Where is Esperanza located, and what is the neighborhood like?

Esperanza is located at 424 12th St in Alkali Flat, Sacramento, CA. The surrounding area includes multiple restaurants and cafes within 2 miles, such as Shine, Grange Restaurant & Bar, and Temple Coffee Roasters.

What is the average rent in Sacramento, CA?

Based on the latest Zillow data, the median rent across all unit types in the Alkali Flat neighborhood of Sacramento is currently $1,495 per month. Prices vary by neighborhood, floor plan, and building amenities.

What schools are assigned to Esperanza?

The schools assigned to Esperanza include Washington Elementary, Miwok Middle, and C. K. McClatchy High School.

What are the grocery stores and everyday shopping options near Esperanza?

Esperanza is located near 3 grocery stores, including Midtown Farmers Market (0.8 miles) and Certified Farmers' Market (0.8 miles). Additional shopping options, including Ice Kream, are approximately 0.1 miles away.

What is the minimum and maximum rent for Esperanza?

The total price for an apartment unit in Esperanza ranges from $1,399 to $1,875. The total price will vary by floor plan, unit size, and unit amenities.

Esperanza - 424 12th St Sacramento CA (12 units available)

Unit , sortable column	Sqft, sortable column	Available, sortable column	Total monthly price, sorted ascending
Origin Casita Studio, 1 ba	400	Now	$1,399+
Capitol Casita Studio, 1 ba	400	Now	$1,419+
Globe Loft - Second Floor 1 bd, 1 ba	500	Now	$1,799+
Globe Loft with Balcony - Second Floor 1 bd, 1 ba	500	Now	$1,809+
Globe Loft - Third Floor 1 bd, 1 ba	500	Now	$1,835+
Courtyard Loft - Second Floor 1 bd, 1 ba	500	Now	$1,845+
Globe Loft with Balcony - Third Floor 1 bd, 1 ba	500	Now	$1,845+
Capitol Loft - Second Floor 1 bd, 1 ba	500	Now	$1,855+
Capitol Loft - Third Floor 1 bd, 1 ba	500	Now	$1,865+
Capitol Loft with Balcony - Second Floor 1 bd, 1 ba	500	Now	$1,865+
Courtyard Loft - Third Floor 1 bd, 1 ba	500	Now	$1,865+
Corner Courtyard Loft - Third Floor 1 bd, 1 ba	500	Now	$1,875+

New Apartments in Downtown/Midtown Sacramento Welcome to Esperanza, a brand-new apartment community offering modern, attainable living in the heart of Downtown Sacramento. Opening in November 2026, Esperanza will feature studios, traditional one-bedroom apartments, one-bedroom lofts, and a limited collection of two-bedroom lofts. Each residence features modern finishes, an open-concept layout, energy-efficient appliances, an in-unit washer and dryer, and abundant natural light. All lofts include dramatic high ceilings and floor-to-ceiling windows, while select lofts also offer private balconies and expansive window walls. Community amenities complement an active downtown lifestyle, with Sacramento's restaurants, entertainment, major employers, public transportation, Golden 1 Center, and the State Capitol just minutes away. Esperanza offers income-qualified apartments with pricing based on household income. The rental prices listed below apply to qualifying households earning at or below 80% of the Area Median Income (AMI). Households earning above 80% and up to 120% of AMI may also qualify at adjusted rental rates. Eligibility will be verified during the application process. Join our free interest list for leasing updates, floor plans, pricing, and tour announcements. Those ready to take the next step may submit a rental application for $35. Approved applicants receive early access to virtual or on-site hard-hat tours. Because Esperanza remains under construction, applications must be reviewed and approved before an on-site tour can be scheduled. During the tour, approved applicants can view available apartments and select the home they would like to reserve. Contact our leasing team for availability, qualification requirements, and application details.