Cheap Apartments for Rent in the Lake Merced Neighborhood of Daly City, CA from $600 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Merced area of Daly City.

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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Hillcrest Gardens
1 Bedroom Apartments

Hillcrest Gardens

35 Hillcrest DrDaly City, CA 94014
Senior Living
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355 Southgate Ave
Studio to 2 Bedroom Apartments

355 Southgate Ave

355 Southgate AveDaly City, CA 94015
Furnished
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35 Kent Ct
1 Bedroom Apartments

35 Kent Ct

35 Kent CtDaly City, CA 94015

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Eastmoor Apartments
Studio to 2 Bedroom Apartments

Eastmoor Apartments

101 Eastmoor AveDaly City, CA 94015
  • Utilities Included
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Daly City Apartments
1 Bedroom Apartments

Daly City Apartments

1145-1157 Edgeworth AveDaly City, CA 94015
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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1100 Ocean Avenue
Studio to 3 Bedroom Apartments

1100 Ocean Avenue

1100-1140 Ocean AveSan Francisco, CA 94112

Lake Merced, Daly City, CA Local Guide

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 $1,945. Lakewood Apartments At Lake Merced has the second lowest priced unit, which is a Studio apartment currently listed from $2,129. Here are the most affordable Lake Merced apartments for rent in San Francisco, CA:

Apartment ListingModel NameBed/BathPriced From
Westlake ApartmentsS2-PStudio,1BA$1,945
Lakewood Apartments At Lake MercedStudio XStudio,1BA$2,129
Amberwood Apartments1 Bed, 1 bath1BR,1BA$2,300
5519 Mission1 Bed 1 Bath1BR,1BA$2,395
Peninsula Pines ApartmentsThe Bishop Pine1BR,1BA$2,589

Best Value Apartments for Rent in Lake Merced, CA

As of June 17, 2025 the best value apartment in the Lake Merced area is the $3.60 price per square foot 27 Fredson Ct Model at 27 Fredson Ct, Unit 27 Fredson Ct in the in the Lakeside neighborhood starting from $4,680. The second greatest value Lake Merced apartment is the 126 Holloway Ave Model at 126 Holloway Ave, Unit 126 starting at $3,200 with a $3.20 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for Lake Merced apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
27 Fredson Ct, Unit 27 Fredson Ct27 Fredson Ct3BR,2BA$3.60
126 Holloway Ave, Unit 126126 Holloway Ave2BR,1BA$3.20
Terrace View ApartmentsB22BR,1BA$4.02
Pacifica Park ApartmentsEvergreen1BR,1BA$3.76
Parkmerced Apartments1 Bed 1 Bath TH1BR,1BA$4.14
107 E Moltke St, Unit 4107 E Moltke St1BR,1BA$3.29
Lakewood Apartments At Lake Merced1Bed 1Bath #21BR,1BA$4.35
Serramonte Ridge1X1 LG1BR,1BA$3.83
Peninsula Pines ApartmentsThe Bishop Pine1BR,1BA$3.98
Amberwood Apartments1 Bed, 1 bath1BR,1BA$3.74

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Pet Friendly Lifestyle
Lake Merced, Daly City, CA

Ranked #16

Among neighborhoods in Daly City, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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 $2,842.

What is the price of a cheap apartment in Lake Merced?

The cheapest apartment in Lake Merced is Westlake Apartments which is listed at $2,261, while the average apartment in Lake Merced costs $5,500.

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 58 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 $879 which is $4,621 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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.