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$1,931 - $3,325Studio to 2 Bedroom Apartments Available Now
Eight 80 Newport Beach
880 Irvine AveNewport Beach, CA 92663
Cheap Apartments for Rent in the Island Lagoon Neighborhood of Newport Beach, CA from $1,395 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Island Lagoon area of Newport Beach.
1124 W Balboa Blvd
Newport BeachCA92661
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Rent Specials
$2,515 - $11,039
Total Monthly Price
Base Rent$2,515 - $11,039
Total Monthly PriceVaries
Park Newport
1 Park NewportNewport Beach, CA 92660
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$3,135 - $4,9451 to 3 Bedroom Apartments Available Now
Baywood Apartment Homes
1 Baywood DrNewport Beach, CA 92660
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Rent Specials
$3,340 - $5,840Studio to 3 Bedroom Apartments Available Now
Newport Bluffs Apartment Village
100 VilaggioNewport Beach, CA 92660
2001-2007 Clay St
Newport BeachCA92663
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$3,535 - $5,2901 to 3 Bedroom Apartments Available Now
Newport North Apartment Homes
2 Milano DrNewport Beach, CA 92660
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$3,670 - $5,2151 to 2 Bedroom Apartments Available Now
Promontory Point Apartment Homes
200 Promontory Dr WNewport Beach, CA 92660
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.
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1 Bedroom Apartments
Seaview Plaza
2800 Pacific View DrNewport Beach, CA 92660
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Studio to 2 Bedroom Apartments
404 E Balboa Blvd
404 E Balboa BlvdNewport Beach, CA 92661
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2 to 3 Bedroom Apartments
Bedford Apartments
1731 Bedford LnNewport Beach, CA 92660
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2 Bedroom Apartments
Rutland Apartments
1170 Rutland RdNewport Beach, CA 92660
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2 Bedroom Apartments
Westview Apartments
737-741 Amigos WayNewport Beach, CA 92660
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2 Bedroom Apartments
1142 Rutland Rd
1142 Rutland RdNewport Beach, CA 92660
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1 to 2 Bedroom Apartments
Bayshore Apartments
2888 Bayshore DrNewport Beach, CA 92663
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1 to 2 Bedroom Apartments
777Domi
777 Domingo DrNewport 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.
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1 to 2 Bedroom Apartments
Westcliff
1800-1838 Westcliff DrNewport Beach, CA 92660
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2 Bedroom Apartments
1069 Buckingham Ln
1069 Buckingham LnNewport Beach, CA 92660
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1 to 3 Bedroom Apartments
Fairway at Big Canyon
48 1/2 Pine Valley LnNewport Beach, CA 92660
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2 Bedroom Apartments
Lightsand
1216-1220 W Balboa BlvdNewport Beach, CA 92661
257 Chesterfield
Newport BeachCA92660
279 E 20th St
Costa MesaCA92627
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Rent Specials
$2,645 - $4,4151 to 3 Bedroom Apartments Available Now
AVA Newport
1765-1765 Santa Ana AveCosta Mesa, CA 92627
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$2,8502 Bedroom Apartments Available Now
The Courtyards Apartments
324 E 20th StCosta Mesa, CA 92627
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.
341 Woodland Pl
Costa MesaCA92627
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$3,000
Total Monthly Price
Base Rent$3,000
Total Monthly Price$3,000
412 Esther St, Unit B
412 Esther StCosta Mesa, CA 92627
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$3,2452 Bedroom Apartments Available Soon
Eastside Apartments
126 E 18th StCosta Mesa, CA 92627
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$3,400 - $4,6311 to 2 Bedroom Apartments Available Now
Eastside Haven at 17th
313 E 17th PlCosta Mesa, CA 92627
294-294 E 18th St
Costa MesaCA92627
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$3,760
Total Monthly Price
Base Rent$3,760
Total Monthly Price$3,760
1765 Santa Ana Ave, Unit GO FL1-ID3459A
1765 Santa Ana AveCosta Mesa, CA 92627
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$3,820
Total Monthly Price
Base Rent$3,820
Total Monthly Price$3,820
1765 Santa Ana Ave, Unit SI FL1-ID10242A
1765 Santa Ana AveCosta Mesa, CA 92627
286 Costa Mesa St
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.
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Studio to 2 Bedroom Apartments
145 E 18th St
145 E 18th StCosta Mesa, CA 92627
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1 to 4 Bedroom Apartments
Orange Bay Apartments
187 E 18th StCosta Mesa, CA 92627
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1 to 3 Bedroom Apartments
Bayview Apartments
1682 San Joaquin Hills RdCorona Del Mar, CA 92625
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Studio to 1 Bedroom Apartments
135 & 137 Broadway
135-137 E BroadwayCosta Mesa, CA 92627
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1 Bedroom Apartments
Leeward Apartments
2020 Fullerton AveCosta Mesa, CA 92627
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1 to 2 Bedroom Apartments
Newport 18th
147 E 18th StCosta Mesa, CA 92627
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2 to 3 Bedroom Apartments
283 Knox St
283 Knox StCosta Mesa, CA 92627
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1 to 3 Bedroom Apartments
Blue Sol
421 Bernard 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.
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2 Bedroom Apartments
OGLE
326 Ogle StCosta Mesa, CA 92627
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Studio to 2 Bedroom Apartments
129-131 Broadway
129-131 BroadwayCosta Mesa, CA 92627
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2 Bedroom Apartments
Carr/Irani - 361 E 18th Street
361 E 18th StCosta Mesa, CA 92627
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1 to 2 Bedroom Apartments
Bayside Drive Complex
3207 Bayside DrCorona Del Mar, CA 92625
Showing Results 1-44, Page 1 of 1
Island Lagoon, Newport Beach, CA Local Guide
How much does it cost to rent an apartment in Island Lagoon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Lagoon Studio Apartments | $2,322 | $2,022 | $3,125 |
| Island Lagoon 1 Bedroom Apartments | $3,444 | $2,150 | $6,980 |
| Island Lagoon 2 Bedroom Apartments | $4,549 | $2,850 | $10,000+ |
| Island Lagoon 3 Bedroom Apartments | $6,539 | $4,050 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Island Lagoon Neighborhood of Newport Beach, CA.
See all Apartments in Newport BeachExplore Newport Beach
Island Lagoon, Newport Beach, CA Local Guide
- Nearby Newport Beach neighborhoods
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Cheapest Available Island Lagoon Apartments for Rent
The cheapest available apartment rental in the Island Lagoon area of Newport Beach, CA is a Studio unit found at Eight 80 Newport Beach priced from $1,931. 135 & 137 Broadway has the second lowest priced unit, which is a Studio apartment currently listed from $2,050. Here are the most affordable Island Lagoon apartments for rent in Newport Beach, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eight 80 Newport Beach | Balboa (E1A-N) | Studio, 1BA | $1,931 |
| 135 & 137 Broadway | 0BR/1.0BA | Studio, 1BA | $2,050 |
| Park Newport | Wedge | Studio, 1BA | $2,500 |
| 777Domi | 1BR/1.0BA | 1BR, 1BA | $2,600 |
| The Courtyards Apartments | 2 bed 2 bath | 2BR, 2BA | $2,850 |
| OGLE | 2BR/1.0BA | 2BR, 1BA | $3,195 |
| Baywood Apartment Homes | Plan 2 | 2BR, 2BA | $3,355 |
| Promontory Point Apartment Homes | Plan 2 | 1BR, 1BA | $3,670 |
| Newport Bluffs Apartment Village | Residencia - Plan 3 | 1BR, 1BA | $3,735 |
| Carr/Irani - 361 E 18th Street | 2BR/1.0BA | 2BR, 1BA | $3,750 |
Best Value Apartments for Rent in Island Lagoon, CA
As of September 27, 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 Spyglass Hill neighborhood starting from $4,809. The second greatest value Island Lagoon apartment is the Plan 4 Model at Colony at Fashion Island in the UC Irvine neighborhood starting at $6,025 with a $4.41 price per square foot. Here is today’s list of the best values for Island Lagoon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fairway at Big Canyon | Plan 2B | 2BR, 2BA | $3.21 |
| Colony at Fashion Island | Plan 4 | 2BR, 2BA | $4.41 |
| Baywood Apartment Homes | Plan 2 | 2BR, 2BA | $2.99 |
| 501 Marguerite Ave, Unit 1/2 | 501 Marguerite Ave | 2BR, 2BA | $4.50 |
| OGLE | 2BR/1.0BA | 2BR, 1BA | $3.20 |
| Carr/Irani - 361 E 18th Street | 2BR/1.0BA | 2BR, 1BA | $3.99 |
| Eastside Haven at 17th | 2x1 A | 2BR, 1BA | $4.50 |
| Newport North Apartment Homes | Plan 3 | 1BR, 1BA | $4.43 |
| 777Domi | 1BR/1.0BA | 1BR, 1BA | $3.47 |
| AVA Newport | A1 | 1BR, 1BA | $3.93 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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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.
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Do you know the Island Lagoon area?
If you’re an expert on all things Island Lagoon, tell us what you love (and don't) by rating it and writing a review.
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Best Local Schools in Island Lagoon, Newport Beach, CA
Harbor View Elementary School
Newport-Mesa Unified School District
Public School - Grades K-5 (344)
10 out of 10
Corona del Mar High
Newport-Mesa Unified School District
Public School - Grades 6-12 (2106)
7 out of 10
Horace Ensign Intermediate
Newport-Mesa Unified School District
Public School - Grades 6-8 (875)
9 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Island Lagoon Apartments
What is a cheap apartment in Island Lagoon?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Island Lagoon is under $3,750.
What is the price of a cheap apartment in Island Lagoon?
The cheapest apartment in Island Lagoon is Eight 80 Newport Beach which is listed at $2,236, while the average apartment in Island Lagoon costs $3,735.
What types of apartments are the cheapest in Island Lagoon?
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 4 regular apartments in Island Lagoon 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 Island Lagoon?
Cheap apartments in Island Lagoon have an average cost of $672 which is $3,063 cheaper than the average rent for all rentals in Island Lagoon.
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
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.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.