
Cheap Homes for Rent in Parkway Neighborhood of Sacramento, CA from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkway area of Sacramento.


7701 Rotherton Way

25 La Pera Ct

7368 Franklin Blvd
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.

7408 Franklin Blvd

6630 Lindbrook Way

ADU

7905 Farnell Way
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.
Parkway, Sacramento, CA Local Guide

How much does it cost to rent a home in Parkway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway 2 Bedroom Homes for Rent | $1,732 | $1,225 | $2,498 |
| Parkway 3 Bedroom Homes for Rent | $2,126 | $1,400 | $2,599 |
| Parkway 4 Bedroom Homes for Rent | $2,766 | $2,395 | $3,695 |
| Parkway 5 Bedroom Homes for Rent | $2,595 | $2,595 | $2,595 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 |
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 Parkway
What type of rentals are currently available in Parkway?
There are currently 52 Apartments for Rent in Parkway, CA with pricing that ranges from $1,121 to $3,870. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway ranging from $750 to $3,695.
What is the current price range for Rental Homes in Parkway?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkway ranges from $750 to $3,695 with an average monthly rent of $2,081.
How much are larger Three and Four Bedroom Rentals in Parkway?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkway range from $1,478 to $1,877, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,599. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $3,870.
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.