Cheap Apartments for Rent in the Island Lagoon Neighborhood of Newport Beach, CA from $1,300 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Island Lagoon area of Newport Beach.

close
View Me
Park Newport
Rent Specials
$2,376 - $5,135
Total Monthly Price

Total Monthly Price

Base Rent
$2,376 - $5,135
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Park Newport

1 Park NewportNewport Beach, CA 92660
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
property at 414 E Oceanfront

$3,600 - $4,100

2 Bedroom Rentals

Available Sep 19

414 E Oceanfront

Newport BeachCA92661
close
View Me
Seaview Plaza
1 Bedroom Apartments

Seaview Plaza

2800 Pacific View DrNewport Beach, CA 92660
Senior Living
  • Utilities Included
close
View Me
404 E Balboa Blvd
Studio to 2 Bedroom Apartments

404 E Balboa Blvd

404 E Balboa BlvdNewport Beach, CA 92661
  • Utilities Included
  • Smoke Free
close
View Me
Bedford Apartments
2 to 3 Bedroom Apartments

Bedford Apartments

1731 Bedford LnNewport Beach, CA 92660
close
View Me
Rutland Apartments
2 Bedroom Apartments

Rutland Apartments

1170 Rutland RdNewport Beach, CA 92660
  • Utilities Included
close
View Me
Westview Apartments
2 Bedroom Apartments

Westview Apartments

737-741 Amigos WayNewport Beach, CA 92660
  • Utilities Included
close
View Me
1142 Rutland Rd
2 Bedroom Apartments

1142 Rutland Rd

1142 Rutland RdNewport Beach, CA 92660

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
Bayshore Apartments
1 to 2 Bedroom Apartments

Bayshore Apartments

2888 Bayshore DrNewport Beach, CA 92663
  • Utilities Included
close
View Me
Westcliff
1 to 2 Bedroom Apartments

Westcliff

1800-1838 Westcliff DrNewport Beach, CA 92660
close
View Me
1069 Buckingham Ln
2 Bedroom Apartments

1069 Buckingham Ln

1069 Buckingham LnNewport Beach, CA 92660
close
View Me
Lightsand
2 Bedroom Apartments

Lightsand

1216-1220 W Balboa BlvdNewport Beach, CA 92661
close
View Me
Fairway at Big Canyon
1 to 3 Bedroom Apartments

Fairway at Big Canyon

48 1/2 Pine Valley LnNewport Beach, CA 92660
Senior Living

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
property at 1765 Santa Ana Ave

$3,650 - $3,670

Total Monthly Price

Total Monthly Price

Base Rent
$3,670
Total Monthly Price
$3,670

1 Bedroom Rentals

Available Aug 1

1765 Santa Ana Ave

Costa MesaCA92627

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.

Read Article
close
View Me
145 E 18th St
Studio to 2 Bedroom Apartments

145 E 18th St

145 E 18th StCosta Mesa, CA 92627
  • Utilities Included
close
View Me
Bayview Apartments
1 to 3 Bedroom Apartments

Bayview Apartments

1682 San Joaquin Hills RdCorona Del Mar, CA 92625
close
View Me
Leeward Apartments
1 Bedroom Apartments

Leeward Apartments

2020 Fullerton AveCosta Mesa, CA 92627
  • Utilities Included
close
View Me
Newport 18th
1 to 2 Bedroom Apartments

Newport 18th

147 E 18th StCosta Mesa, CA 92627
  • Utilities Included
close
View Me
283 Knox St
2 to 3 Bedroom Apartments

283 Knox St

283 Knox StCosta Mesa, CA 92627

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.

Read Article
close
View Me
Blue Sol
1 to 3 Bedroom Apartments

Blue Sol

421 Bernard StCosta Mesa, CA 92627
close
View Me
3207 Bayside Dr
1 to 2 Bedroom Apartments

3207 Bayside Dr

3207 Bayside DrCorona Del Mar, CA 92625
Showing Results 1-42, Page 1 of 1

Island Lagoon, Newport Beach, CA Local Guide

Cheapest Available Island Lagoon Apartments for Rent

 

The cheapest available apartment rental in the Island Lagoon area of Newport Beach, CA is a 1 Bed unit found at Eight 80 Newport Beach priced from $2,120. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,376. Here are the most affordable Island Lagoon apartments for rent in Newport Beach, CA:

Apartment ListingModel NameBed/BathPriced From
Eight 80 Newport BeachPeninsula (A1A-S)1BR,1BA$2,120
Park NewportWedgeStudio,1BA$2,376
Baywood Apartment HomesPlan 11BR,1BA$2,845
Newport North Apartment HomesPlan 31BR,1BA$2,995
Blue SolThe Sunset1BR,1BA$3,050
Newport Bluffs Apartment VillageResidencia - Plan 31BR,1BA$3,565
1601-1801 E 15th Street2x12BR,1BA$3,650
Promontory Point Apartment HomesPlan 21BR,1BA$3,675
Eastside Haven at 17th2x1 A2BR,1BA$3,950
Fairway at Big CanyonPlan 2B2BR,2BA$4,817

Best Value Apartments for Rent in Island Lagoon, CA

As of July 23, 2026 the best value apartment in the Island Lagoon area is the $3.21 price per square foot Plan 2B Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $4,817. The second greatest value Island Lagoon apartment is the Plan 3 Model at Colony at Fashion Island starting at $5,070 with a $3.98 price per square foot in the UC Irvine neighborhood. Here is today’s list of the best values for Island Lagoon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fairway at Big CanyonPlan 2B2BR,2BA$3.21
Colony at Fashion IslandPlan 32BR,2BA$3.98
316 Onyx Ave, Unit 316-1/2 Onyx316 Onyx Ave3BR,2BA$4.76
Eastside Haven at 17th2x1 A2BR,1BA$4.39
Baywood Apartment HomesPlan 11BR,1BA$3.39
AVA NewportB22BR,1BA$3.97
Newport Bluffs Apartment VillageResidencia - Plan 31BR,1BA$4.50
Blue SolThe Sunset1BR,1BA$3.92
Newport North Apartment HomesPlan 11BR,1BA$4.11
Eight 80 Newport BeachHarbor (E1B-N)Studio ,1BA$4.64

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 Article
Decorative image

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.

Read Article
Decorative image

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

Best Local Schools in
Island Lagoon, Newport Beach, CA

School data provided by Great Schools

Frequently Asked Questions about Cheap Island Lagoon Apartments

What is the Cheapest Studio apartment in Island Lagoon?

Currently the most affordable Cheap Studio Apartment in Island Lagoon is at Eight 80 Newport Beach listed at $2,135.

How much is rent for a Cheap One Bedroom Island Lagoon Apartment?

The lowest price for a Cheap One Bedroom Island Lagoon Apartment is $2,120 at Eight 80 Newport Beach.

What is the lowest price for a Cheap Two Bedroom Island Lagoon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Island Lagoon is starting from $3,175 at AVA Newport.

What is the most affordable Island Lagoon Three Bedroom Apartment?

The best deal on a cheap Island Lagoon Three Bedroom Apartment rental is at Baywood Apartment Homes and starts from $4,295.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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

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.