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Cheap Apartments for Rent in the Lake Merced Neighborhood of Daly City, CA from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Merced area of Daly City.
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$1,875Studio Apartment Available Now
1515 Annie St, Unit #1 Studio Apt
1515 Annie StDaly City, CA 94015
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Rent Specials
$1,995 - $5,058Studio to 3 Bedroom Apartments Available Now
Westlake Apartments
331 Park Plaza DrDaly City, CA 94015
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$2,095 - $5,318Studio to 2 Bedroom Apartments Available Now
Terrace View
26 Terrace View CtDaly City, CA 94015
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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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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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Lake Merced, Daly City, CA Local Guide
How much does it cost to rent an apartment in Lake Merced?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Merced Studio Apartments | $2,324 | $1,875 | $3,245 |
| Lake Merced 1 Bedroom Apartments | $2,679 | $2,127 | $5,318 |
| Lake Merced 2 Bedroom Apartments | $3,278 | $2,600 | $4,475 |
| Lake Merced 3 Bedroom Apartments | $4,583 | $3,993 | $4,995 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Lake Merced Neighborhood of Daly City, CA.
See all Apartments in Daly CityExplore Daly City
Lake Merced, Daly City, CA Local Guide
- Nearby Daly City neighborhoods
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Cheapest Available Lake Merced Apartments for Rent
The cheapest available apartment rental in the Lake Merced area of San Francisco, CA is a Studio unit found at Westlake Apartments priced from $1,995. Juniper has the second lowest priced unit, which is a Studio apartment currently listed from $2,285. Here are the most affordable Lake Merced apartments for rent in San Francisco, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westlake Apartments | S1-W | Studio,1BA | $1,995 |
| Juniper | S2-P | Studio,1BA | $2,285 |
| Amberwood Apartments | 1 | 1BR,1BA | $2,300 |
| Ventana Residences | STUDIO | Studio,1BA | $2,435 |
| Parkmerced Apartments | 1 Bed 1 Bath Tower | 1BR,1BA | $2,494 |
Best Value Apartments for Rent in Lake Merced, CA
As of November 13, 2025 the best value apartment in the Lake Merced area is the $3.63 price per square foot 3 Bed 2 Bath TH Model at Parkmerced Apartments in the in the Stonestown neighborhood starting from $4,508. The second greatest value Lake Merced apartment is the V331X1A5 Model at Terrace View starting at $2,749 with a $3.62 price per square foot in the Fairmont neighborhood. Here is today’s list of the best values for Lake Merced apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkmerced Apartments | 3 Bed 2 Bath TH | 3BR,2BA | $3.63 |
| Terrace View | V331X1A5 | 1BR,1BA | $3.62 |
| Lakewood Apartments At Lake Merced | 1 bedroom 1 bathroom #3 | 1BR,1BA | $4.38 |
| Amberwood Apartments | 1 | 1BR,1BA | $3.74 |
| Ventana Residences | 1 BD JR | 1BR,1BA | $5.70 |
| Avalon Ocean Avenue | S1-Deck | Studio ,1BA | $6.29 |
| Juniper | S2-P | Studio ,1BA | $5.17 |
| Westlake Apartments | S1-W | Studio ,1BA | $4.63 |
| 1515 Annie St, Unit #1 Studio Apt | 1515 Annie St | Studio ,1BA | $4.69 |
| 207 Woodrow St | 207 Woodrow St | 1BR,1BA | $5.00 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe 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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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 LifestyleLake Merced, Daly City, CA
Ranked #7
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Lake Merced Neighborhood in Daly City, CA
Walk Score®
82 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
49 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lake Merced Apartments
What is a cheap apartment in Lake Merced?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Merced is under $2,878.
What is the price of a cheap apartment in Lake Merced?
The cheapest apartment in Lake Merced is Amberwood Apartments which is listed at $2,300, while the average apartment in Lake Merced costs $4,588.
What types of apartments are the cheapest in Lake Merced?
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 33 regular apartments in Lake Merced 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 Lake Merced?
Cheap apartments in Lake Merced have an average cost of $639 which is $3,949 cheaper than the average rent for all rentals in Lake Merced.
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.
A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent
Written by: Shannon Hilson
If you’re anything like me, the thought of San Francisco is synonymous with concepts like creativity, character, and quirky local style.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.