScore® of 78.
Fairbourne Station
Average Rent
$1,363/Month
TransitScore® Rating
55/100
Units Available
17 Rentals
When you’re looking for a great Salt Lake City neighborhood on a budget, check out Fairbourne Station. The average rent is $1,363, compared to the city average of $1,456. Fairbourne Station is convenient to Clark Planetarium, Jordan River Service Center Relief, and Tracy Aviary. The community is walkable with a WalkScore® of 74.
Exchange Place Historic District
Average Rent
$1,388/Month
TransitScore® Rating
71/100
Units Available
31 Rentals
Exchange Place Historic District is an affordable neighborhood in Salt Lake City with an average rent price of $1,388. Compare this to the city average of $1,456. Exchange Place Historic District provides easy access to Gallivan Center, Main Library, and City Center Shops. It’s a walkable neighborhood with a WalkScore® of 86.
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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.