Cheap Apartments for Rent in the Colonial Village Neighborhood of Sacramento, CA from $500 (8 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Sacramento.

property at 123 Lido Cir

123 Lido Cir

SacramentoCA95826
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Cornerstone
1 to 3 Bedroom Apartments

Cornerstone

4550 Le Donne DrSacramento, CA 95823

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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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Chateau Lang
1 to 2 Bedroom Apartments

Chateau Lang

6601 44th StSacramento, CA 95823
  • Utilities Included
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Hampton Court Apartments
Studio to 2 Bedroom Apartments

Hampton Court Apartments

3099 Great Falls WaySacramento, CA 95826
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3301 Redding Ave
1 to 2 Bedroom Apartments

3301 Redding Ave

3301 Redding AveSacramento, CA 95820

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.

Colonial Village, Sacramento, CA Local Guide

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. The Edge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable Colonial Village apartments for rent in Sacramento, CA:

Apartment ListingModel NameBed/BathPriced From
WexlerC1 XL Private3BR,3BA$1,244
The EdgeOne Bedroom1BR,1BA$1,350
Lotus Landing Apartments1x11BR,1BA$1,362

Best Value Apartments for Rent in Colonial Village, CA

As of November 16, 2025 the best value apartment in the Colonial Village area is the $2.31 price per square foot Two Bedroom Model at The Mezzo in the in the Downtown Sacramento neighborhood starting from $2,090. The second greatest value Colonial Village apartment is the 2B 1B Model at Greenridge Apartments starting at $1,775 with a $2.08 price per square foot in the Cordova neighborhood. Here is today’s list of the best values for Colonial Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The MezzoTwo Bedroom2BR,1BA$2.31
Greenridge Apartments2B 1B2BR,1BA$2.08
Hornet Commons Student Housing2DX22BR,2BA$1.44
The Huntington Apartments1 Bedroom 1 Bath1BR,1BA$1.90
Rivercrest Apartments1 Bed 1 Bath1BR,1BA$2.30
The Phoenix Sacramento1x11BR,1BA$2.23
Stonebrook ApartmentsTwo bedroom2BR,1BA$2.07
The EdgeOne Bedroom1BR,1BA$2.20
Lotus Landing Apartments1x11BR,1BA$2.30
Carabay Apartments - Gated Community1/1 Bedroom1BR,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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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.

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Pet Friendly Lifestyle
Colonial Village, Sacramento, CA

Ranked #116

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Colonial Village Neighborhood in Sacramento, CA

Walk Score®

54 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

70 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

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 $1,620.

What is the price of a cheap apartment in Colonial Village?

The cheapest apartment in Colonial Village is The Edge which is listed at $1,350, while the average apartment in Colonial Village costs $1,769.

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 105 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 $964 which is $805 cheaper than the average rent for all rentals in Colonial Village.

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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.