Search the lowest-cost Apartments available for rent right now in the Lake Merced area of Daly City.
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.
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.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Merced Studio Apartments | $2,317 | $1,961 | $2,715 |
| Lake Merced 1 Bedroom Apartments | $2,635 | $1,150 | $3,348 |
| Lake Merced 2 Bedroom Apartments | $3,341 | $2,900 | $4,620 |
| Lake Merced 3 Bedroom Apartments | $4,793 | $3,900 | $5,463 |
There are currently 12 rentals with your search options within a 2 mile radius of the Lake Merced Neighborhood of Daly City, CA.
See all Apartments in Daly CityIf you’re an expert on all things Lake Merced, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewThe cheapest available apartment rental in the Lake Merced area of San Francisco, CA is a Studio unit found at Westlake Apartments priced from $1,961. Amberwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,300. 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-C | Studio,1BA | $1,961 |
| Amberwood Apartments | 1 | 1BR,1BA | $2,300 |
| Lakewood Apartments At Lake Merced | Studio X | Studio,1BA | $2,328 |
| Juniper | S2-P | Studio,1BA | $2,345 |
| Parkmerced Apartments | 1 Bed 1 Bath Tower | 1BR,1BA | $2,500 |
As of February 24, 2026 the best value apartment in the Lake Merced area is the $3.76 price per square foot 3 Bed 2 Bath TH Model at Parkmerced Apartments in the in the Stonestown neighborhood starting from $4,665. The second greatest value Lake Merced apartment is the 2 Bed 2 Bath C Model at Serra Commons starting at $3,599 with a $4.00 price per square foot in the Serramonte 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 | $3.76 |
| Serra Commons | 2 Bed 2 Bath C | 2BR,2BA | $4.00 |
| 50 3rd Ave | 50 3rd Ave | 2BR,1BA | $3.76 |
| 428 89th St, Unit 1 | 428 89th St | 2BR,1.5BA | $3.47 |
| Avalon Ocean Avenue | A1-Deck | 1BR,1BA | $4.25 |
| Terrace View | V331X1A3 | 1BR,1BA | $3.63 |
| Amberwood Apartments | 1 | 1BR,1BA | $3.74 |
| Lakewood Apartments At Lake Merced | Studio X | Studio ,1BA | $4.56 |
| Juniper | S2-P | Studio ,1BA | $5.31 |
| Westlake Apartments | S1-C | Studio ,1BA | $5.54 |
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Merced is under $4,131.
The cheapest apartment in Lake Merced is Westlake Apartments which is listed at $2,200, while the average apartment in Lake Merced costs $4,817.
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 26 regular apartments in Lake Merced that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Lake Merced have an average cost of $658 which is $4,159 cheaper than the average rent for all rentals in Lake Merced.
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.
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.
Written by: Shannon Hilson
Naturally, going away to college or university is super exciting in and of itself. It’s the prelude to the rest of your life, not to mention an unforgettable experience all its own.
Written by: Shannon Hilson
Deciding to move to San Francisco for work is a huge deal. San Fran is exciting and just weird enough to let you know you’re in for an amazing adventure, right from day one.
Written by: Shannon Hilson
San Francisco is so much more than just postcard-perfect views of cable cars and the Golden Gate Bridge.
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.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.
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.
We'll check your Lake Merced review to ensure it meets our Review Guidelines.
Thank you!
