
Cheap Apartments for Rent in the Olive Drive area Neighborhood of Bakersfield, CA from $700 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olive Drive area area of Bakersfield.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Springwood Court
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1210 Muir Dr
Olive Drive area, Bakersfield, CA Local Guide

How much does it cost to rent an apartment in Olive Drive area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olive Drive area Studio Apartments | $883 | $883 | $883 |
| Olive Drive area 1 Bedroom Apartments | $1,438 | $794 | $1,915 |
| Olive Drive area 2 Bedroom Apartments | $1,861 | $1,142 | $2,300 |
| Olive Drive area 3 Bedroom Apartments | $2,181 | $1,800 | $2,570 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Olive Drive area Neighborhood of Bakersfield, CA.
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Best Value Apartments for Rent in Olive Drive area, CA
As of May 04, 2026 the best value apartment in the Olive Drive area area is the $1.50 price per square foot The Aspen Model at Oak Park in the in the Polo Grounds neighborhood starting from $1,895. The second greatest value Olive Drive area apartment is the B1 Upstairs Model at The Retreat at Riverlakes starting at $1,940 with a $1.77 price per square foot in the Briarwood neighborhood. Here is today’s list of the best values for Olive Drive area apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oak Park | The Aspen | 2BR,2BA | $1.50 |
| The Retreat at Riverlakes | B1 Upstairs | 2BR,2BA | $1.77 |
| Northview Meadows | 2 Bedroom | 2BR,2BA | $1.59 |
| Breakwater Apartments | 2X2 Upstairs | 2BR,2BA | $1.91 |
| The Place Off Coffee | One Bedroom 1 Bath | 1BR,1BA | $2.07 |
| The Grove Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2.05 |
| Whispering Meadows Apartments and Suites | 1 bedroom | 1BR,1BA | $1.73 |
| Belcourt Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $1.92 |
| Hunter's Glen | 1 Bedroom 1 Bath | 1BR,1BA | $2.08 |
| Harmony Court | 1x1 | 1BR,1BA | $1.59 |
Frequently Asked Questions about Cheap Olive Drive area Apartments
What is the price of a cheap apartment in Olive Drive area?
The cheapest apartment in Olive Drive area is Harmony Court which is listed at $794, while the average apartment in Olive Drive area costs $2,212.
What types of apartments are the cheapest in Olive Drive area?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Olive Drive area that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Olive Drive area?
Cheap apartments in Olive Drive area have an average cost of $567 which is $1,645 cheaper than the average rent for all rentals in Olive Drive area.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Bakersfield Local Expert's Top 10 Affordable Neighborhoods in Bakersfield, CA
Written by: Shannon Hilson
If you’re moving to California’s magical Central Coast and looking for a place to land that strikes a great balance between affordability and access, make sure you don’t sleep on Bakersfield.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.