Cheap Apartments for Rent in Diamond Springs, CA from $700 (52 Rentals)

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

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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2829 Manor Dr, Unit A
$1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850
2 Bedroom Apartment Available Now

2829 Manor Dr, Unit A

2829 Manor DrPlacerville, CA 95667

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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Talavera
Rent Specials
$1,990 - $3,840
Total Monthly Price

Total Monthly Price

Base Rent
$1,990 - $3,840
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Talavera

1550 Broadstone PkyFolsom, CA 95630
Corporate Housing
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  • 3D Tour

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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Atwell at Folsom Ranch
Rent Specials
$2,306 - $3,121
Total Monthly Price

Total Monthly Price

Base Rent
$2,306 - $3,121
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Atwell at Folsom Ranch

14481 Southpointe DrFolsom, CA 95630
Corporate Housing
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Placer Village
2 to 4 Bedroom Apartments

Placer Village

2789 Ray Lawyer DrPlacerville, CA 95667

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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Sierra Oaks
1 to 2 Bedroom Apartments

Sierra Oaks

2701 La Crescenta DrCameron Park, CA 95682
Corporate Housing

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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Showing Results 1-50, Page 1 of 2

Diamond Springs, CA Local Guide

Cheapest Neighborhoods for Apartments in Diamond Springs, CA

Pricing Updated: 06/13/2026

Current apartment rentals in the Diamond Springs, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Diamond Springs Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Diamond Place$1,850$1,00311

Cheapest Available Diamond Springs Apartments for Rent and Nearby

 

The cheapest available apartment rental in Diamond Springs, CA is a 3 Beds unit found at El Dorado Haven in the Diamond Place neighborhood priced from $1,003. KNOLLS AT GREEN VALLEY in the Cameron Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here is today’s list of the most affordable Diamond Springs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
El Dorado Haven3 Bed 30% AMI3BR,1BA$1,003
KNOLLS AT GREEN VALLEY1 Bedroom1BR,1BA$1,325
Bidwell PointeStudioStudio,1BA$1,500
Pleasant Valley2 Beds, 2 baths2BR,2BA$1,550
Vineyards at Valley ViewThe Shenandoah1BR,1BA$1,720
Crest View Apartments1 Bedroom1BR,1BA$1,745
The Overlook Apartments1 Bed 1 Bath1BR,1BA$1,747
Sierra OaksLassen1BR,1BA$1,749
Cameron Ridge2 Bed 2 Bath2BR,2BA$1,776
Cameron OaksResidence 11BR,1BA$1,805

Best Value Apartments for Rent in Diamond Springs, CA and Nearby

As of June 13, 2026 the best value apartment in the Diamond Springs area is the $1.81 price per square foot 2 Bedroom A Model at Pique at Iron Point in the in the The Promontory neighborhood starting from $2,800. The second greatest value Diamond Springs apartment is the 3 bedroom Model at Mangini Place starting at $1,887 with a $1.58 price per square foot in the The Promontory neighborhood. Here is today’s list of the best values for Diamond Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pique at Iron Point2 Bedroom A2BR,2.5BA$1.81
Mangini Place3 bedroom3BR,2BA$1.58
Fairmont at Willowcreek2A2BR,2BA$2.18
Bidwell PointeSerene2BR,2BA$2.24
Pleasant Valley2 Beds, 2 baths2BR,2BA$1.61
Willow View Apartments2 Bedroon 2 Bath2BR,2BA$1.95
Cameron Ridge2 Bed 2 Bath2BR,2BA$1.87
The Highland ApartmentsPlan B2BR,1BA$2.09
Preserve at Blue Ravine ApartmentsA1 (Willow)1BR,1BA$2.28
KNOLLS AT GREEN VALLEY1 Bedroom1BR,1BA$2.05

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

Explore Diamond Springs, CA Rentals by Map

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Frequently Asked Questions about Cheap Diamond Springs Apartments

What is the price of a cheap apartment in Diamond Springs?

The cheapest apartment in Diamond Springs is KNOLLS AT GREEN VALLEY which is listed at $1,325, while the average apartment in Diamond Springs costs $1,850.

What types of apartments are the cheapest in Diamond Springs?

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 8 regular apartments in Diamond Springs 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 Diamond Springs?

Cheap apartments in Diamond Springs have an average cost of $1,128 which is $722 cheaper than the average rent for all rentals in Diamond Springs.

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 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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.