Cheap Apartments for Rent in the Parkway South Sacramento Neighborhood of Sacramento, CA from $500 (44 Rentals)

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

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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property at 5895 28th St

$1,550 - $1,850

1 To 2 Bedroom Rentals

Available Now

5895 28th St

SacramentoCA95824

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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Cornerstone
1 to 3 Bedroom Apartments

Cornerstone

4550 Le Donne DrSacramento, CA 95823
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Chateau Lang
1 to 2 Bedroom Apartments

Chateau Lang

6601 44th StSacramento, CA 95823
  • Utilities Included
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Mulberry Estates
Studio to 3 Bedroom Apartments

Mulberry Estates

3903 49th AveSacramento, CA 95823
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Bowling Green Village
Studio to 2 Bedroom Apartments

Bowling Green Village

4100 49th AveSacramento, CA 95823
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Willow Glen Apartments
Studio to 2 Bedroom Apartments

Willow Glen Apartments

7474 La Mancha WaySacramento, CA 95823
  • Utilities Included

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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Florin Woods
Studio to 2 Bedroom Apartments

Florin Woods

7301 Florin Woods DrSacramento, CA 95823
  • Utilities Included
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Summerset Square
1 to 2 Bedroom Apartments

Summerset Square

6267 Martin Luther King Jr BlvdSacramento, CA 95824
  • Utilities Included

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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Sommerset Place
2 to 3 Bedroom Apartments

Sommerset Place

6100 48th AveSacramento, CA 95828
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Parkway Townhomes
Studio to 2 Bedroom Apartments

Parkway Townhomes

7236-7246 East PkySacramento, CA 95823
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Sun Valley Apartments
1 to 2 Bedroom Apartments

Sun Valley Apartments

4719 50th AveSacramento, CA 95823
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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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Tran Villa Apartments
1 to 3 Bedroom Apartments

Tran Villa Apartments

6470 Stockton BlvdSacramento, CA 95823
Senior Living
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Hampton Park Apartments
Studio to 3 Bedroom Apartments

Hampton Park Apartments

4050 Cuny AveSacramento, CA 95823
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Showing Results 1-44, Page 1 of 1

Parkway South Sacramento, Sacramento, CA Local Guide

Cheapest Available Parkway South Sacramento Apartments for Rent

 

The cheapest available apartment rental in the Parkway South Sacramento area of Sacramento, CA is a 1 Bed unit found at Florin Woods priced from $1,250. Sommerset Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,333. Here are the most affordable Parkway South Sacramento apartments for rent in Sacramento, CA:

Apartment ListingModel NameBed/BathPriced From
Florin Woods1bed_600Sqft1BR,1BA$1,250
Sommerset PlaceTwo Bedroom2BR,2BA$1,333
The EdgeOne Bedroom1BR,1BA$1,350
Greenridge Apartments1B 1B1BR,1BA$1,355
Lotus Landing Apartments1x11BR,1BA$1,362
Carabay Apartments - Gated Community Featuring 1 and 2 Bedroom Apartments!1/1 Bedroom1BR,1BA$1,395
Pinewood Apartments**LIMITED TIME "NEW-TO-MHP" APPLICANT SPECIAL*...2BR,1BA$1,395
Greystone Place Apartments2Bed/1Bath2BR,1BA$1,450
Gardenside ApartmentsOne Bedroom 1st Floor1BR,1BA$1,495

Best Value Apartments for Rent in Parkway South Sacramento, CA

As of May 31, 2026 the best value apartment in the Parkway South Sacramento area is the $1.68 price per square foot 3 Beds, 2 baths Model at Pacific Rim Apartments in the in the Parkway neighborhood starting from $1,846. The second greatest value Parkway South Sacramento apartment is the Three Bedroom Model at Sommerset Place starting at $1,876 with a $1.75 price per square foot in the Cordova neighborhood. Here is today’s list of the best values for Parkway South Sacramento apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pacific Rim Apartments3 Beds, 2 baths3BR,2BA$1.68
Sommerset PlaceThree Bedroom3BR,2BA$1.75
Breckenridge Village ApartmentsThe Atrium2BR,1BA$1.83
Greystone Place Apartments2Bed/1Bath2BR,1BA$1.90
Pinewood Apartments**LIMITED TIME "NEW-TO-MHP" APPLICANT SPECIAL*...2BR,1BA$1.84
Greenridge Apartments1B 1B1BR,1BA$1.91
Stonebrook ApartmentsTwo bedroom2BR,1BA$2.22
Florin Woods1bed_600Sqft1BR,1BA$1.95
The EdgeOne Bedroom1BR,1BA$2.20
Lotus Landing Apartments1x11BR,1BA$2.30

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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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
Parkway South Sacramento, Sacramento, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap Parkway South Sacramento Apartments

What is the price of a cheap apartment in Parkway South Sacramento?

The cheapest apartment in Parkway South Sacramento is Florin Woods which is listed at $1,250, while the average apartment in Parkway South Sacramento costs $1,846.

What types of apartments are the cheapest in Parkway South 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 13 regular apartments in Parkway South Sacramento that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.