Cheap Apartments for Rent in Merced, CA from $950 (43 Rentals)

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

property at 1295 Esplanade Dr
$550

Total Monthly Price

Base Rent$550

Total Monthly Price$550
5 Bedroom, 4 Bath Home for Rent
Available Now
Furnished

1295 Esplanade Dr

MercedCA95348
property at 4159 Sattui Ct
$650

Total Monthly Price

Base Rent$650

Total Monthly Price$650
1 Bedroom, 1 Bath Home for Rent
Available Oct 1
Furnished

4159 Sattui Ct

MercedCA95348
property at 1495 Breezeway Ct
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
1 Bedroom, 1 Bath Home for Rent
Available Oct 1
Affordability

1495 Breezeway Ct

MercedCA95340

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.

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958 Barney St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
1 Bedroom Apartment Available Now

958 Barney St

958 Barney StMerced, CA 95340
Affordability
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property at 132 W 18th St
$1,195
2 Bedroom, 1 Bath Rentals
Available Now
Affordability

2

132 W 18th St
MercedCA95340

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.

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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
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Laurel Glen
1 to 2 Bedroom Apartments

Laurel Glen

777 Loughborough DrMerced, CA 95348
  • Utilities Included

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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340-347
Studio to 1 Bedroom Apartments

340-347

149-163 W 11th StMerced, CA 95341
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46w18th
Studio Apartments

46w18th

46 W 18th StMerced, CA 95340
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The Grove Merced
2 to 4 Bedroom Apartments

The Grove Merced

340 S Parsons AveMerced, CA 95341
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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

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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E12th 101
1 Bedroom Apartments

E12th 101

101 E 12th StMerced, CA 95341
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Crest Apartments
1 to 2 Bedroom Apartments

Crest Apartments

341-351 W 21st StMerced, CA 95340
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1002kst
2 Bedroom Apartments

1002kst

1002-1018 K StMerced, CA 95341
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Saratoga
Studio to 2 Bedroom Apartments

Saratoga

669 Loughborough DrMerced, CA 95348
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Brookdale North
Studio to 2 Bedroom Apartments

Brookdale North

344 Brookdale DrMerced, CA 95340
Student Housing
  • Utilities Included
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River Glen Apartments
1 to 2 Bedroom Apartments

River Glen Apartments

2560 Glen AveMerced, CA 95340
  • 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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Tioga Apartment Homes
Studio to 2 Bedroom Apartments

Tioga Apartment Homes

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

Merced, CA Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Merced, CA

Pricing Updated: 09/18/2026

Current apartment rentals in the Merced, CA area range in price from $849 to $2,650 with an overall median price of $1,593. The three Merced neighborhoods with the lowest median rent pricing are Central Merced at $1,250, Fairview Meadows at $1,250, and Southwest Merced at $1,300. 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$1,250$95019
Fairview Meadows$1,250$1,10012
Southwest Merced$1,300$99016
Downtown Merced$1,395$95057
Gateways$1,425$95030
North Merced$1,595$1,09518
South Merced$1,595$95018
Fahren's Park$1,758$1,34540
Gardenstone at Bellevue Ranch$1,758$1,09535
Reverie$1,758$1,04634

Cheapest Available Merced Apartments for Rent

 

The cheapest available apartment rental in Merced, CA is a 1 Bed unit found at The Retreat at Merced in the Central Merced neighborhood priced from $546. 340-347 in the Gateways neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Merced apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Retreat at MercedOne Bedroom/One Bathroom1BR, 1BA$546
340-3470BR/1.0BAStudio, 1BA$825
46w18th0BR/1.0BAStudio, 1BA$850
1680-1695 Ellen Ave1B1BATH1BR, 1BA$950
E12th 1011BR/1.0BA1BR, 1BA$1,000
Merced StationD24BR, 4BA$1,046
Brookdale GardensStudioStudio, 1BA$1,095
1002kst2BR/1.0BA2BR, 1BA$1,100
Osito Apartments1X11BR, 1BA$1,125

Best Value Apartments for Rent in Merced, CA

As of September 18, 2026 the best value apartment in the Merced area is the $1.69 price per square foot Chateau with Garage Model at Village Terrace in the The Crossings at Fahrens Creek neighborhood starting from $2,055. The second greatest value Merced apartment is the 1422 Lansing St Model at 1422 Lansing St, Unit NA in the The Crossings at Fahrens Creek neighborhood starting at $1,850 with a $1.56 price per square foot. 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.
Village TerraceChateau with Garage3BR, 2BA$1.69
1422 Lansing St, Unit NA1422 Lansing St3BR, 2BA$1.56
Bear Creek Park & Creekside ApartmentsSycamore Upstairs3BR, 2BA$1.50
The VillagesYale2BR, 2BA$1.68
Shadowbrook Drive (1923-1933)2BR/1.5BA2BR, 1.5BA$1.60
Willow Glen2 Bedroom 1 Bath2BR, 1.5BA$1.73
3310 R St, Unit B3310 R St2BR, 1.5BA$1.59
The Retreat at MercedTwo Bedroom/One Bathroom2BR, 1BA$1.15
1047 W 19TH STModel 22BR, 1BA$1.63
340-3470BR/1.0BAStudio, 1BA$1.50

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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.

Merced, CA
Population: 83,316

Ranked #410

in US Census Population by City

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

Explore Merced, CA Rentals by Map

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Frequently Asked Questions about Cheap Merced Apartments

What is the price of a cheap apartment in Merced?

The cheapest apartment in Merced is The Retreat at Merced which is listed at $546, while the average apartment in Merced costs $1,593.

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 139 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 $1,059 which is $534 cheaper than the average rent for all rentals in Merced.

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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Rent According to Income: A Look at Income-Restricted Rentals

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.