Cheap New Apartments for Rent in San Diego, CA from $500 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in San Diego.

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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Versa
Built in 2015Studio to 2 Bedroom Apartments

Versa

2355 Via AltaSan Diego, CA 92108
Senior Living
  • Utilities Included
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Southwest Village
Built in 20241 Bedroom Apartments

Southwest Village

323-338 Willie James Jones AveSan Diego, CA 92102
  • Utilities Included
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Park 12 Podium
Built in 2018Studio to 3 Bedroom Apartments

Park 12 Podium

202 Park BlvdSan Diego, CA 92101

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Fairbanks Square
Built in 20151 to 2 Bedroom Apartments

Fairbanks Square

16050 Potomac Ridge RdSan Diego, CA 92127
Senior Living
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66th Street
Built in 20181 Bedroom Apartments

66th Street

630-636 66th StSan Diego, CA 92114
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Valencia Pointe
Built in 20232 to 3 Bedroom Apartments

Valencia Pointe

5930 Division StSan Diego, CA 92114
  • Utilities Included
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Monarch Studios
Built in 2023Studio Apartments

Monarch Studios

2955 Commercial StSan Diego, CA 92113

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Duetta and Volta at Millenia
Built in 20171 to 3 Bedroom Apartments

Duetta and Volta at Millenia

1734 Solstice AveChula Vista, CA 91915
Senior Living
  • Utilities Included
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Encelia Cota Vera
Built in 20231 to 3 Bedroom Apartments

Encelia Cota Vera

1910 Encelia CirChula Vista, CA 91913
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Grove Lofts
Built in 2018Studio to 1 Bedroom Apartments

Grove Lofts

8465 BroadwayLemon Grove, CA 91945
  • Utilities Included
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Paseo La Paz
Built in 20201 to 3 Bedroom Apartments

Paseo La Paz

160 W Seaward AveSan Ysidro, CA 92173

San Diego, CA Local Guide

Quick 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.

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Getting Around San Diego, CA

Walk Score®

74 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Transit Score®

46 / 100

Some Transit

A few nearby public transportation options

San Diego, CA Area Reviews

  • Parks
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Hayden4+ years in San Diego

March 6, 2025

San Diego is an amazing city for families, young professionals, and retirees!

Frequently Asked Questions about Cheap San Diego Apartments

What is a cheap apartment in San Diego?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in San Diego is under $1,450.

What is the price of a cheap apartment in San Diego?

The cheapest apartment in San Diego is Terrace Gardens Apartments - Seniors 55+ which is listed at $1,400, while the average apartment in San Diego costs $5,893.

What types of apartments are the cheapest in San Diego?

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 953 regular apartments in San Diego that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in San Diego?

Cheap apartments in San Diego have an average cost of $661 which is $5,232 cheaper than the average rent for all rentals in San Diego.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Top 10 Most Affordable Neighborhoods in San Diego: A Local Real Estate Expert Guide

Written by: Hayden Goldberg

Aloha! I’m Hayden, your local San Diego Realtor and relocation expert with ApartmentHomeLiving.com.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.