Cheap Apartments for Rent in Placerville, CA from $700 (28 Rentals)

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Carson Ridge I & II
1 to 3 Bedroom Apartments

Carson Ridge I & II

2838-2848 Schnell School RdPlacerville, CA 95667
  • 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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Placer Village
2 to 4 Bedroom Apartments

Placer Village

2789 Ray Lawyer DrPlacerville, CA 95667

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.

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.

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.

Placerville, CA Local Guide

Cheapest Neighborhoods for Apartments in Placerville, CA

Pricing Updated: 05/07/2026

Current apartment rentals in the Placerville, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Placerville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Golf Course Terrace$1,816$1,00313
Long View Estates$1,816$1,00313
Green Acres$2,095$1,8953
Ridgecrest Estates$2,095$1,8953

Cheapest Available Placerville Apartments for Rent

 

The cheapest available apartment rental in Placerville, CA is a 3 Beds unit found at El Dorado Haven in the Diamond Place neighborhood priced from $1,003. Pleasant Valley in the Diamond Place neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,550. Here is today’s list of the most affordable Placerville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
El Dorado Haven3 Bed 30% AMI3BR,1BA$1,003
Pleasant Valley2 Beds, 2 baths2BR,2BA$1,550
Willow View Apartments2 Bedroon 2 Bath2BR,2BA$2,095

Best Value Apartments for Rent in Placerville, CA

As of May 07, 2026 the best value apartment in the Placerville area is the $1.61 price per square foot 2 Beds, 2 baths Model at Pleasant Valley in the in the Diamond Place neighborhood starting from $1,550. The second greatest value Placerville apartment is the 2 Bedroon 2 Bath Model at Willow View Apartments starting at $2,095 with a $2.21 price per square foot in the Diamond Place neighborhood. Here is today’s list of the best values for Placerville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pleasant Valley2 Beds, 2 baths2BR,2BA$1.61
Willow View Apartments2 Bedroon 2 Bath2BR,2BA$2.21
El Dorado Haven1 Bed 60% AMI1BR,1BA$2.36
4701 Park Hill Dr, Unit 14701 Park Hill DrStudio ,1BA$2.96

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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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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Frequently Asked Questions about Cheap Placerville Apartments

What types of apartments are the cheapest in Placerville?

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 16 regular apartments in Placerville 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 Placerville?

Cheap apartments in Placerville have an average cost of $1,164 which is $791 cheaper than the average rent for all rentals in Placerville.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.