
Cheap Apartments for Rent in the South Market Neighborhood of San Jose, CA from $900 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Market area of San Jose.


468 S 6th St

598 Columbia Ave

Total Monthly Price
The Colonnade Apartments

Westwood Properties

101 San Fernando

439 S 4th St, Unit 23
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.

Polaris Apartments

Windy Hill Apartments

Centerra

33 South Third

Delmas Park

Pensione Esperanza

Jeanne D ARC Manor
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.

Metro Gardens

603 S 1st St

Fourth St. Apartments

Metro Gardens

39-0008

The Ruckers Mansion

Fourth Street Apartments
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.
South Market, San Jose, CA Local Guide

How much does it cost to rent an apartment in South Market?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Market Studio Apartments | $2,723 | $1,885 | $3,617 |
| South Market 1 Bedroom Apartments | $3,255 | $1,319 | $6,938 |
| South Market 2 Bedroom Apartments | $4,133 | $995 | $8,100 |
| South Market 3 Bedroom Apartments | $4,233 | $2,850 | $5,101 |
| South Market 4 Bedroom Apartments | $1,655 | $1,655 | $1,655 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the South Market Neighborhood of San Jose, CA.
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South Market, San Jose, CA Local Guide
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Cheapest Available South Market Apartments for Rent
 The cheapest available apartment rental in the South Market area of San Jose, CA is a 2 Beds unit found at 27 North - Student Housing Apartments priced from $995. 39-0008 has the second lowest priced unit, which is a Studio apartment currently listed from $1,850. Here are the most affordable South Market apartments for rent in San Jose, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 27 North - Student Housing Apartments | 2B Shared Attached - Fall 2026 (Other) | 2BR,2BA | $995 |
| 39-0008 | 0BR/1.0BA | Studio,1BA | $1,850 |
| The Colonnade Apartments | Medium Studio | Studio,1BA | $1,970 |
| Westwood Properties | 55 S 6th | 1BR,1BA | $2,195 |
| 101 San Fernando | Plan SC | Studio,1BA | $2,269 |
Best Value Apartments for Rent in South Market, CA
As of April 12, 2026 the best value apartment in the South Market area is the $2.85 price per square foot Plan 2M Model at 360 Residences in the in the South San Jose neighborhood starting from $4,797. The second greatest value South Market apartment is the C1 Model at SPARQ starting at $3,415 with a $3.53 price per square foot in the South San Jose neighborhood. Here is today’s list of the best values for South Market apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 360 Residences | Plan 2M | 2BR,2BA | $2.85 |
| SPARQ | C1 | 2BR,1BA | $3.53 |
| Museum Park | Soho LiveWork | 1BR,1BA | $3.47 |
| Westwood Properties | 55 S 6th | 1BR,1BA | $2.58 |
| 27 North - Student Housing Apartments | 2D Private Attached - Spring 2026 (Other) | 2BR,2BA | $2.19 |
| Neo on First | 1 BR 1 BA - Unfurnished | 1BR,1BA | $3.37 |
| 33 South Third | 1/1 | 1BR,1BA | $3.46 |
| Polaris Apartments | 2 Bedroom | 2BR,1BA | $3.67 |
| 101 San Fernando | Plan SC | Studio ,1BA | $4.05 |
| 39-0008 | 0BR/1.0BA | Studio ,1BA | $3.36 |
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 Campus: Finding Your Perfect San Jose Apartment in the Perfect Student Friendly Neighborhood
Going to college in San Jose? Our local expert gives you the inside scoop on the best neighborhoods to live near Near SJSU, SCU, SJCC, and EVC
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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.
Pet Friendly LifestyleSouth Market, San Jose, CA
Ranked #93
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across California and customized analysis for Central San Jose. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, features that make it easier to raise kids, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap South Market Apartments
What is a cheap apartment in South Market?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Market is under $2,695.
What is the price of a cheap apartment in South Market?
The cheapest apartment in South Market is Westwood Properties which is listed at $2,195, while the average apartment in South Market costs $4,750.
What types of apartments are the cheapest in South Market?
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 14 regular apartments in South Market 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

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.

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.