Cheap Homes for Rent in Lake Merced Neighborhood of Daly City, CA from $1,100 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes 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.

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.

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 $1,980. 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$1,980
Lakewood Apartments At Lake MercedStudio XStudio,1BA$2,129
Terrace ViewV330X1S2Studio,1BA$2,185

Best Value Apartments for Rent in Lake Merced, CA

As of July 14, 2025 the best value apartment in the Lake Merced area is the $2.53 price per square foot 175 Rae Ave Model at 175 Rae Ave, Unit A in the in the Lakeside neighborhood starting from $3,800. The second greatest value Lake Merced apartment is the 3 Bed 2 Bath TH Model at Parkmerced Apartments starting at $4,508 with a $3.63 price per square foot in the Stonestown 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.
175 Rae Ave, Unit A175 Rae Ave3BR,2BA$2.53
Parkmerced Apartments3 Bed 2 Bath TH3BR,2BA$3.63
126 Holloway Ave, Unit 126126 Holloway Ave2BR,1BA$3.15
267 Irvington Street, Unit Ground Floor267 Irvington Street1BR,1BA$3.45
Lakewood Apartments At Lake Merced1 bedroom 1 bathroom #31BR,1BA$4.38
20 Niagara Ave, Unit 220 Niagara Ave1BR,1BA$3.38
Serra Commons1 Bed 1 Bath_A1BR,1BA$4.32
Amberwood Apartments11BR,1BA$3.74
Westlake ApartmentsS1-WStudio ,1BA$4.88
Terrace ViewV330X1S2Studio ,1BA$5.07

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Lake Merced

What type of rentals are currently available in Lake Merced?

There are currently 562 Apartments for Rent in Lake Merced, CA with pricing that ranges from $1,250 to $6,425. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Merced ranging from $1,150 to $5,950.

What is the current price range for Rental Homes in Lake Merced?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Merced ranges from $1,150 to $5,950 with an average monthly rent of $3,334.

How much are larger Three and Four Bedroom Rentals in Lake Merced?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Merced range from $3,800 to $6,425, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,800 to $5,000. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $1,580.

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.

decorative image for A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.