Cheap Apartments for Rent in the Fairgrounds Neighborhood of Sacramento, CA from $500 (55 Rentals)

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

property at 5521 27th Ave

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945
Total Monthly Price
$945

1 Bedroom, 1 Bath Home for Rent

Available Now

5521 27th Ave, Unit 4, Unit 4

5521 27th Ave
SacramentoCA95820

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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2707 I St, Unit 3, Unit 3
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500
1 Bedroom Apartment Available Now

2707 I St, Unit 3, Unit 3

2707 I StSacramento, CA 95816
Affordability
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Lions Court
1 to 2 Bedroom Apartments

Lions Court

2210 T StSacramento, CA 95816
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2713 T St
Studio to 2 Bedroom Apartments

2713 T St

2713 T StSacramento, CA 95816
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3301 Redding Ave
1 to 2 Bedroom Apartments

3301 Redding Ave

3301 Redding AveSacramento, CA 95820

Cash 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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2517 U St
1 Bedroom Apartments

2517 U St

2517 U StSacramento, CA 95818
  • Utilities Included
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Carol Manor
1 to 2 Bedroom Apartments

Carol Manor

3008-3014 O StSacramento, CA 95816
Student Housing
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3810 H St
1 Bedroom Apartments

3810 H St

3810 H StSacramento, CA 95816
  • Utilities Included
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1525 22nd St
Studio to 1 Bedroom Apartments

1525 22nd St

1525 22nd StSacramento, CA 95816
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Ken's Apartments
1 Bedroom Apartments

Ken's Apartments

3116 2nd AveSacramento, CA 95817
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3110 W St
1 Bedroom Apartments

3110 W St

3110 W StSacramento, CA 95817

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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2829 O Street
1 to 2 Bedroom Apartments

2829 O Street

2827 O StSacramento, CA 95816
  • Utilities Included
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Cascade Village
1 to 2 Bedroom Apartments

Cascade Village

7600 Fruitridge RdSacramento, CA 95820
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Fountain Gardens
Studio to 2 Bedroom Apartments

Fountain Gardens

2227-2237 N StSacramento, CA 95816
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2700 32nd St
1 Bedroom Apartments

2700 32nd St

2700 32nd StSacramento, CA 95817
  • Utilities Included
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Fairhaven Estates
Studio to 2 Bedroom Apartments

Fairhaven Estates

4500 63rd StSacramento, CA 95820
Senior Living
  • Utilities Included
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Q19
Studio to 2 Bedroom Apartments

Q19

1907 Q StSacramento, CA 95811
Corporate Housing
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3300 J St
1 Bedroom Apartments

3300 J St

3300 J StSacramento, CA 95816
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2631 27th St
1 to 2 Bedroom Apartments

2631 27th St

2631 27th StSacramento, CA 95818
  • Utilities Included

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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Fairgrounds, Sacramento, CA Local Guide

Cheapest Available Fairgrounds Apartments for Rent

 

The cheapest available apartment rental in the Fairgrounds area of Sacramento, CA is a 2 Beds unit found at Twelve55 Living priced from $575. Wexler has the second lowest priced unit, which is a 3 Beds apartment currently listed from $925. Here are the most affordable Fairgrounds apartments for rent in Sacramento, CA:

Apartment ListingModel NameBed/BathPriced From
Twelve55 LivingBed in 2 bedroom2BR,2BA$575
WexlerC13BR,3BA$925
The Canopy3132 SIDE - One Bedroom1BR,1BA$1,395
L St ApartmentsStudio (3213 L St)Studio,1BA$1,395
2610 N St1 Bd 1 Bath1BR,1BA$1,395
3000 T StStudioStudio,1BA$1,396
Fairhaven Estates1BR/1.0BA1BR,1BA$1,400
Trinity House ApartmentsStudio, 1 BathroomStudio,1BA$1,425
19J MidtownOccam's RazorStudio,1BA$1,440

Best Value Apartments for Rent in Fairgrounds, CA

As of May 11, 2026 the best value apartment in the Fairgrounds area is the $2.07 price per square foot 3x2 Renovated Apartment Model at University River Village in the in the Downtown Sacramento neighborhood starting from $2,345. The second greatest value Fairgrounds apartment is the Two Bedroom Model at Reserve at Cadillac Apartments starting at $1,879 with a $1.79 price per square foot in the River Park neighborhood. Here is today’s list of the best values for Fairgrounds apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University River Village3x2 Renovated Apartment3BR,2BA$2.07
Reserve at Cadillac ApartmentsTwo Bedroom2BR,1.5BA$1.79
La ProvenceAvignon2BR,1BA$2.22
Peacock ApartmentsTwo Bedroom One Bath2BR,1BA$1.86
Hornet Commons Student Housing2DX22BR,2BA$1.44
Element Student Living2X22BR,2BA$1.45
Cadillac Drive Townhomes1 Bedroom 1 Bath1BR,1BA$2.20
Academy 65B1 Semi-Shared2BR,2BA$1.06
Howe2 Bedroom2BR,1BA$2.19
WexlerB12BR,2BA$2.07

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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Pet Friendly Lifestyle
Fairgrounds, Sacramento, CA

Ranked #47

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Fairgrounds, Sacramento, CA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across California and customized analysis for Sacramento, California. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Fairgrounds Apartments

What is a cheap apartment in Fairgrounds?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairgrounds is under $1,440.

What is the price of a cheap apartment in Fairgrounds?

The cheapest apartment in Fairgrounds is 2610 N St which is listed at $1,395, while the average apartment in Fairgrounds costs $1,989.

What types of apartments are the cheapest in Fairgrounds?

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 44 regular apartments in Fairgrounds 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 Fairgrounds?

Cheap apartments in Fairgrounds have an average cost of $637 which is $1,352 cheaper than the average rent for all rentals in Fairgrounds.

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 Finding an Affordable Gem: A Sacramento Locals Guide to the Best Bang-for-Your-Buck Neighborhoods to Rent article

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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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.