Cheap Apartments for Rent in Carmichael, CA from $700 (116 Rentals)

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Search the lowest-cost Apartments available for rent right now in Carmichael.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Learn about Sacramento and the best places to live with original content written by our Local Expert Carrie Catalano

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Lone Oak Apartments
1 to 2 Bedroom Apartments

Lone Oak Apartments

2920 Garfield AveCarmichael, CA 95608
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Charisma Apartments
1 Bedroom Apartments

Charisma Apartments

5413 Marconi AveCarmichael, CA 95608
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Olive Glen Apartments
1 Bedroom Apartments

Olive Glen Apartments

5915 Kenneth AveCarmichael, CA 95608
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The Greens
1 to 2 Bedroom Apartments

The Greens

5421 El Camino AveCarmichael, CA 95608
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Terrace Apartments
2 Bedroom Apartments

Terrace Apartments

7154 Fair Oaks BlvdCarmichael, CA 95608
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5440 Marconi Ave
1 to 2 Bedroom Apartments

5440 Marconi Ave

5440 Marconi AveCarmichael, CA 95608
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Park Place Apartments
2 Bedroom Apartments

Park Place Apartments

2548 Walnut AveCarmichael, CA 95608
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El Camino Real
1 to 2 Bedroom Apartments

El Camino Real

5420 El Camino AveCarmichael, CA 95608
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Emerson Place Apartments
1 to 2 Bedroom Apartments

Emerson Place Apartments

5120 Marconi AveCarmichael, CA 95608
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Carmichael Woods
1 to 2 Bedroom Apartments

Carmichael Woods

2443 Mission AveCarmichael, CA 95608
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Cobble Creek Apartments
Studio to 2 Bedroom Apartments

Cobble Creek Apartments

4731 Whitney AveCarmichael, CA 95608
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Navigating the Rental Market: Tips for First-Time Renters

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Carmichael, CA Local Guide

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Cheapest Available Carmichael Apartments for Rent

 

The cheapest available apartment rental in Carmichael, CA is a 1 Bed unit found at The Madison in the North Edison neighborhood priced from $994. Fair Oaks Heights Apartments in the North Edison neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Carmichael apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The MadisonA11BR,1BA$994
Fair Oaks Heights ApartmentsAmbasador1BR,1BA$1,000
Rindle Ranch (55+)StudioStudio,1BA$1,184
The Crest at Citrus Heights (55+)StudioStudio,1BA$1,195
Mesa Verde ApartmentsStudioStudio,1BA$1,200
Sunset Crossings at 3401 Balmoral DriveBal-3409 1x1 F-LU1BR,1BA$1,250
The MeadowsThe MapleStudio,1BA$1,250
Redwood Square Apartments1A1BR,1BA$1,286
Eastwood Apartments1 x 11BR,1BA$1,295
Windmill Place ApartmentsWindmill 1x11BR,1BA$1,295

Best Value Apartments for Rent in Carmichael, CA

As of July 30, 2025 the best value apartment in the Carmichael area is the $1.53 price per square foot Unit #24 Model at Winding Creek Townhomes in the in the North Edison neighborhood starting from $1,995. The second greatest value Carmichael apartment is the Plan B Model at Sheraton Apartments starting at $1,700 with a $1.79 price per square foot in the Chant neighborhood. Here is today’s list of the best values for Carmichael apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Winding Creek TownhomesUnit #242BR,1.5BA$1.53
Sheraton ApartmentsPlan B2BR,1BA$1.79
Gold Crossing ApartmentsTwo Bedroom2BR,1BA$1.76
Rinconada Village2 bd 1 bath Downstairs With Backyard2BR,1BA$1.67
Walnut Avenue Apartments1x1 ( downstairs)1BR,1BA$1.50
Barcelona2x12BR,1BA$1.78
Acacia at Carmichael ApartmentsSophia1BR,1BA$1.62
Country Club GardensBirch1BR,1BA$1.67
Fairview Gardens2 BEDROOM2BR,1BA$1.76
The MadisonA11BR,1BA$1.58

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Carmichael Overview

If you’re looking to live in a place with mild weather, short drives for vacations, and with plenty to do all year long, then Carmichael is the next place you should call home. And given how there are many Carmichael apartments to choose from, finding a new, high-quality apartment is easy. Carmichael can boost your quality of life!

Why live in Carmichael, CA?

From mild weather and easy access to local freeways to local parks and beautiful scenery, Carmichael, California is a place I could call home. With the ocean and ski reports all within a few-hour drive, there is plenty to do in and around the Carmichael area. In addition, there are many parks and areas of interest that add to the many benefits of this exciting town. The large Carmichael Park and gorgeous Jensen Botanical Gardens also add to the beauty and diversity of this exceptional area. And with fun hiking and biking trails within close proximity, enjoying the great outdoors is easy in Carmichael.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Carmichael, CA Rentals by Map

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See the most popular apartments and homes in Carmichael, CA

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Getting Around Carmichael, CA

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

4 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Carmichael Apartments

What is the Cheapest Studio apartment in Carmichael?

Currently the most affordable Cheap Studio Apartment in Carmichael is at Rindle Ranch (55+) listed at $1,184.

How much is rent for a Cheap One Bedroom Carmichael Apartment?

The lowest price for a Cheap One Bedroom Carmichael Apartment is $994 at The Madison.

What is the lowest price for a Cheap Two Bedroom Carmichael Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Carmichael is starting from $1,130 at The Madison.

What is the most affordable Carmichael Three Bedroom Apartment?

The best deal on a cheap Carmichael Three Bedroom Apartment rental is at The Madison and starts from $1,671.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Finding an Affordable Gem: A Sacramento Locals Guide to the Best Bang-for-Your-Buck Neighborhoods to Rent

Written by: Carrie Catalano

Hi there, I'm Carrie, your ApartmentHomeLiving.com Local Expert for Sacramento, California. I was born and raised in Sacramento, and started my own family here.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.