Cheap Homes for Rent in Lagoon Island Neighborhood of Atlantic City, NJ from $1,400 (13 Rentals)

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

property at 37 S Iowa Ave

$1,400

2 Bedroom Rentals

Available Now

37 S Iowa Ave

Atlantic CityNJ08401
property at 101 S Raleigh Ave

$1,475 - $18,750

Studio To 2 Bedroom Rentals

Available Now

101 S Raleigh Ave

Atlantic CityNJ08401

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 4805 Ventnor Ave

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Now

4805 Ventnor Ave, Unit 0, Unit 0

4805 Ventnor Ave
Ventnor CityNJ08406

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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.

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 Chelsea Village priced from $1,400. The Showboat Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,475. Here are the most affordable Lagoon Island apartments for rent in Atlantic City, NJ:

Apartment ListingModel NameBed/BathPriced From
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$2,050

Best Value Apartments for Rent in Lagoon Island, NJ

As of May 18, 2026 the best value apartment in the Lagoon Island area is the $1.52 price per square foot 2 N Austin Ave Model at 2 N Austin Ave, Unit Bayside in the in the Venice Park neighborhood starting from $1,900. The second greatest value Lagoon Island apartment is the Townhome Model at Charles Drew Court Apartments starting at $2,100 with a $1.75 price per square foot in the Chelsea View 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.
2 N Austin Ave, Unit Bayside2 N Austin Ave2BR,1BA$1.52
Charles Drew Court ApartmentsTownhome4BR,1.5BA$1.75
The Showboat Residences1 Bedroom1BR,2BA$1.67
1017 Arctic Ave, Unit 11017 Arctic Ave1BR,1BA$2.21
600 NoBe at North BeachBungalow E11BR,1BA$2.25
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
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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 Lagoon Island

What type of rentals are currently available in Lagoon Island?

There are currently 207 Apartments for Rent in Lagoon Island, NJ with pricing that ranges from $1,034 to $7,345. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lagoon Island ranging from $1,400 to $38,000.

What is the current price range for Rental Homes in Lagoon Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lagoon Island ranges from $1,400 to $38,000 with an average monthly rent of $14,476.

How much are larger Three and Four Bedroom Rentals in Lagoon Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lagoon Island range from $1,596 to $7,345, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $15,000. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $2,600.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.