Cheap Apartments for Rent in the Olive Drive Neighborhood of Davis, CA from $500 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Olive Drive area of Davis.

property at 819 H St

$795 - $3,495

1 To 4 Bedroom Townhomes for Rent

Available Now

819 H St

DavisCA95616
property at 805 H St

$795 - $3,495

1 To 4 Bedroom Condos for Rent

Available Now

805 H St

DavisCA95616

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.

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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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Moore Village
1 to 3 Bedroom Apartments

Moore Village

2444 Moore BlvdDavis, CA 95618
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Aria Davis
1 to 3 Bedroom Apartments

Aria Davis

2222 Sycamore LnDavis, CA 95616
Student Housing
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New Harmony
1 to 3 Bedroom Apartments

New Harmony

3030 Cowell BlvdDavis, CA 95618
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Senior Willow Glen 62+
1 to 2 Bedroom Apartments

Senior Willow Glen 62+

310 Becerra WayDavis, CA 95618
Senior Living
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720 D Street
1 to 2 Bedroom Apartments

720 D Street

720 D StDavis, CA 95616

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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Pinon Apartments
1 to 3 Bedroom Apartments

Pinon Apartments

555 Guava LnDavis, CA 95616
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Camellia Apartments
1 to 2 Bedroom Apartments

Camellia Apartments

505-525 I StDavis, CA 95616
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411 1st St
Studio Apartments

411 1st St

411 1st StDavis, CA 95616
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Campus Manor
Studio Apartments

Campus Manor

230 A StDavis, CA 95616
Student Housing
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Sequoia Apartments
1 to 4 Bedroom Apartments

Sequoia Apartments

2255 Sycamore LnDavis, CA 95616
Student Housing
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Cascade Apartments
1 to 2 Bedroom Apartments

Cascade Apartments

771 Pole Line RdDavis, CA 95618
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Clearwater Apartments
1 to 2 Bedroom Apartments

Clearwater Apartments

4141 Cowell BlvdDavis, CA 95618
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Anderson Court
Studio to 3 Bedroom Apartments

Anderson Court

1905 Anderson RdDavis, CA 95616
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Showing Results 1-49, Page 1 of 1

Olive Drive, Davis, CA Local Guide

Cheapest Available Olive Drive Apartments for Rent

 

The cheapest available apartment rental in the Olive Drive area of Sacramento, CA is a 2 Beds unit found at Anderson Place Apartments priced from $640. Luma Davis has the second lowest priced unit, which is a 4 Beds apartment currently listed from $695. Here are the most affordable Olive Drive apartments for rent in Sacramento, CA:

Apartment ListingModel NameBed/BathPriced From
Anderson Place ApartmentsTwo Bedroom Updated - ILP Available Soon2BR,1BA$640
Luma Davis4BR/2BA4BR,2BA$695
The Spoke2x1 Triad2BR,1BA$739
Axis at DavisC33BR,2BA$820
Octave3 Bedroom 2 Bath Townhouse3BR,2BA$1,100
Greystone ApartmentsEARLY MOVE-IN + REDUCED RATES! Now Leasing for ...3BR,2BA$1,200
Davis Creek1x1 Mobile Home1BR,1BA$1,600
Parkside ApartmentsPlan 11BR,1BA$1,726
University Pines Apartments2BR/1.0BA2BR,1BA$1,950
Redwood Tree Apartments1X1 Type A1BR,1BA$1,995

Best Value Apartments for Rent in Olive Drive, CA

As of June 11, 2026 the best value apartment in the Olive Drive area is the $0.96 price per square foot D1 Model at Sterling 5th Street in the in the 1917 Core neighborhood starting from $1,389. The second greatest value Olive Drive apartment is the 3x3 Townhome Model at Avalon starting at $3,395 with a $2.34 price per square foot in the 1917 Core neighborhood. Here is today’s list of the best values for Olive Drive apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sterling 5th StreetD14BR,4BA$0.96
Avalon3x3 Townhome3BR,3BA$2.34
Sharps & FlatsTownhome 13BR,2.5BA$2.21
Luma Davis3BR/1.5BA3BR,1.5BA$0.61
Axis at DavisC4-ALT3BR,2BA$1.09
Octave3 Bedroom 2 Bath Townhouse3BR,2BA$0.91
Casitas Apartments3 bdr. 1.5 bath - ILP3BR,1.5BA$0.48
Tanglewood2X22BR,2BA$2.31
Alvarado Sunset2TH2BR,1BA$2.01
Oakshade Commons4x3 Townhouse Pricing Per Bed4BR,3BA$2.01

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Pet Friendly Lifestyle
Olive Drive, Davis, CA

Ranked #4

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across California, including Davis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, apartment complexes for the kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Olive Drive Apartments

What is the price of a cheap apartment in Olive Drive?

The cheapest apartment in Olive Drive is Davis Creek which is listed at $1,600, while the average apartment in Olive Drive costs $3,187.

What types of apartments are the cheapest in Olive Drive?

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 77 regular apartments in Olive Drive 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?

Cheap apartments in Olive Drive have an average cost of $749 which is $2,438 cheaper than the average rent for all rentals in Olive Drive.

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

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

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.