Cheap Apartments for Rent in the Central Gilroy Neighborhood of Gilroy, CA from $1,200 (5 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Gilroy area of Gilroy.

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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Milias Apartments
Studio Apartments

Milias Apartments

7397 Monterey StGilroy, CA 95020
  • Utilities Included
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Palmera Park
Studio to 1 Bedroom Apartments

Palmera Park

8224 Church StGilroy, CA 95020

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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Bellagio Villas
1 to 3 Bedroom Apartments

Bellagio Villas

1129 MontebelloGilroy, CA 95020

Central Gilroy, Gilroy, CA Local Guide

Cheapest Available Central Gilroy Apartments for Rent

 

The cheapest available apartment rental in the Central Gilroy area of Gilroy, CA is a 1 Bed unit found at Wheeler Manor - Affordable Senior Housing 62+ priced from $1,257. Village at First has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,177. Here are the most affordable Central Gilroy apartments for rent in Gilroy, CA:

Apartment ListingModel NameBed/BathPriced From
Wheeler Manor - Affordable Senior Housing 62+One Bedroom1BR,1BA$1,257
Village at First2x1 2B2BR,1BA$2,177
Terrazo Apartments1 Bed 1 Bath1BR,1BA$2,275

Best Value Apartments for Rent in Central Gilroy, CA

As of April 28, 2026 the best value apartment in the Central Gilroy area is the $3.25 price per square foot 2x1 A Model at Village at Santa Teresa Apartments in the in the West Side Gilroy neighborhood starting from $2,629. The second greatest value Central Gilroy apartment is the 2x1 2A Model at Village at First starting at $2,177 with a $2.96 price per square foot in the West Side Gilroy neighborhood. Here is today’s list of the best values for Central Gilroy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Village at Santa Teresa Apartments2x1 A2BR,1BA$3.25
Village at First2x1 2A2BR,1BA$2.96
Terrazo Apartments1 Bed 1 Bath1BR,1BA$3.50
Kern Avenue Apartments1 bedroom / 1 bathroom1BR,1BA$3.80
Cypress Pointe Apartments1x1 A1BR,1BA$3.91
Wheeler Manor - Affordable Senior Housing 62+One Bedroom1BR,1BA$2.18

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.

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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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The 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.

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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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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
Central Gilroy, Gilroy, CA

Ranked #3

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

ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States and customized analysis for Central Gilroy, CA. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, places to raise kids, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Central Gilroy Apartments

What is the price of a cheap apartment in Central Gilroy?

The cheapest apartment in Central Gilroy is Wheeler Manor - Affordable Senior Housing 62+ which is listed at $1,257, while the average apartment in Central Gilroy costs $3,031.

What types of apartments are the cheapest in Central Gilroy?

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 12 regular apartments in Central Gilroy that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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.

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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.

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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.

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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.