
Cheap Homes for Rent in Rainbow Neighborhood of San Jose, CA from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Rainbow area of San Jose.


875 September Dr

410 Auburn Way
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.

10630 S Tantau Ave

20350 Stevens Creek Blvd

7344 Rainbow Dr
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.
Rainbow, San Jose, CA Local Guide

How much does it cost to rent a home in Rainbow?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Rainbow 2 Bedroom Homes for Rent | $3,391 | $2,400 | $4,530 |
Rainbow 3 Bedroom Homes for Rent | $4,587 | $3,995 | $5,600 |
Rainbow 4 Bedroom Homes for Rent | $6,674 | $5,200 | $10,000+ |
Rainbow 6 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Rainbow Neighborhood of San Jose, CA.
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Rainbow, San Jose, CA Local Guide
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Cheapest Available Rainbow Apartments for Rent
 The cheapest available apartment rental in the Rainbow area of San Jose, CA is a 1 Bed unit found at 4775 Atherton Ave priced from $2,095. North Colonial House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here are the most affordable Rainbow apartments for rent in San Jose, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
4775 Atherton Ave | 1 Bed 1 Bath | 1BR,1BA | $2,095 |
North Colonial House | 1B/1BA | 1BR,1BA | $2,100 |
Prospect Corners | *One Bedroom | 1BR,1BA | $2,250 |
Best Value Apartments for Rent in Rainbow, CA
As of July 25, 2025 the best value apartment in the Rainbow area is the $3.30 price per square foot Townhouse Model at Stevens Creek Villas in the in the Rancho Rinconada neighborhood starting from $4,450. The second greatest value Rainbow apartment is the 2 Bed 2 Bath Model at The Flair starting at $3,220 with a $3.07 price per square foot in the Fruitvale neighborhood. Here is today’s list of the best values for Rainbow apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Stevens Creek Villas | Townhouse | 2BR,2.5BA | $3.30 |
The Flair | 2 Bed 2 Bath | 2BR,2BA | $3.07 |
McClellan Terrace | Plan 1A | 1BR,1BA | $3.27 |
Siena Apartment Homes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $3.52 |
North Colonial House | 1B/1BA | 1BR,1BA | $2.80 |
City Gate at Cupertino | 1 Bedroom B | 1BR,1BA | $3.69 |
5137 Lapa Dr, Unit #4 | 5137 Lapa Dr | 2BR,1BA | $3.76 |
Prospect Corners | *One Bedroom | 1BR,1BA | $3.21 |
San Jose Gardens | 1 Bed/1Bath | 1BR,1BA | $3.45 |
4775 Atherton Ave | 1 Bed 1 Bath | 1BR,1BA | $3.45 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Rainbow
What type of rentals are currently available in Rainbow?
There are currently 429 Apartments for Rent in Rainbow, CA with pricing that ranges from $1,950 to $17,380. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainbow ranging from $1,010 to $12,260.
What is the current price range for Rental Homes in Rainbow?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rainbow ranges from $1,010 to $12,260 with an average monthly rent of $4,700.
How much are larger Three and Four Bedroom Rentals in Rainbow?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rainbow range from $3,300 to $5,821, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,995 to $5,600. Four Bedroom Single-Family rentals are also available starting from $5,200 and Four Bedroom Apartments start at $6,149.
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.

A Local Expert's Guide to the Top 10 Best Affordable Neighborhoods for Renters in San Jose
Written by: Shannon Hilson
If you’ve spent much time in San Jose, you’ve likely heard it referred to as “the capital of Silicon Valley” a time or two, and with good reason. San Jose has it all when it comes to the modern California lifestyle and then some.

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.

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.

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.