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Cheap Apartments for Rent in the Colonial Village Neighborhood of Sacramento, CA from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Sacramento.
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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.
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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.
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Colonial Village, Sacramento, CA Local Guide
How much does it cost to rent an apartment in Colonial Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Village Studio Apartments | $1,727 | $1,595 | $2,185 |
| Colonial Village 1 Bedroom Apartments | $1,945 | $1,325 | $3,904 |
| Colonial Village 2 Bedroom Apartments | $1,964 | $769 | $6,254 |
| Colonial Village 3 Bedroom Apartments | $2,222 | $649 | $8,027 |
| Colonial Village 4 Bedroom Apartments | $1,028 | $695 | $1,330 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Colonial Village Neighborhood of Sacramento, CA.
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Colonial Village, Sacramento, CA Local Guide
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Cheapest Available Colonial Village Apartments for Rent
The cheapest available apartment rental in the Colonial Village area of Sacramento, CA is a 3 Beds unit found at Wexler priced from $1,244. University River Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here are the most affordable Colonial Village apartments for rent in Sacramento, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wexler | C1 XL Private | 3BR,3BA | $1,244 |
| University River Village | Large Classic 1x1 | 1BR,1BA | $1,325 |
| Greenridge Apartments | 1B 1B | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Colonial Village, CA
As of December 26, 2025 the best value apartment in the Colonial Village area is the $1.96 price per square foot 2B 1B Model at Greenridge Apartments in the in the Cordova neighborhood starting from $1,675. The second greatest value Colonial Village apartment is the 2DX2 Model at Hornet Commons Student Housing starting at $1,150 with a $1.44 price per square foot in the Downtown Sacramento neighborhood. Here is today’s list of the best values for Colonial Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Greenridge Apartments | 2B 1B | 2BR,1BA | $1.96 |
| Hornet Commons Student Housing | 2DX2 | 2BR,2BA | $1.44 |
| The Confluence | Waterford Premier | 2BR,1BA | $2.04 |
| Lotus Landing Apartments | 2x1 | 2BR,1BA | $2.14 |
| The Huntington Apartments | 1 Bedroom 1 Bath T | 1BR,1BA | $1.90 |
| Rivercrest Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.16 |
| The Phoenix Sacramento | 1x1 | 1BR,1BA | $2.29 |
| Stonebrook Apartments | Two bedroom | 2BR,1BA | $2.07 |
| The Edge | One Bedroom | 1BR,1BA | $2.20 |
| Carabay Apartments - Gated Community Featuring 1 and 2 Bedroom Apartments! | 1/1 Bedroom | 1BR,1BA | $2.41 |
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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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 ArticleCash 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.
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Pet Friendly LifestyleColonial Village, Sacramento, CA
Ranked #125
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Colonial Village, Sacramento, CA
Earl Warren Elementary
Sacramento City Unified School District
Public School - Grades K-6 (434)
6 out of 10
Hiram W. Johnson High
Sacramento City Unified School District
Public School - Grades 9-12 (1733)
3 out of 10
Will C. Wood Middle
Sacramento City Unified School District
Public School - Grades 7-8 (684)
6 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Colonial Village Apartments
What is a cheap apartment in Colonial Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Colonial Village is under $1,520.
What is the price of a cheap apartment in Colonial Village?
The cheapest apartment in Colonial Village is University River Village which is listed at $1,325, while the average apartment in Colonial Village costs $1,877.
What types of apartments are the cheapest in Colonial Village?
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 102 regular apartments in Colonial Village 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 Colonial Village?
Cheap apartments in Colonial Village have an average cost of $999 which is $878 cheaper than the average rent for all rentals in Colonial Village.
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
Finding an Affordable Gem: A Sacramento Locals Guide to the Best Bang-for-Your-Buck Neighborhoods to Rent
Written by: Carrie Catalano
Hi there, I'm Carrie, your ApartmentHomeLiving.com Local Expert for Sacramento, California. I was born and raised in Sacramento, and started my own family here.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.