Cheap Homes for Rent in Merced, CA from $700 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 630 Marshall Ln

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

4 Bedroom, 2 Bath Home for Rent

Available Now

630 Marshall Ln

MercedCA95348
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

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.

property at 3112 Denver Ave

$1,049 - $1,199

Total Monthly Price

Total Monthly Price

Base Rent
$1,049 - $1,199

Total Monthly Price
$1,049 - $1,199

1 To 2 Bedroom Condos for Rent

Available Now

3112 Denver Ave

MercedCA95348

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.

Merced, CA Local Guide

Cheapest Neighborhoods for Apartments in Merced, CA

Pricing Updated: 02/20/2026

Current apartment rentals in the Merced, CA area range in price from $529 to $2,200 with an overall median price of $1,735. The three Merced neighborhoods with the lowest median rent pricing are Fairview Meadows at $1,225, Central Merced at $825, and Southwest Merced at $825. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Merced Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Fairview Meadows$1,337$1,2255
Central Merced$1,550$82517
Southwest Merced$1,550$82515
Reverie$1,590$52919
Gateways$1,650$82538
Downtown Merced$1,685$82552
South Merced$1,720$97521
Claremont Reserve in Atwater$1,860$8759
Mill House at Fahrens Creek$1,905$1,25018
Fahren's Park$1,920$1,25025

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 $529. 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$529
The Retreat at MercedOne Bedroom/One Bathroom1BR,1BA$783
617 W Santa Fe Ave1 Bed, 1 bath1BR,1BA$895
Brookdale Gardens0BR/1.0BAStudio,1BA$1,095
Swiss ColonyNewly Remodeled StudioStudio,1BA$1,300

Best Value Apartments for Rent in Merced, CA

As of February 20, 2026 the best value apartment in the Merced area is the $1.59 price per square foot RENOVATED 2BR/2.0BA Model at Willowbrook Apartments in the in the Mill House at Fahrens Creek neighborhood starting from $1,625. The second greatest value Merced apartment is the B1 Model at Merced Station starting at $1,089 with a $1.20 price per square foot in the Reverie 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 ApartmentsRENOVATED 2BR/2.0BA2BR,2BA$1.59
Merced StationB12BR,2BA$1.20
The VillagesYale2BR,2BA$1.70
Willow Glen2 Bedroom 1 Bath2BR,1.5BA$1.78
Bear Creek Park & Creekside ApartmentsCypress Upstairs2BR,1BA$1.72
Village TerraceVilla with Garage1BR,1BA$1.84
1680-1695 Ellen Ave1685-D2BR,1BA$1.80
Swiss ColonyNewly Remodeled 1x11BR,1BA$2.07
The Retreat at MercedOne Bedroom/One Bathroom1BR,1BA$1.23
617 W Santa Fe Ave1 Bed, 1 bath1BR,1BA$1.43

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Merced, CA Rentals by Map

View Map
Merced, CA Apartments Map
View Map
Merced, CA Rental Homes Map

Frequently Asked Questions about Merced

What type of rentals are currently available in Merced?

There are currently 299 Apartments for Rent in Merced, CA with pricing that ranges from $529 to $2,200. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merced ranging from $700 to $3,000.

What is the current price range for Rental Homes in Merced?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Merced ranges from $700 to $3,000 with an average monthly rent of $1,758.

How much are larger Three and Four Bedroom Rentals in Merced?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Merced range from $1,045 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $3,000. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $529.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.