
Cheap Apartments for Rent in the South Market Neighborhood of San Jose, CA from $900 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Market area of San Jose.


Pensione Esperanza

598 Columbia Ave

Vintage Tower

694 S Second St

420 S Third St
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 Colonnade Apartments

420 S Third St

109 Duane St

Delmas Park

Jeanne D ARC Manor

Metro Gardens
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.

603 S 1st St

Fourth St. Apartments

Metro Gardens

39-0008

Metro Station

The Ruckers Mansion
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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.

Fourth Street Apartments
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 | $2,674 | $1,250 | $3,695 |
| South Market 1 Bedroom Apartments | $3,110 | $1,100 | $6,921 |
| South Market 2 Bedroom Apartments | $3,976 | $2,535 | $5,791 |
| South Market 3 Bedroom Apartments | $4,465 | $4,311 | $4,620 |
Browse Apartments in this Neighborhood
There are currently 19 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 Studio unit found at Pensione Esperanza priced from $1,250. Vintage Tower has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,562. Here are the most affordable South Market apartments for rent in San Jose, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pensione Esperanza | Studio, 1 bath | Studio,1BA | $1,250 |
| Vintage Tower | 1 Bedroom 1 Bath | 1BR,1BA | $1,562 |
| 39-0008 | 0BR/1.0BA | Studio,1BA | $1,850 |
| The Colonnade Apartments | Studio | Studio,1BA | $1,917 |
| St. Claire Building | 1BR/1BA | 1BR,1BA | $2,425 |
Best Value Apartments for Rent in South Market, CA
As of January 09, 2026 the best value apartment in the South Market area is the $3.54 price per square foot Two Bed Two Bath C5 Model at One South Market in the in the South San Jose neighborhood starting from $4,179. The second greatest value South Market apartment is the B5 Model at The Ryden starting at $3,729 with a $3.73 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. |
|---|---|---|---|
| One South Market | Two Bed Two Bath C5 | 2BR,2BA | $3.54 |
| The Ryden | B5 | 2BR,2BA | $3.73 |
| 360 Residences | Plan 1B | 1BR,1BA | $3.71 |
| Westwood Properties | 55 S 6th | 1BR,1BA | $3.13 |
| Neo on First | 1 BR 1 BA - Unfurnished | 1BR,1BA | $3.37 |
| 101 San Fernando | Plan 1C | 1BR,1BA | $3.25 |
| Modera San Pedro Square | A03 | 1BR,1BA | $3.90 |
| Vintage Tower | 1 Bedroom 1 Bath | 1BR,1BA | $2.55 |
| St. Claire Building | 1BR/1BA | 1BR,1BA | $4.00 |
| 39-0008 | 0BR/1.0BA | Studio ,1BA | $3.36 |
Beyond 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
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 #96
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 $2,535.
What is the price of a cheap apartment in South Market?
The cheapest apartment in South Market is Vintage Tower which is listed at $1,562, while the average apartment in South Market costs $4,465.
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 16 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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.