Cheap Apartments for Rent in the Parkway South Sacramento Neighborhood of Sacramento, CA from $500 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway South Sacramento area of Sacramento.
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Parkway South Sacramento, Sacramento, CA Local Guide

How much does it cost to rent an apartment in Parkway South Sacramento?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway South Sacramento 1 Bedroom Apartments | $1,441 | $1,300 | $1,750 |
| Parkway South Sacramento 2 Bedroom Apartments | $1,682 | $1,400 | $1,965 |
| Parkway South Sacramento 3 Bedroom Apartments | $1,877 | $1,877 | $1,877 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Parkway South Sacramento Neighborhood of Sacramento, CA.
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Parkway South Sacramento, Sacramento, CA Local Guide
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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 Rose Terrace Apartments priced from $1,300. The Edge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable Parkway South Sacramento apartments for rent in Sacramento, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rose Terrace Apartments | 1x1 | 1BR,1BA | $1,300 |
| The Edge | One Bedroom | 1BR,1BA | $1,350 |
| Greenridge Apartments | 1B 1B | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Parkway South Sacramento, CA
As of January 06, 2026 the best value apartment in the Parkway South Sacramento area is the $1.96 price per square foot 2B 1B Model at Greenridge Apartments in the in the Cordova neighborhood starting from $1,675. The second greatest value Parkway South Sacramento apartment is the 2BD/1.5BA Sandstone Cottage Model at Pinewood Apartments starting at $1,965 with a $2.34 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Greenridge Apartments | 2B 1B | 2BR,1BA | $1.96 |
| Pinewood Apartments | 2BD/1.5BA Sandstone Cottage | 2BR,1.5BA | $2.34 |
| Breckenridge Village Apartments | The Atrium | 2BR,1BA | $2.09 |
| Gardenside Apartments | Two Bedroom 2nd Floor | 2BR,1BA | $2.34 |
| Rose Terrace Apartments | 2x1 | 2BR,1BA | $2.30 |
| Stonebrook Apartments | Two bedroom | 2BR,1BA | $2.07 |
| The Edge | One Bedroom | 1BR,1BA | $2.20 |
| 6240 Martin Luther King Jr | 1/1 | 1BR,1BA | $2.42 |
| Lotus Landing Apartments | 1x1 | 1BR,1BA | $2.30 |
| Carabay Apartments - Gated Community Featuring 1 and 2 Bedroom Apartments! | 1/1 Bedroom | 1BR,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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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 Parkway South Sacramento, Sacramento, CA
Nicholas Elementary
Luther Burbank High
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 Rose Terrace Apartments which is listed at $1,300, while the average apartment in Parkway South Sacramento costs $1,877.
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 11 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

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.




