
Cheap Homes for Rent in the Downtown Sacramento Neighborhood of Sacramento, CA from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Sacramento area of Sacramento.


1938 Ethan Wy

4225 V St

1010 10th St, Unit 1011-24

1010 10th St, Unit 1010-8
Sacramento's Best Affordable Neighborhoods
Learn about Sacramento and the best places to live with original content written by our Local Expert Carrie Catalano

2253 2nd Ave

1106 G St

1119 Lochbrae Rd

957 McClatchy Way

409 13th St, Unit B
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.

2253 2nd Ave
Downtown Sacramento, Sacramento, CA Local Guide

How much does it cost to rent a home in Downtown Sacramento?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Sacramento 2 Bedroom Homes for Rent | $3,279 | $1,450 | $10,000+ |
| Downtown Sacramento 3 Bedroom Homes for Rent | $3,287 | $2,250 | $6,500 |
| Downtown Sacramento 4 Bedroom Homes for Rent | $2,878 | $2,600 | $3,265 |
| Downtown Sacramento 5 Bedroom Homes for Rent | $4,766 | $3,900 | $6,100 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Sacramento Neighborhood of Sacramento, CA.
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Downtown Sacramento, Sacramento, CA Local Guide
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Cheapest Available Downtown Sacramento Apartments for Rent
 The cheapest available apartment rental in the Downtown Sacramento area of Sacramento, CA is a 2 Beds unit found at Twelve55 Living priced from $575. Sakura has the second lowest priced unit, which is a Studio apartment currently listed from $690. Here are the most affordable Downtown Sacramento apartments for rent in Sacramento, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Twelve55 Living | 1255 Living – Bed Rental from $575 Near Sac State | 2BR,2BA | $575 |
| Sakura | Studio | Studio,1BA | $690 |
| Wong Center Senior Apartments | 1 Bedroom Plan A1 | 1BR,1BA | $879 |
| Ping Yuen Senior Community - 55 years + | Studio, 1 bath | Studio,1BA | $957 |
| 1816 F St | 0 Beds, 1 Baths | Studio,1BA | $1,000 |
Best Value Apartments for Rent in Downtown Sacramento, CA
As of August 31, 2026 the best value apartment in the Downtown Sacramento area is the $0.67 price per square foot D1 Model at The Crossings Student Apartments in the in the Downtown Sacramento neighborhood starting from $929. The second greatest value Downtown Sacramento apartment is the Sierra Grand Model at Sierra Regency Apartments starting at $1,700 with a $1.83 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Crossings Student Apartments | D1 | 4BR,4BA | $0.67 |
| Sierra Regency Apartments | Sierra Grand | 2BR,1.5BA | $1.83 |
| Twelve55 Living | 1255 Living – Bed Rental from $575 Near Sac State | 2BR,2BA | $0.65 |
| 719 19th St | 2 Beds, 1 Baths | 2BR,1BA | $1.84 |
| Hornet Commons Student Housing | 2DX2 | 2BR,2BA | $1.45 |
| 4439 V St | 1 Beds, 1 Baths | 1BR,1BA | $1.62 |
| 1615 W St | 1 Beds, 1 Baths | 1BR,1BA | $1.86 |
| Woodlake Terrace Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.91 |
| Wong Center Senior Apartments | 1 Bedroom Plan A2 | 1BR,1BA | $1.42 |
| Sakura | Studio | Studio ,1BA | $1.73 |
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.
Read ArticleDon'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 ArticleReal 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 ArticleQuick 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.
Best Local Schools in Downtown Sacramento, Sacramento, CA
California Middle School
School data provided by Great Schools
Frequently Asked Questions about Downtown Sacramento
What type of rentals are currently available in Downtown Sacramento?
There are currently 1614 Apartments for Rent in Downtown Sacramento, CA with pricing that ranges from $575 to $7,700. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Sacramento ranging from $500 to $39,500.
What is the current price range for Rental Homes in Downtown Sacramento?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Sacramento ranges from $500 to $39,500 with an average monthly rent of $2,935.
How much are larger Three and Four Bedroom Rentals in Downtown Sacramento?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Sacramento range from $755 to $7,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $6,500. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $599.
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

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.

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.