
Cheap Homes for Rent in Diamond Springs, CA from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Diamond Springs.


308-1 Caldwell Dr

3049 Wiltse Rd

20250 Vineyard Ln

202 Pine St

2821 Mallard Ln, Unit 22
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.

2969 Oak St

301 1/2 Coloma St

2529 Greenwood Ln

6091 Dutch Mine Rd

2984 Bedford Ave

2760 Coloma 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.
Diamond Springs, CA Local Guide

How much does it cost to rent a home in Diamond Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Diamond Springs 2 Bedroom Homes for Rent | $2,265 | $1,695 | $2,795 |
| Diamond Springs 3 Bedroom Homes for Rent | $3,121 | $2,200 | $5,500 |
| Diamond Springs 4 Bedroom Homes for Rent | $3,560 | $2,650 | $4,850 |
| Diamond Springs 5 Bedroom Homes for Rent | $6,483 | $6,200 | $6,950 |
| Diamond Springs 6 Bedroom Homes for Rent | $5,297 | $4,600 | $5,995 |
Browse Top Homes for Rent in Diamond Springs
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Diamond Springs, CA Local Guide
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Cheapest Neighborhoods for Apartments in Diamond Springs, CA
Pricing Updated: 04/27/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Diamond Place | $1,816 | $1,003 | 13 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| El Dorado Haven | 3 Bed 30% AMI | 3BR,1BA | $1,003 |
| KNOLLS AT GREEN VALLEY | 1 Bedroom | 1BR,1BA | $1,325 |
| Mangini Place | 1 bedroom | 1BR,1BA | $1,341 |
| Cameron Ridge | 1 Bed 1 Bath | 1BR,1BA | $1,468 |
| Bidwell Pointe | Studio | Studio,1BA | $1,500 |
Best Value Apartments for Rent in Diamond Springs, CA and Nearby
As of April 27, 2026 the best value apartment in the Diamond Springs area is the $2.13 price per square foot Pevensey Model at Sherwood at Iron Point in the in the The Promontory neighborhood starting from $2,297. The second greatest value Diamond Springs apartment is the Calistoga Model at Overlook at Blue Ravine starting at $2,340 with a $2.20 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sherwood at Iron Point | Pevensey | 2BR,2BA | $2.13 |
| Overlook at Blue Ravine | Calistoga | 2BR,2BA | $2.20 |
| Lake Forest at El Dorado Hills | Briarwood | 2BR,1BA | $2.33 |
| Bidwell Pointe | Serene | 2BR,2BA | $2.24 |
| Pleasant Valley | 2 Beds, 2 baths | 2BR,2BA | $1.72 |
| Willow View Apartments | 2 Bedroon 2 Bath | 2BR,2BA | $2.21 |
| Cameron Ridge | 1 Bed 1 Bath | 1BR,1BA | $1.73 |
| Preserve at Blue Ravine Apartments | A1 (Willow) | 1BR,1BA | $2.33 |
| KNOLLS AT GREEN VALLEY | 1 Bedroom | 1BR,1BA | $2.05 |
| El Dorado Haven | 1 Bed 60% AMI | 1BR,1BA | $2.36 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Diamond Springs, CA Rentals by Map
See the most popular apartments and homes in Diamond Springs, CA
Frequently Asked Questions about Diamond Springs
What type of rentals are currently available in Diamond Springs?
There are currently 76 Apartments for Rent in Diamond Springs, CA with pricing that ranges from $1,003 to $4,795. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Diamond Springs ranging from $1,250 to $6,950.
What is the current price range for Rental Homes in Diamond Springs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Diamond Springs ranges from $1,250 to $6,950 with an average monthly rent of $3,754.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.