If you’re searching for a new place to live in Salt Lake City, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Salt Lake City neighborhoods have continued to increase over the years. Luckily, even in 2026, there are some Salt Lake City neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Salt Lake City for renters is sorted by lowest median rental rates compared to the Salt Lake City average.

Population 3,192
-23%
Median Rent $1,224 / month
23% less expensive than Salt Lake City
Population 11,039
-12%
Median Rent $1,406 / month
12% less expensive than Salt Lake City
Population 6,379
-6%
Median Rent $1,493 / month
6% less expensive than Salt Lake City
Population 8,676
-6%
Median Rent $1,496 / month
6% less expensive than Salt Lake City
Population 11,705
-2%
Median Rent $1,569 / month
2% less expensive than Salt Lake City
Population 16,255
-1%
Median Rent $1,570 / month
1% less expensive than Salt Lake City
Population 23,562
4%
Median Rent $1,657 / month
4% more expensive than Salt Lake City
Population 4,353
9%
Median Rent $1,732 / month
9% more expensive than Salt Lake City
Population 7,497
9%
Median Rent $1,740 / month
9% more expensive than Salt Lake City
Population 18,044
10%
Median Rent $1,755 / month
10% more expensive than Salt Lake City
Is This the Right Place for You? Local Insights Report
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Local Insights Report