
Cheap Apartments for Rent in the Parkway Neighborhood of Sacramento, CA from $1,100 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway area of Sacramento.


Total Monthly Price
Continental Terrace

Stonegate Apartments

Providence Place

Creekside Village Senior Apartments

Pinewood Apartments

Stonebrook Apartments
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.

Carmel Pointe

6630 Lindbrook Way

California Place Apartments

ADU

Total Monthly Price
Cedar Ridge Apartments

Aspen Park Apartments

White Willow Glen 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.

The Meridian

7701 Rotherton Way

107 A St

Garden Village

Mutual Housing Boulevard - Income Restriction

Willow Glen Apartments

25 La Pera Ct
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.

7368 Franklin Blvd

Florin Woods

7408 Franklin Blvd

Parkway Townhomes

Breckenridge Village Apartments

Ridgestone Apartments

Pine Manor (03/26)
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.

7905 Farnell Way
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 | $1,248 | $1,154 | $1,350 |
| Parkway 1 Bedroom Apartments | $1,417 | $1,121 | $1,648 |
| Parkway 2 Bedroom Apartments | $1,664 | $1,313 | $2,155 |
| Parkway 3 Bedroom Apartments | $1,733 | $1,478 | $1,877 |
| Parkway 4 Bedroom Apartments | $3,870 | $3,870 | $3,870 |
Browse Apartments in this Neighborhood
There are currently 29 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 1 Bed unit found at Florin Woods priced from $1,250. Crossing at Wyndham has the second lowest priced unit, which is a Studio apartment currently listed from $1,285. Here are the most affordable Parkway apartments for rent in Sacramento, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Florin Woods | 1bed_600Sqft | 1BR,1BA | $1,250 |
| Crossing at Wyndham | Studio Enhanced | Studio,1BA | $1,285 |
| Creekside Village Senior Apartments | 2 BR, 1 BA - Large | 2BR,1BA | $1,313 |
| Lotus Landing Apartments | 1x1 | 1BR,1BA | $1,362 |
| Pinewood Apartments | **LIMITED TIME "NEW-TO-MHP" APPLICANT SPECIAL*... | 2BR,1BA | $1,395 |
| Carmel Pointe | 1x1 | 1BR,1BA | $1,400 |
| Stonegate Apartments | 1X1 | 1BR,1BA | $1,414 |
| California Place Apartments | 1x1 A | 1BR,1BA | $1,449 |
| Cedar Ridge Apartments | 598 SF | 1BR,1BA | $1,469 |
| Aspen Park Apartments | 1x1 | 1BR,1BA | $1,498 |
Best Value Apartments for Rent in Parkway, CA
As of June 01, 2026 the best value apartment in the Parkway 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 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 | $1.68 |
| The Meridian | 2BR/2.0BA | 2BR,2BA | $1.83 |
| Breckenridge Village Apartments | The Atrium | 2BR,1BA | $1.83 |
| Pinewood Apartments | **LIMITED TIME "NEW-TO-MHP" APPLICANT SPECIAL*... | 2BR,1BA | $1.84 |
| White Willow Glen Apartments | 1BR/1.0BA | 1BR,1BA | $2.16 |
| Stonebrook Apartments | Two bedroom | 2BR,1BA | $2.22 |
| Florin Woods | 1bed_600Sqft | 1BR,1BA | $1.95 |
| Carmel Pointe | 1x1 | 1BR,1BA | $2.24 |
| Stonegate Apartments | 1X1 | 1BR,1BA | $2.34 |
| Lotus Landing Apartments | 1x1 | 1BR,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.
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 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 a cheap apartment in Parkway?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkway is under $1,498.
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 $3,870.
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 35 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.

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.

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.

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.