Cheap Apartments for Rent in the Downtown Sacramento Neighborhood of Sacramento, CA from $400 (176 Rentals)

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

Sacramento's Best Affordable Neighborhoods

Learn about Sacramento and the best places to live with original content written by our Local Expert Carrie Catalano

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2701 T St, Unit 2701
$1,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Total Monthly Price
$1,195
Studio Apartment Available Now

2701 T St, Unit 2701

2701 T StSacramento, CA 95816
Affordability
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 2320 G St

$1,399 - $1,795

1 To 2 Bedroom Rentals

Available Now

2320 G St

SacramentoCA95816

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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Downtown Sacramento, Sacramento, CA Local Guide

Cheapest Available Downtown Sacramento Apartments for Rent

 

The cheapest available apartment rental in the Downtown Sacramento area of Sacramento, CA is a 1 Bed unit found at Lofts at Globe Mills priced from $587. Wong Center Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $723. Here are the most affordable Downtown Sacramento apartments for rent in Sacramento, CA:

Apartment ListingModel NameBed/BathPriced From
Lofts at Globe MillsSenior Affordable1BR,1BA$587
Wong Center Senior Apartments1 Bedroom Plan A11BR,1BA$723
Ping Yuen Senior Community - 55 years +Studio, 1 bathStudio,1BA$957
1816 F St0 Beds, 1 BathsStudio,1BA$1,000
La Valentina ApartmentsStudioStudio,1BA$1,007
The Golden LoftsEfficiency UnitsStudio,1BA$1,100
The Riverview (55+)Studio (Renovated)Studio,1BA$1,195
The Kress RoyalStudioStudio,1BA$1,195
Woodlake Terrace Apartments1 Bed, 1 bath1BR,1BA$1,240

Best Value Apartments for Rent in Downtown Sacramento, CA

As of August 08, 2026 the best value apartment in the Downtown Sacramento area is the $1.68 price per square foot THE CASCADES Model at Fountains at Point West in the in the Downtown Sacramento neighborhood starting from $1,927. The second greatest value Downtown Sacramento apartment is the 2x1 Model at Mode starting at $1,725 with a $1.94 price per square foot in the Downtown Sacramento neighborhood. Here is today’s list of the best values for Downtown Sacramento apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fountains at Point WestTHE CASCADES2BR,2BA$1.68
Mode2x12BR,1BA$1.94
The MezzoStudioStudio ,1BA$1.94
719 19th St2 Beds, 1 Baths2BR,1BA$1.90
4439 V St1 Beds, 1 Baths1BR,1BA$1.62
1615 W St1 Beds, 1 Baths1BR,1BA$1.86
Howe Manor East Apartments1BR/1.0BA1BR,1BA$1.98
Woodlake Terrace Apartments1 Bed, 1 bath1BR,1BA$1.91
Wong Center Senior Apartments1 Bedroom Plan A21BR,1BA$1.42
1816 F St0 Beds, 1 BathsStudio ,1BA$2.00

Beyond the Dorms: Finding Affordable and Convenient Student Housing in Sacramento

Find the perfect student rental in Sacramento. A local's guide to the best neighborhoods and housing near UC Davis, Sacramento State, and American River College (ARC), covering Midtown, East Sac, and more.

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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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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.

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Best Local Schools in
Downtown Sacramento, Sacramento, CA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across California and customized analysis for Central Sacramento. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Sacramento Apartments

What is a cheap apartment in Downtown Sacramento?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Sacramento is under $1,240.

What is the price of a cheap apartment in Downtown Sacramento?

The cheapest apartment in Downtown Sacramento is Lofts at Globe Mills which is listed at $587, while the average apartment in Downtown Sacramento costs $1,899.

What types of apartments are the cheapest in Downtown Sacramento?

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 12 regular apartments in Downtown Sacramento 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 Downtown Sacramento?

Cheap apartments in Downtown Sacramento have an average cost of $475 which is $1,424 cheaper than the average rent for all rentals in Downtown Sacramento.

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 Beyond the Dorms: Finding Affordable and Convenient Student Housing in Sacramento article

Beyond the Dorms: Finding Affordable and Convenient Student Housing in Sacramento

Written by: Carrie Catalano

Hi there! I'm Carrie, your local Sacramento guide, and I've called this incredible city home for over 20 years.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.