Cheap Homes for Rent in Lopez Island, WA from $1,700 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Lopez Island.

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.

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

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 ListingModel NameBed/BathPriced From
Taylor Heights4x2 - By the Bedroom4BR,2BA$795
Stanford ApartmentsMcKenzie up, small K1BR,1BA$1,300
The Calypso at Samish HillStudioStudio,1BA$1,395
The Village Apartments1 Bedroom1BR,1BA$1,400
Opera HouseStudioStudio,1BA$1,525

Best Value Apartments for Rent in Lopez Island, WA and Nearby

As of June 23, 2026 the best value apartment in the Lopez Island area is the $0.69 price per square foot 4x2 D2 Model at Stateside in the in the WWU neighborhood starting from $799. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Stateside4x2 D24BR,2BA$0.69
University Heights4x2 - By the Bedroom4BR,2BA$0.74
Broadway Apartments3 Bed / 2 Bath3BR,2BA$2.07
The U4x2 - By the Bedroom4BR,2BA$0.70
Viking Gardens4x2 - By the Bedroom4BR,2BA$0.75
Orchard Meadows Apartments2 Bed 1 bath2BR,1BA$2.13
Sehome Court ApartmentsTownhouse2BR,1.5BA$2.21
Heather Ridge2BR/1.0BA2BR,1BA$2.12
The Sandpiper1BR/1BA1BR,1BA$2.18
The Village Apartments1 Bedroom1BR,1BA$2.20

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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Real 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.

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Quick Rent Budget Calculator

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lopez Island

What type of rentals are currently available in Lopez Island?

There are currently 46 Apartments for Rent in Lopez Island, WA with pricing that ranges from $700 to $3,740. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lopez Island ranging from $1,700 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 $1,700 to $6,500 with an average monthly rent of $3,466.

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 $900 to $2,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,715 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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.