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Cheap Apartments for Rent in the Lake Merced Neighborhood of Daly City, CA from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Merced area of Daly City.
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Rent Specials
$2,022 - $6,508Studio to 3 Bedroom Apartments Available Now
Westlake Apartments
331 Park Plaza DrDaly City, CA 94015
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$2,095 - $3,329Studio 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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$1,7001 Bedroom Apartment Available Now
55 Chumasero Dr, Unit 12C
55 Chumasero DrSan Francisco, CA 94132
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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Showing Results 1-13, Page 1 of 1
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 | $2,273 | $2,095 | $3,200 |
| Lake Merced 1 Bedroom Apartments | $2,596 | $1,700 | $3,273 |
| Lake Merced 2 Bedroom Apartments | $3,235 | $2,780 | $4,378 |
| Lake Merced 3 Bedroom Apartments | $4,846 | $4,495 | $5,463 |
Browse Apartments in this Neighborhood
There are currently 13 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
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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 Juniper priced from $2,000. Westlake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,022. Here are the most affordable Lake Merced apartments for rent in San Francisco, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Juniper | S2-P | Studio,1BA | $2,000 |
| Westlake Apartments | A7-C | 1BR,1BA | $2,022 |
| Parkmerced Apartments | Studio Tower | Studio,1BA | $2,145 |
| Amberwood Apartments | 1 | 1BR,1BA | $2,300 |
| Terrace View | V331X1A3 | 1BR,1BA | $2,534 |
Best Value Apartments for Rent in Lake Merced, CA
As of December 28, 2025 the best value apartment in the Lake Merced area is the $3.47 price per square foot 428 89th St Model at 428 89th St, Unit 1 in the in the Lake Shore neighborhood starting from $2,950. 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. |
|---|---|---|---|
| 428 89th St, Unit 1 | 428 89th St | 2BR,1.5BA | $3.47 |
| Terrace View | V331X1A5 | 1BR,1BA | $3.62 |
| Lakewood Apartments At Lake Merced | 1Bed 1Bath #2 | 1BR,1BA | $4.26 |
| Amberwood Apartments | 1 | 1BR,1BA | $3.74 |
| Parkmerced Apartments | Studio Tower | Studio ,1BA | $4.12 |
| Avalon Ocean Avenue | S1-Deck | Studio ,1BA | $6.17 |
| Juniper | S2-P | Studio ,1BA | $4.52 |
| Westlake Apartments | S2-C | Studio ,1BA | $4.84 |
| Ventana Residences | STUDIO | Studio ,1BA | $7.43 |
| 55 Chumasero Dr, Unit 12C | 55 Chumasero Dr | 1BR,1BA | $7.73 |
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.
Read ArticleCash 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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Pet Friendly LifestyleLake Merced, Daly City, CA
Ranked #3
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 $3,185.
What is the price of a cheap apartment in Lake Merced?
The cheapest apartment in Lake Merced is Westlake Apartments which is listed at $2,022, while the average apartment in Lake Merced costs $4,767.
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 25 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 $597 which is $4,170 cheaper than the average rent for all rentals in Lake Merced.
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.
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A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent
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If you’re anything like me, the thought of San Francisco is synonymous with concepts like creativity, character, and quirky local style.
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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.
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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.
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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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!