Cheap Apartments for Rent in Merced, CA from $500 (38 Rentals)

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

property at 2371 Gabriel Dr

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

1 Bedroom, 1 Bath Home for Rent

Available Now

2371 Gabriel Dr

MercedCA95340
property at 1495 Breezeway Ct

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

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

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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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
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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

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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2355 K St
Studio to 1 Bedroom Apartments

2355 K St

2355 K StMerced, CA 95340
  • Utilities Included
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Crest Apartments
1 to 2 Bedroom Apartments

Crest Apartments

341-351 W 21st StMerced, CA 95340
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Saratoga
Studio to 2 Bedroom Apartments

Saratoga

669 Loughborough DrMerced, CA 95348

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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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

Merced, CA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Merced, CA

Pricing Updated: 08/04/2026

Current apartment rentals in the Merced, CA area range in price from $574 to $2,400 with an overall median price of $1,671. The three Merced neighborhoods with the lowest median rent pricing are Central Merced at $1,200, Southwest Merced at $1,285, and Fairview Meadows at $1,350. 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$1,200$95016
Southwest Merced$1,285$99014
Fairview Meadows$1,350$1,0755
Downtown Merced$1,545$95049
Gateways$1,595$95034
North Merced$1,650$1,09513
South Merced$1,675$95023
Fahren's Park$1,758$1,30049
Mill House at Fahrens Creek$1,780$1,30043
Reverie$1,780$57433

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 $812. Brookdale Gardens in the The Crossings at Fahrens Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. 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$812
Brookdale Gardens0BR/1.0BAStudio,1BA$1,095
Grand Resort Apartments2 Bedroom Bungalow2BR,1BA$1,345
The VillagesHarvard1BR,1BA$1,445
Willow Glen2 Bedroom 1 Bath2BR,1BA$1,499
Swiss ColonyNewly Remodeled 2x12BR,1BA$1,550
Willowbrook Apartments2BR/2.0BA2BR,2BA$1,600

Best Value Apartments for Rent in Merced, CA

As of August 04, 2026 the best value apartment in the Merced area is the $1.61 price per square foot The Lagoon Remodel Model at Bear Creek North in the in the Gateways neighborhood starting from $2,050. The second greatest value Merced apartment is the 1422 Lansing St Model at 1422 Lansing St, Unit NA starting at $1,850 with a $1.56 price per square foot in the The Crossings at Fahrens Creek 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.
Bear Creek NorthThe Lagoon Remodel2BR,2BA$1.61
1422 Lansing St, Unit NA1422 Lansing St3BR,2BA$1.56
Village TerraceManor2BR,2BA$1.65
Bear Creek Park & Creekside ApartmentsSycamore Upstairs3BR,2BA$1.50
Willowbrook ApartmentsRENOVATED 2BR/2.0BA2BR,2BA$1.59
Willow Glen2 Bedroom 1 Bath2BR,1.5BA$1.73
3310 R St, Unit A3310 R St2BR,1BA$1.53
62 W 23rd St, Unit Merced Duplex62 W 23rd St1BR,1BA$1.47
958 Barney St958 Barney St1BR,1BA$1.76
The Retreat at MercedOne Bedroom/One Bathroom1BR,1BA$1.37

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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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!

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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 $812, while the average apartment in Merced costs $1,671.

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 152 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 $1,068 which is $603 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

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.