Cheap Apartments for Rent in the Rainbow Neighborhood of San Jose, CA from $1,400 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Rainbow area of San Jose.

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Atherton Terrace
2 Bedroom Apartments

Atherton Terrace

4809 Atherton AveSan Jose, CA 95130
Showing Results 1-22, Page 1 of 1

Rainbow, San Jose, CA Local Guide

Cheapest Available Rainbow Apartments for Rent

 

The cheapest available apartment rental in the Rainbow area of San Jose, CA is a Studio unit found at Blue Hills Studio priced from $1,900. Ranchero Palms 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 ListingModel NameBed/BathPriced From
Blue Hills StudioStudioStudio,1BA$1,900
Ranchero PalmsOne Bedroom One Bathroom1BR,1BA$2,100
North Colonial House1 Bedroom - L1BR,1BA$2,200
Colonial House South#141BR,1BA$2,200
Fountain ParkBirchStudio,1BA$2,204

Best Value Apartments for Rent in Rainbow, CA

As of March 23, 2025 the best value apartment in the Rainbow area is the $2.66 price per square foot 5178 Westdale Dr Model at 5178 Westdale Dr, Unit 1 in the in the Saratoga Creek neighborhood starting from $3,995. The second greatest value Rainbow apartment is the Townhouse Model at Stevens Creek Villas starting at $4,150 with a $3.07 price per square foot in the Raynor Park neighborhood. Here is today’s list of the best values for Rainbow apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5178 Westdale Dr, Unit 15178 Westdale Dr3BR,2BA$2.66
Stevens Creek VillasTownhouse2BR,2.5BA$3.07
City Gate at Cupertino2 Bedrooms C2BR,2BA$3.26
Siena Apartment Homes2 Bedrooms, 1 Bathroom A2BR,1BA$3.63
Paloma VistaCascada2BR,1BA$3.51
North Colonial House1 Bedroom - L1BR,1BA$2.93
Ranchero PalmsOne Bedroom One Bathroom1BR,1BA$2.80
Saratoga Savoy ApartmentsOne bedroom1BR,1BA$3.28
Villa Victoria Apartments1 Bedroom/1 Bathroom1BR,1BA$3.60
Colonial House South#141BR,1BA$3.67

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Rainbow, San Jose, CA

Ranked #343

Among neighborhoods in San Jose, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Rainbow, San Jose, CA

School data provided by Great Schools

Best Local Schools in
Rainbow, San Jose, CA

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including San Jose. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, apartment communities for the kids, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Rainbow Apartments

What is a cheap apartment in Rainbow?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rainbow is under $2,450.

What is the price of a cheap apartment in Rainbow?

The cheapest apartment in Rainbow is Ranchero Palms which is listed at $2,100, while the average apartment in Rainbow costs $6,349.

What types of apartments are the cheapest in Rainbow?

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 28 regular apartments in Rainbow 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 Rainbow?

Cheap apartments in Rainbow have an average cost of $135 which is $6,214 cheaper than the average rent for all rentals in Rainbow.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.