Cheap Homes for Rent in Rainbow, CA from $1,000 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Rainbow, CA Local Guide

Cheapest Available Rainbow Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rainbow, CA is a 1 Bed unit found at Pine View in the South Fallbrook neighborhood priced from $909. Fallbrook Trails in the South Fallbrook neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,326. Here is today’s list of the most affordable Rainbow apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pine View1 Bed 1 Bed1BR,1BA$909
Fallbrook TrailsStudioStudio,1BA$1,326
Towne & Country ApartmentsPlan 11BR,1BA$1,675
Sunset Pointe ApartmentsOne Bedroom1BR,1BA$1,750
Temecula Gardens Apartments1 Bedroom1BR,1BA$1,850

Best Value Apartments for Rent in Rainbow, CA and Nearby

As of June 06, 2025 the best value apartment in the Rainbow area is the $2.23 price per square foot B3 (White Alder) Model at Foothills at Old Town Apartments in the in the Sierra Estates neighborhood starting from $2,533. The second greatest value Rainbow apartment is the Milano Model at Temecula Ridge starting at $2,449 with a $2.41 price per square foot in the Maravilla neighborhood. Here is today’s list of the best values for Rainbow apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Foothills at Old Town ApartmentsB3 (White Alder)2BR,2BA$2.23
Temecula RidgeMilano2BR,1BA$2.41
Sunset ViewsRemodeled Two Bedroom One Bath2BR,1BA$2.20
Margarita Summit Apartments2-2B2BR,2BA$2.33
Summer Breeze ApartmentsD22BR,2BA$2.22
Morning Ridge Apartment HomesMilky Way2BR,2BA$2.48
Sunset Pointe ApartmentsOne Bedroom1BR,1BA$2.19
Portofino Apartments1x11BR,1BA$2.63
Hilltop at Winchester CreekR1A1BR,1BA$2.53
Pine View1 Bed 1 Bed1BR,1BA$1.55

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

Frequently Asked Questions about Rainbow

What type of rentals are currently available in Rainbow?

There are currently 40 Apartments for Rent in Rainbow, CA with pricing that ranges from $1,450 to $7,002. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainbow ranging from $1,000 to $5,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rainbow ranges from $1,000 to $5,500 with an average monthly rent of $3,141.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rainbow range from $1,950 to $7,002, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,495 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,195 and Four Bedroom Apartments start at $4,596.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.