
Cheap Apartments for Rent in the Parkway Neighborhood of Sacramento, CA from $1,100 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway area of Sacramento.


Lotus Landing Apartments

Continental Terrace

Stonegate Apartments

Pacific Rim Apartments

Providence Place
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.

Creekside Village Senior Apartments

Pinewood Apartments

5710 66th Ave

Carmel Pointe

Stonebrook Apartments

Total Monthly Price
Cedar Ridge Apartments
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.

California Place Apartments

White Willow Glen Apartments

Aspen Park Apartments

107 A St

7701 Rotherton Way

Garden Village
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.

Mutual Housing Boulevard - Income Restriction

Willow Glen Apartments

Florin Woods

7368 Franklin Blvd

Parkway Townhomes

25 La Pera Ct
Sacramento's Best Affordable Neighborhoods
Learn about Sacramento and the best places to live with original content written by our Local Expert Carrie Catalano

7408 Franklin Blvd

Breckenridge Village Apartments
Parkway, Sacramento, CA Local Guide

How much does it cost to rent an apartment in Parkway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway Studio Apartments | $1,272 | $1,150 | $1,360 |
| Parkway 1 Bedroom Apartments | $1,445 | $1,121 | $1,850 |
| Parkway 2 Bedroom Apartments | $1,705 | $1,313 | $2,155 |
| Parkway 3 Bedroom Apartments | $1,615 | $1,232 | $1,877 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Parkway Neighborhood of Sacramento, CA.
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Parkway, Sacramento, CA Local Guide
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Cheapest Available Parkway Apartments for Rent
 The cheapest available apartment rental in the Parkway area of Sacramento, CA is a Studio unit found at Stonegate Apartments priced from $1,209. Pacific Rim Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,232. Here are the most affordable Parkway apartments for rent in Sacramento, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stonegate Apartments | STUDIO | Studio,1BA | $1,209 |
| Pacific Rim Apartments | 3 Beds, 2 baths | 3BR,2BA | $1,232 |
| Florin Woods | 1bed_600Sqft | 1BR,1BA | $1,250 |
| Creekside Village Senior Apartments | 2 BR, 1 BA - Large | 2BR,1BA | $1,313 |
| Crossing at Wyndham | Studio Renovated Plus | Studio,1BA | $1,335 |
| Lotus Landing Apartments | 1x1 | 1BR,1BA | $1,362 |
| Pinewood Apartments | 1B/1Ba Small -Sandstone | 1BR,1BA | $1,365 |
| Carmel Pointe | 1x1 | 1BR,1BA | $1,400 |
| Stonebrook Apartments | Two bedroom | 2BR,1BA | $1,400 |
| Cedar Ridge Apartments | 598 SF | 1BR,1BA | $1,459 |
Best Value Apartments for Rent in Parkway, CA
As of April 16, 2026 the best value apartment in the Parkway area is the $1.12 price per square foot 3 Beds, 2 baths Model at Pacific Rim Apartments in the in the Parkway neighborhood starting from $1,232. The second greatest value Parkway apartment is the 2BR/2.0BA Model at The Meridian starting at $1,695 with a $1.83 price per square foot in the Parkway neighborhood. Here is today’s list of the best values for Parkway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pacific Rim Apartments | 3 Beds, 2 baths | 3BR,2BA | $1.12 |
| The Meridian | 2BR/2.0BA | 2BR,2BA | $1.83 |
| Pine Manor (03/26) | Two Bedroom | 2BR,1BA | $2.22 |
| Breckenridge Village Apartments | The Atrium | 2BR,1BA | $1.83 |
| Continental Terrace | 1x1 | 1BR,1BA | $2.10 |
| White Willow Glen Apartments | 1BR/1.0BA | 1BR,1BA | $2.16 |
| Stonebrook Apartments | Two bedroom | 2BR,1BA | $2.07 |
| Florin Woods | 1bed_600Sqft | 1BR,1BA | $1.95 |
| Carmel Pointe | 1x1 | 1BR,1BA | $2.24 |
| Lotus Landing Apartments | 1x1 | 1BR,1BA | $2.30 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleBeyond 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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, Sacramento, CA
Charles E. Mack Elementary
Luther Burbank High
School data provided by Great Schools
Frequently Asked Questions about Cheap Parkway Apartments
What is the price of a cheap apartment in Parkway?
The cheapest apartment in Parkway is Florin Woods which is listed at $1,250, while the average apartment in Parkway costs $1,676.
What types of apartments are the cheapest in Parkway?
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 39 regular apartments in Parkway 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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.