
Cheap Homes for Rent in Carnelian Bay, CA from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Carnelian Bay.


400 S Saliman Rd

3410 Woodside Dr
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.

504 Jeanell Dr

207 Robin Dr

751 Tahoe Blvd
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.
Carnelian Bay, CA Local Guide

How much does it cost to rent a home in Carnelian Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carnelian Bay 2 Bedroom Homes for Rent | $2,153 | $1,400 | $2,975 |
| Carnelian Bay 3 Bedroom Homes for Rent | $3,833 | $2,600 | $6,000 |
| Carnelian Bay 4 Bedroom Homes for Rent | $5,385 | $3,000 | $8,500 |
| Carnelian Bay 5 Bedroom Homes for Rent | $7,433 | $4,800 | $10,000+ |
Browse Top Homes for Rent in Carnelian Bay
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Carnelian Bay, CA Local Guide
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Cheapest Available Carnelian Bay Apartments for Rent and Nearby
 The cheapest available apartment rental in Carnelian Bay, CA is a Studio unit found at 323 Flats in the Governor's Square neighborhood priced from $1,039. Royal Vista Apartments in the Outer South Reno neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,135. Here is today’s list of the most affordable Carnelian Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 323 Flats | Studio E | Studio,1BA | $1,039 |
| Royal Vista Apartments | Standard | 1BR,1BA | $1,135 |
| Royal Apartments | 1/1 w/Balcony Renovated | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Carnelian Bay, CA and Nearby
As of June 12, 2026 the best value apartment in the Carnelian Bay area is the $1.75 price per square foot Corner Model at Snyder Avenue Townhomes in the in the Governor's Square neighborhood starting from $2,100. The second greatest value Carnelian Bay apartment is the Two Bedroom Model at Aspen Ridge Apartments starting at $1,943 with a $1.90 price per square foot in the Montelena at ArrowCreek neighborhood. Here is today’s list of the best values for Carnelian Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Snyder Avenue Townhomes | Corner | 2BR,2BA | $1.75 |
| Aspen Ridge Apartments | Two Bedroom | 2BR,1BA | $1.90 |
| Fifth Street Townhomes | 2 Bedrooms 1.5 Baths | 2BR,1.5BA | $1.75 |
| Tanglewood Village | Two Bed / 1.5 Baths TH | 2BR,1.5BA | $1.90 |
| Parkway Terraces | Two Bedroom A | 2BR,2BA | $2.07 |
| The Alexander at South Virginia | Athena | 1BR,1BA | $2.07 |
| Village at Arrowcreek Parkway & Village South | VA Plan One (1st, 2nd, or 3rd Floor) | 1BR,1BA | $2.09 |
| Griffin House | 2 bed, 1 bath | 2BR,1BA | $2.07 |
| Fifth Street Pointe Apartments | 2x1 C | 2BR,1BA | $2.08 |
| Royal Vista Apartments | Standard | 1BR,1BA | $1.91 |
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.
Read ArticleReal 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.
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Carnelian Bay
What type of rentals are currently available in Carnelian Bay?
There are currently 46 Apartments for Rent in Carnelian Bay, CA with pricing that ranges from $935 to $4,200. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carnelian Bay ranging from $1,050 to $11,000.
What is the current price range for Rental Homes in Carnelian Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Carnelian Bay ranges from $1,050 to $11,000 with an average monthly rent of $3,710.
How much are larger Three and Four Bedroom Rentals in Carnelian Bay?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Carnelian Bay range from $1,735 to $3,449, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $6,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,375.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.