Cheap Apartments for Rent in the Rainbow Neighborhood of San Jose, CA from $1,400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rainbow area of San Jose.

eaves West Valley

North Colonial House

4775 Atherton Ave

Paloma Vista

Prospect Corners

631 Bolton Ct

267 Greendale Way

342 Greendale Way

Saratoga Savoy Apartments

Fountain Park

Villa Victoria Apartments

888 Golden Saratoga-Cupertino Apartment Homes

10610 Morengo Dr

Westport Senior
Rainbow, San Jose, CA Local Guide

How much does it cost to rent an apartment in Rainbow?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Rainbow Studio Apartments | $3,041 | $1,875 | $10,000+ |
Rainbow 1 Bedroom Apartments | $3,491 | $1,400 | $10,000+ |
Rainbow 2 Bedroom Apartments | $4,270 | $2,300 | $10,000+ |
Rainbow 3 Bedroom Apartments | $5,241 | $3,300 | $8,290 |
Rainbow 4 Bedroom Apartments | $6,349 | $6,149 | $6,549 |
Browse Apartments in this Neighborhood
There are currently 26 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 Studio unit found at Blue Hills Studio priced from $1,900. eaves West Valley has the second lowest priced unit, which is a Studio apartment currently listed from $1,916. Here are the most affordable Rainbow apartments for rent in San Jose, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Blue Hills Studio | Studio | Studio,1BA | $1,900 |
eaves West Valley | 405 | Studio,1BA | $1,916 |
El Paseo de Saratoga Plaza, San Jose | 1 Bed 1 Bath | 1BR,1BA | $2,095 |
Ranchero Palms | One Bedroom One Bathroom | 1BR,1BA | $2,100 |
Colonial House South | #14 | 1BR,1BA | $2,200 |
Prospect Corners | *One Bedroom | 1BR,1BA | $2,250 |
The Flair | Studio | Studio,1BA | $2,275 |
Hamilton Apartments | 1x1B | 1BR,1BA | $2,325 |
Saratoga Savoy Apartments | One bedroom | 1BR,1BA | $2,395 |
Best Value Apartments for Rent in Rainbow, CA
As of April 16, 2025 the best value apartment in the Rainbow area is the $2.63 price per square foot 5178 Westdale Dr Model at 5178 Westdale Dr, Unit 1 in the in the Saratoga Creek neighborhood starting from $3,950. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
5178 Westdale Dr, Unit 1 | 5178 Westdale Dr | 3BR,2BA | $2.63 |
Stevens Creek Villas | Townhouse | 2BR,2.5BA | $3.07 |
City Gate at Cupertino | 2 Bedrooms C | 2BR,2BA | $3.47 |
Ranchero Palms | One Bedroom One Bathroom | 1BR,1BA | $2.80 |
360 Richfield Dr | 360 Richfield Dr | 2BR,1BA | $3.13 |
Prospect Corners | *One Bedroom | 1BR,1BA | $3.21 |
Saratoga Savoy Apartments | One bedroom | 1BR,1BA | $3.42 |
Paloma Vista | Mar | 1BR,1BA | $3.56 |
Villa Victoria Apartments | 1 Bedroom/1 Bathroom | 1BR,1BA | $3.60 |
El Paseo de Saratoga Plaza, San Jose | 1 Bed 1 Bath | 1BR,1BA | $3.22 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleRainbow, San Jose, CA
Ranked #467
Among neighborhoods in San Jose, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $2,395.
What is the price of a cheap apartment in Rainbow?
The cheapest apartment in Rainbow is El Paseo de Saratoga Plaza, San Jose which is listed at $2,095, 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 2 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 $138 which is $6,211 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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords & Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.