Cheap Apartments for Rent in the Lagoon Island Neighborhood of Atlantic City, NJ from $700 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lagoon Island area of Atlantic City.

property at 16 N Iowa Ave

$1,250 - $1,550

Studio To 1 Bedroom Rentals

Available Now

16 N Iowa Ave

Atlantic CityNJ08401
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The High Gate
Studio to 1 Bedroom Apartments

The High Gate

655 Absecon BlvdAtlantic City, NJ 08401
  • Utilities Included

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.

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Carlton Apartments
Studio to 2 Bedroom Apartments

Carlton Apartments

1329 Pacific AveAtlantic City, NJ 08401
  • Utilities Included
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Beachview Residences
1 to 2 Bedroom Apartments

Beachview Residences

3850 Atlantic AveAtlantic City, NJ 08401
Senior Living
  • Utilities Included
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Tennessee Green
1 to 3 Bedroom Apartments

Tennessee Green

341 N Tennessee AveAtlantic City, NJ 08401
  • Utilities Included
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Best of Life Park Apartments
Studio to 1 Bedroom Apartments

Best of Life Park Apartments

129 S Virginia AveAtlantic City, NJ 08401
Senior Living
  • Utilities Included
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700 N Harrisburg Ave
1 to 2 Bedroom Apartments

700 N Harrisburg Ave

700 N Harrisburg AveAtlantic City, NJ 08401

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.

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33 S North Carolina Ave
Studio to 3 Bedroom Apartments

33 S North Carolina Ave

33 S North Carolina AveAtlantic City, NJ 08401
  • Utilities Included
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The Showboat Residences
Studio to 2 Bedroom Apartments

The Showboat Residences

801 BoardwalkAtlantic City, NJ 08401
Corporate Housing
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Venice Park Apartments
2 Bedroom Apartments

Venice Park Apartments

2304 Hamilton AveAtlantic City, NJ 08401
  • Utilities Included
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Annapolis Gardens
1 to 2 Bedroom Apartments

Annapolis Gardens

444 N Richmond AveAtlantic City, NJ 08401
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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.

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Dream Bay Condos
1 to 2 Bedroom Apartments

Dream Bay Condos

705-709 N Dudley AveVentnor City, NJ 08406
  • Utilities Included

Lagoon Island, Atlantic City, NJ Local Guide

Cheapest Available Lagoon Island Apartments for Rent

 

The cheapest available apartment rental in the Lagoon Island area of Atlantic City, NJ is a 1 Bed unit found at Virginia Arms Apartments priced from $1,340. Chelsea Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here are the most affordable Lagoon Island apartments for rent in Atlantic City, NJ:

Apartment ListingModel NameBed/BathPriced From
Virginia Arms Apartments1 Bedroom1BR,1BA$1,340
Chelsea Village1BR/1BA1BR,1BA$1,400
The Showboat Residences1 Bedroom1BR,2BA$1,475
600 NoBe at North BeachBungalow E11BR,1BA$1,575
Charles Drew Court ApartmentsTownhome3BR,1BA$1,950

Best Value Apartments for Rent in Lagoon Island, NJ

As of March 02, 2026 the best value apartment in the Lagoon Island area is the $1.96 price per square foot Townhome Model at Charles Drew Court Apartments in the in the Chelsea View neighborhood starting from $2,350. The second greatest value Lagoon Island apartment is the 1 Bedroom Model at The Showboat Residences starting at $1,475 with a $1.67 price per square foot in the Venice Park neighborhood. Here is today’s list of the best values for Lagoon Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Charles Drew Court ApartmentsTownhome4BR,1.5BA$1.96
The Showboat Residences1 Bedroom1BR,2BA$1.67
1930 Magellan Ave, Unit B1930 Magellan Ave2BR,1BA$2.13
20 S Bellevue Ave, Unit Apartment 220 S Bellevue Ave2BR,1BA$1.88
1932 Magellan Ave, Unit Apt B1932 Magellan Ave2BR,1BA$2.39
600 NoBe at North BeachBungalow E11BR,1BA$2.25
Virginia Arms Apartments1 Bedroom1BR,1BA$2.06
101 N New Jersey Ave, Unit 101A101 N New Jersey Ave1BR,1BA$2.33
Chelsea Village1BR/1BA1BR,1BA$2.66

Don'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.

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The 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.

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Cash 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.

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Quick 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.

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Pet Friendly Lifestyle
Lagoon Island, Atlantic City, NJ

Ranked #4

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Lagoon Island Apartments

What is the price of a cheap apartment in Lagoon Island?

The cheapest apartment in Lagoon Island is Virginia Arms Apartments which is listed at $1,340, while the average apartment in Lagoon Island costs $7,044.

What types of apartments are the cheapest in Lagoon Island?

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 5 regular apartments in Lagoon Island 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 Lagoon Island?

Cheap apartments in Lagoon Island have an average cost of $178 which is $6,866 cheaper than the average rent for all rentals in Lagoon Island.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.