
Cheap Homes for Rent in Lopez Island, WA from $1,900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Lopez Island.


300 N Oak Harbor St

1025 SW Kaleeton Loop

1574 SW Swantown Ave

1282 NW Lanyard Loop

563 NE Kettle St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

650 SW 4th Ave

790 NW Dory Dr

1850 SW Scenic Heights St

1518 NW 9th Pl

1205 NW Crosby Ave

230 B St
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.
Lopez Island, WA Local Guide

How much does it cost to rent a home in Lopez Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lopez Island 2 Bedroom Homes for Rent | $3,240 | $1,925 | $3,750 |
| Lopez Island 3 Bedroom Homes for Rent | $3,048 | $2,015 | $5,500 |
| Lopez Island 4 Bedroom Homes for Rent | $4,500 | $3,400 | $6,500 |
| Lopez Island 5 Bedroom Homes for Rent | $4,097 | $2,745 | $5,450 |
Browse Top Homes for Rent in Lopez Island
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Lopez Island, WA Local Guide
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Cheapest Available Lopez Island Apartments for Rent and Nearby
 The cheapest available apartment rental in Lopez Island, WA is a 4 Beds unit found at Taylor Heights in the WWU neighborhood priced from $795. Stanford Apartments in the WWU neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Lopez Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Taylor Heights | 4x2 - By the Bedroom | 4BR,2BA | $795 |
| Stanford Apartments | McKenzie up, small K | 1BR,1BA | $1,300 |
| The Calypso at Samish Hill | Studio | Studio,1BA | $1,395 |
| The Sandpiper | Studio/1BA | Studio,1BA | $1,405 |
| The Village Apartments | 1 Bedroom | 1BR,1BA | $1,425 |
Best Value Apartments for Rent in Lopez Island, WA and Nearby
As of May 08, 2026 the best value apartment in the Lopez Island area is the $1.89 price per square foot 3BR/2.0BA Model at Samish Flats Luxury Apartment Homes! in the in the WWU neighborhood starting from $2,350. The second greatest value Lopez Island apartment is the 4x2 - By the Bedroom Model at University Heights starting at $810 with a $0.74 price per square foot in the WWU neighborhood. Here is today’s list of the best values for Lopez Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Samish Flats Luxury Apartment Homes! | 3BR/2.0BA | 3BR,2BA | $1.89 |
| University Heights | 4x2 - By the Bedroom | 4BR,2BA | $0.74 |
| Broadway Apartments | 3 Bed / 2 Bath | 3BR,2BA | $2.07 |
| Orchard Meadows | 2 Bed 1 bath | 2BR,1BA | $2.13 |
| Sehome Court Apartments | Townhouse | 2BR,1.5BA | $2.21 |
| Heather Ridge, 2 Bedrooms, 1 Bathroom Apartments for Rent! | 2BR/1.0BA | 2BR,1BA | $2.12 |
| Inglewood Apartments | 2-Bed 1-Bath Apartment Renovated | 2BR,1BA | $2.16 |
| The U | 3x2 - By the Bedroom | 3BR,2BA | $0.98 |
| Viking Gardens | 3x2 - By the Bedroom | 3BR,2BA | $0.91 |
| The Meadows | One Bedroom Unit | 1BR,1BA | $2.00 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lopez Island, WA Rentals by Map
See the most popular apartments and homes in Lopez Island, WA
Frequently Asked Questions about Lopez Island
What type of rentals are currently available in Lopez Island?
There are currently 45 Apartments for Rent in Lopez Island, WA with pricing that ranges from $691 to $3,740. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lopez Island ranging from $1,925 to $6,500.
What is the current price range for Rental Homes in Lopez Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lopez Island ranges from $1,925 to $6,500 with an average monthly rent of $3,721.
How much are larger Three and Four Bedroom Rentals in Lopez Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lopez Island range from $708 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,015 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $700.
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
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.