
Cheap Apartments for Rent in the Olive Drive Neighborhood of Davis, CA from $500 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olive Drive area of Davis.


Luma Davis

805 H St

819 H St

Axis at Davis

Octave

Greystone Apartments & Townhomes

Sharps & Flats

Avalon

647 D St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Academy Lane Apartment Homes

J Street

I Street Apartments

836-838 Douglass Ave

Parkside Apartments

Renaissance Park Apartments

University Square Apartments

Pinecrest Apartments

Oxford Parkside Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Cranbrook Apartments

Pennsylvania Place

University Court

Aero Apartments

The Edge Apartments

Fountain Circle Townhomes

230 J St

The Drake and Anderson Court

Viking Apartments

2963 Audubon Cir
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.

Meadow Ridge Apartments

Sorrento

Aggie Square Apartments

Almondwood Apartments

Casitas Apartments

Total Monthly Price
Alvarado Parkside Apartments

Cambridge House Apartments

Redwood Tree Apartments

Moore Village

Aria Davis
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.

New Harmony

Senior Walnut Terrace 62+

Senior Willow Glen 62+

720 D Street

Aggie Garden Apartments

Pinon Apartments

Camellia Apartments

503 1st St

162j

411 1st St
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.
Olive Drive, Davis, CA Local Guide

How much does it cost to rent an apartment in Olive Drive?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olive Drive Studio Apartments | $2,059 | $1,600 | $2,500 |
| Olive Drive 1 Bedroom Apartments | $1,924 | $1,500 | $3,150 |
| Olive Drive 2 Bedroom Apartments | $2,108 | $600 | $3,400 |
| Olive Drive 3 Bedroom Apartments | $2,052 | $765 | $3,995 |
| Olive Drive 4 Bedroom Apartments | $2,561 | $775 | $4,875 |
Browse Apartments in this Neighborhood
There are currently 62 rentals with your search options within a 2 mile radius of the Olive Drive Neighborhood of Davis, CA.
See all Apartments in DavisExplore Davis
Olive Drive, Davis, CA Local Guide
- Nearby Davis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 3 Beds apartment currently listed from $765. Here are the most affordable Olive Drive apartments for rent in Sacramento, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Anderson Place Apartments | Two Bedroom Updated - ILP Available Soon | 2BR,1BA | $640 |
| Luma Davis | 3BR/1.5BA | 3BR,1BA | $765 |
| Axis at Davis | C3 | 3BR,2BA | $860 |
| Octave | 3 Bedroom 2 Bath Townhouse | 3BR,2BA | $1,100 |
| Greystone Apartments & Townhomes | EARLY MOVE-IN JUNE/JULY + 1 MO FREE! Now Leasi... | 3BR,2BA | $1,200 |
| Academy Lane Apartment Homes | The Graduate | 1BR,1BA | $1,575 |
| Davis Creek | 1x1 Mobile Home | 1BR,1BA | $1,600 |
| University Square Apartments | 1 bedroom 1 bath | 1BR,1BA | $1,745 |
| Aero Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,850 |
| Fountain Circle Townhomes | 1-Bedroom | 1BR,1BA | $1,870 |
Best Value Apartments for Rent in Olive Drive, CA
As of July 26, 2026 the best value apartment in the Olive Drive area is the $1.65 price per square foot Residence 3 Model at Sharps & Flats in the in the 1917 Core neighborhood starting from $2,450. The second greatest value Olive Drive apartment is the D1 Model at Sterling 5th Street starting at $1,389 with a $0.96 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sharps & Flats | Residence 3 | 4BR,2BA | $1.65 |
| Sterling 5th Street | D1 | 4BR,4BA | $0.96 |
| SEVILLE AT MACE RANCH | 3 Bedroom 2 Bath | 3BR,2BA | $2.15 |
| Luma Davis | 3BR/1.5BA | 3BR,1.5BA | $0.62 |
| Axis at Davis | C4-ALT | 3BR,2BA | $1.09 |
| Octave | 3 Bedroom 2 Bath Townhouse | 3BR,2BA | $0.91 |
| Sherwood and Forest Arms Apartments | 2 Bed Apartment | 2BR,1BA | $2.35 |
| Cascade Davis LLC | Leasing for Fall 2026 | 2BR,1BA | $2.35 |
| The Spoke | 2x1 | 2BR,1BA | $1.15 |
| Oakshade Commons | 4x3 Flat Pricing Per Bed | 4BR,3BA | $1.94 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleOlive Drive, Davis, CA
Ranked #5
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 Academy Lane Apartment Homes which is listed at $1,575, while the average apartment in Olive Drive costs $2,625.
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 80 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 $794 which is $1,831 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

Beyond the Dorms: Finding Affordable and Convenient Student Housing in Sacramento
Written by: Carrie Catalano
Hi there! I'm Carrie, your local Sacramento guide, and I've called this incredible city home for over 20 years.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
