Cheap Homes for Rent in Rainbow, CA from $1,700 (11 Rentals)

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

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

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.

Rainbow, CA Local Guide

Cheapest Available Rainbow Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rainbow, CA is a Studio unit found at Rosewood Apartments in the South Fallbrook neighborhood priced from $1,300. Sunset Terrace Apartments in the South Fallbrook neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,475. Here is today’s list of the most affordable Rainbow apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rosewood ApartmentsStudioStudio,1BA$1,300
Sunset Terrace ApartmentsStudioStudio,1BA$1,475
Westside ApartmentsOne Bed One Bath1BR,1BA$1,500
Amberwood ApartmentsOne Bed One Bath1BR,1BA$1,600
Fallbrook Trails1 Bedroom1BR,1BA$1,704

Best Value Apartments for Rent in Rainbow, CA and Nearby

As of May 27, 2026 the best value apartment in the Rainbow area is the $2.17 price per square foot 2 Bedroom 2 Bathroom Model at Sycamore Terrace Apartments in the in the Maravilla neighborhood starting from $2,375. The second greatest value Rainbow apartment is the D2 Model at Summer Breeze Apartments starting at $2,100 with a $2.17 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.
Sycamore Terrace Apartments2 Bedroom 2 Bathroom2BR,2BA$2.17
Summer Breeze ApartmentsD22BR,2BA$2.17
Tuscany RidgeB12BR,2BA$2.50
Mira Loma Apartments1 Bed, 1 bath1BR,1BA$2.05
Stonewood Apartment Homes2x12BR,1BA$2.50
Hilltop at Winchester CreekR1A1BR,1BA$2.39
Temecula Gardens Apartments1 Bedroom1BR,1BA$2.50
Westside ApartmentsOne Bed One Bath1BR,1BA$2.14
Sunset MeadowsOne Bedroom1BR,1BA$2.50
Amberwood ApartmentsOne Bed One Bath1BR,1BA$2.35

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

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.

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 Rainbow, CA Rentals by Map

View Map
Rainbow, CA Apartments Map
View Map
Rainbow, CA Rental Homes Map

Frequently Asked Questions about Rainbow

What type of rentals are currently available in Rainbow?

There are currently 44 Apartments for Rent in Rainbow, CA with pricing that ranges from $1,300 to $3,974. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainbow ranging from $1,795 to $13,900.

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 $1,795 to $13,900 with an average monthly rent of $3,853.

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.

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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.