Cheap Apartments for Rent in Placentia, CA from $500 (122 Rentals)

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

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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Hacienda La Jolla
2 to 3 Bedroom Apartments

Hacienda La Jolla

752-840 La Jolla StPlacentia, CA 92870
  • Utilities Included
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The Terrace Apartments
1 to 2 Bedroom Apartments

The Terrace Apartments

1010 E Yorba Linda BlvdPlacentia, CA 92870
  • Utilities Included
property at 5182 Jay St

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

5182 Jay St

Yorba LindaCA92886

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

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property at 114 N Cornell Ave

$1,675 - $3,500

Studio To 3 Bedroom Rentals

Available Now

114 N Cornell Ave

FullertonCA92831

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.

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.

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.

Placentia, CA Local Guide

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Cheapest Neighborhoods for Apartments in Placentia, CA

Pricing Updated: 08/15/2026

Current apartment rentals in the Placentia, CA area range in price from $1,750 to $4,640 with an overall median price of $2,784. Here is today’s list neighborhoods with the lowest median pricing for Placentia Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Clementine$2,500$1,75035
Atwood$2,950$1,99960

Cheapest Available Placentia Apartments for Rent

 

The cheapest available apartment rental in Placentia, CA is a 1 Bed unit found at Hillcrest Village Senior Living in the Clementine neighborhood priced from $1,750. Moonraker Apartments in the Clementine neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,750. Here is today’s list of the most affordable Placentia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillcrest Village Senior Living1 Bedroom1BR,1BA$1,750
Moonraker ApartmentsStudioStudio,1BA$1,750
Sycamore VillageStudioStudio,1BA$1,825
Emerald Isle - 55+Augusta National1BR,1BA$1,850
Bradford Terrace Senior Apartments1 Bedroom, 1 Bath1BR,1BA$1,850
The Pointe at College Place Apartments1 Bed / 1 Bath1BR,1BA$1,850
518-530 Anna Dr.1Bed & 1Bath1BR,1BA$1,895
Piccadilly SquareOne Bedroom1BR,1BA$1,950
Summerhill Village ApartmentsSTUDIOStudio,1BA$1,950
Eastwood Apartment HomesPlan AStudio,1BA$1,960

Best Value Apartments for Rent in Placentia, CA

As of August 16, 2026 the best value apartment in the Placentia area is the $1.35 price per square foot 1920 E Cypress St Model at 1920 E Cypress St, Unit 26 in the in the East Anaheim neighborhood starting from $2,700. The second greatest value Placentia apartment is the 2 bedrrom Apartment Homes Model at The Villas At Anaheim Hills starting at $2,850 with a $2.65 price per square foot in the Orange Park Acres neighborhood. Here is today’s list of the best values for Placentia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1920 E Cypress St, Unit 261920 E Cypress St2BR,2.5BA$1.35
The Villas At Anaheim Hills2 bedrrom Apartment Homes2BR,2BA$2.65
Woodstock Terrace2 Bedrooms, 2 Bathrooms Plan C2BR,2BA$2.71
Baker Place Apartments2 Bed / 2 Bath2BR,2BA$2.54
ELEVATE APARTMENT HOMES1x11BR,1BA$2.76
Corsican Apartment Homes1 Bed 1 Bath1BR,1BA$2.68
Hampshire Square Apartment HomesPlan A1BR,1BA$2.72
bir4041bd + 1ba1BR,1BA$2.68
Monterra1+11BR,1BA$2.67
Hillcrest Village Senior Living1 Bedroom1BR,1BA$2.50

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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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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Placentia Overview

Placentia, California, is a town of around 51,000 residents in northern Orange County. The county is home to internationally famous amusement parks like Disneyland and Knott's Berry Farm and is also right next to Los Angeles and its many millions of people. Southern California is a vast metropolis encompassing several counties, and Placentia is just a tiny part. The community of Placentia is an interesting mixture of suburbia and urban sprawl, with excellent access to freeways and job centers like Anaheim and Orange. Many residents in Placentia commute during the week to jobs throughout Orange County. The city was once well-known for its proximity to the citrus industry and local farms, but the neighborhoods and apartments throughout Placentia have become more suburban rather than rural over the last half-century.

Why live in Placentia, CA?

One of the best reasons to consider Placentia for your future apartment home is that the community offers a perfect balance between quiet suburbia and the big city. You're never far from anything when you live in Southern California, and Placentia is an excellent choice for anyone interested in living in a suburban environment that's just an hour away from the beach or mountains. If you drive west, you'll greet the gorgeous Pacific and Orange County's famous beaches. If you drive northeast, you'll see beautiful mountain cities like Big Bear and Lake Arrowhead. And beyond the benefits of nearby recreation, Placentia is also a solid place to live for commuters who work in larger cities of Orange County like Anaheim, Huntington Beach, and Orange.

Placentia, CA
Population: 51,671

Ranked #754

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 Placentia Apartments

What is a cheap apartment in Placentia?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Placentia is under $1,960.

What is the price of a cheap apartment in Placentia?

The cheapest apartment in Placentia is Hillcrest Village Senior Living which is listed at $1,750, while the average apartment in Placentia costs $2,784.

What types of apartments are the cheapest in Placentia?

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 4 regular apartments in Placentia 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 Placentia?

Cheap apartments in Placentia have an average cost of $367 which is $2,417 cheaper than the average rent for all rentals in Placentia.

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.

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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.