Best Affordable Neighborhoods in Sacramento, CA

Some of the cheapest neighborhoods in Sacramento are Parkway-South Sacramento, Florin, and Southgate Meadows. These neighborhoods offer some of the lowest rent prices in Sacramento, making them ideal for renters on a budget. As of April 6, 2026, the average rent in Sacramento is $1,567, which is 1.3% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Parkway-South Sacramento

Average Rent

$1,407/Month

Year-Over-Year Rent Change

0.2%

Units Available

38 Rentals

If you’re looking for a great, affordable neighborhood in Sacramento, Parkway-South Sacramento might be the perfect place! It has an average rent price of $1,407, while the city’s average stands at $1,567. In the last year, prices have decreased by 0.2%. Parkway-South Sacramento is near Fruitridge, 47Th Avenue, and Bowling Green.

Florin

Average Rent

$1,441/Month

Units Available

43 Rentals

Florin is a top choice for budget-conscious renters for a variety of reasons. The average rent in Florin is $1,441 while the city average is $1,567. This is a 0% difference from last year. Residents enjoy convenient access to Paradise Beach County Recreation Area, Tokay Park, and Center Parkway Station (Wb).

Southgate Meadows

Average Rent

$1,480/Month

Units Available

11 Rentals

When you’re looking for a great Sacramento neighborhood on a budget, check out Southgate Meadows. The average rent is $1,480, compared to the city average of $1,567. Southgate Meadows is convenient to Morrison Creek Station (Nb), Sutter's Fort State Historical Monument, and Morrison Creek Station (Sb).

Parkway

Average Rent

$1,492/Month

Year-Over-Year Rent Change

2.4%

Units Available

41 Rentals

Parkway is an affordable neighborhood in Sacramento with an average rent price of $1,492. Compare this to the city average of $1,567. In the past year, rent prices have decreased by 2.4%. Parkway provides easy access to Leland Stanford Mansion State Historic Park, South Center Shopping Center, and Cosumnes River College.

Campus Commons East Ranch

Average Rent

$1,505/Month

Units Available

20 Rentals

If you’re looking for a great, affordable neighborhood in Sacramento, Campus Commons East Ranch might be the perfect place! It has an average rent price of $1,505, while the city’s average stands at $1,567. Campus Commons East Ranch is near Sacramento City College, Paradise Beach County Recreation Area, and Sierra Shops.

Hillsdale

Average Rent

$1,515/Month

Year-Over-Year Rent Change

0.5%

Units Available

18 Rentals

Hillsdale is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hillsdale is $1,515 while the city average is $1,567. This is a 0.5% difference from last year. Residents enjoy convenient access to River City Paddlers, Olivewood Plaza Shopping Center, and Roseville Road.

Del Verde

Average Rent

$1,517/Month

Units Available

12 Rentals

When you’re looking for a great Sacramento neighborhood on a budget, check out Del Verde. The average rent is $1,517, compared to the city average of $1,567. Del Verde is convenient to Old Sacramento Historic District, Cosumnes River College, and American River College.

Woodcreek

Average Rent

$1,518/Month

Units Available

44 Rentals

Woodcreek is an affordable neighborhood in Sacramento with an average rent price of $1,518. Compare this to the city average of $1,567. Woodcreek provides easy access to Sacramento City College, Natomas Oaks Park, and Township 9 Station (Eb).

Frates Ranch

Average Rent

$1,519/Month

Units Available

53 Rentals

If you’re looking for a great, affordable neighborhood in Sacramento, Frates Ranch might be the perfect place! It has an average rent price of $1,519, while the city’s average stands at $1,567. Frates Ranch is near River's End Plaza, Globe Avenue, and Natomas Oaks Park.

Arden Glen

Average Rent

$1,524/Month

Units Available

11 Rentals

Arden Glen is a top choice for budget-conscious renters for a variety of reasons. The average rent in Arden Glen is $1,524 while the city average is $1,567. Residents enjoy convenient access to Sacramento State, Cosumnes River College, and Arden Watt Marketplace.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.