Cheap Apartments for Rent in Merced, CA from $500 (11 Rentals)

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

property at 1855 D St

1855 D St

MercedCA95340
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Sierra Meadows
1 to 2 Bedroom Apartments

Sierra Meadows

720 W 15th StMerced, CA 95340
Senior Living
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Yosemite Apartments
Studio to 2 Bedroom Apartments

Yosemite Apartments

3270-3278 Denver AveMerced, CA 95348
  • Utilities Included

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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Saratoga
Studio to 2 Bedroom Apartments

Saratoga

669 Loughborough DrMerced, CA 95348
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Ridgeview Meadows
1 to 2 Bedroom Apartments

Ridgeview Meadows

2111 Cold Springs AveMerced, CA 95341
  • Utilities Included
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2355 K St
Studio to 1 Bedroom Apartments

2355 K St

2355 K StMerced, CA 95340
  • Utilities Included
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Tioga Apartment Homes
Studio to 2 Bedroom Apartments

Tioga Apartment Homes

705-715 W Main StMerced, CA 95340
  • Utilities Included

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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Brookdale North
Studio to 2 Bedroom Apartments

Brookdale North

344 Brookdale DrMerced, CA 95340
  • Utilities Included

Merced, CA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Merced, CA

Pricing Updated: 10/27/2025

Current apartment rentals in the Merced, CA area range in price from $599 to $2,850 with an overall median price of $1,899. The three Merced neighborhoods with the lowest median rent pricing are Central Merced at $975, Fairview Meadows at $975, and Southwest Merced at $1,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Merced Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Central Merced$1,625$9757
Fairview Meadows$1,625$9754
Southwest Merced$1,625$1,2004
Gateways$1,720$97528
South Merced$1,720$1,34519
Claremont Reserve in Atwater$1,800$1,4254
North Merced$1,805$59961
Downtown Merced$1,912$97549
Mill House at Fahrens Creek$1,965$1,34521
Reverie$1,995$59932

Cheapest Available Merced Apartments for Rent

 

The cheapest available apartment rental in Merced, CA is a 4 Beds unit found at Merced Station in the Reverie neighborhood priced from $599. The Retreat at Merced in the Central Merced neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $783. Here is today’s list of the most affordable Merced apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Merced StationD24BR,4BA$599
The Retreat at MercedOne Bedroom/One Bathroom1BR,1BA$783
Brookdale Gardens0BR/1.0BAStudio,1BA$1,100
The Hub MercedC13BR,3BA$1,170
Swiss ColonyNewly Remodeled StudioStudio,1BA$1,300

Best Value Apartments for Rent in Merced, CA

As of October 27, 2025 the best value apartment in the Merced area is the $1.57 price per square foot 2BR/2.0BA Model at Willowbrook Apartments in the in the Mill House at Fahrens Creek neighborhood starting from $1,600. The second greatest value Merced apartment is the The Harbor Remodel W/D Hook Ups Model at Bear Creek North starting at $1,845 with a $1.85 price per square foot in the Gateways neighborhood. Here is today’s list of the best values for Merced apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willowbrook Apartments2BR/2.0BA2BR,2BA$1.57
Bear Creek NorthThe Harbor Remodel W/D Hook Ups2BR,1.5BA$1.85
Merced StationB12BR,2BA$1.43
Village LandingCarmel Upstairs2BR,1BA$1.77
Willow Glen2 Bedroom 1 Bath2BR,1.5BA$1.85
The VillagesHarvard1BR,1BA$1.73
Village TerraceVilla1BR,1BA$1.88
1680-1695 Ellen Ave1685-D2BR,1BA$1.80
The Retreat at MercedOne Bedroom/One Bathroom1BR,1BA$1.23
958 Barney St958 Barney St1BR,1BA$1.91

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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Merced Overview

The city of Merced has great health and educational facilities, providing a high quality of life for the locals. Apartments in Merced are readily available both for those who wish to purchase a home and those who want to rent. The city has a number of parks as well as an emerging college town. The prospects of future job growth are great, making the city attractive to young professionals.

Why live in Merced, CA?

Merced city offers high quality of life and looking for apartments in Merced will give you a chance to experience this life. The size of the city will allow you to have the small town feel. There are enough shopping areas to meet your shopping needs and outdoor recreational opportunities are abundant. The levels of crime and drug use are low, making the city a great environment in which to live with your family. There are enough health and education facilities in the city, a factor that makes it easy to access the important services.

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

Explore Merced, CA Rentals by Map

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Getting Around Merced, CA

Walk Score®

53 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Merced Apartments

What is a cheap apartment in Merced?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Merced is under $1,432.

What is the price of a cheap apartment in Merced?

The cheapest apartment in Merced is The Retreat at Merced which is listed at $783, while the average apartment in Merced costs $1,899.

What types of apartments are the cheapest in Merced?

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 20 regular apartments in Merced 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 Merced?

Cheap apartments in Merced have an average cost of $302 which is $1,597 cheaper than the average rent for all rentals in Merced.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.