
Cheap Apartments for Rent in the Island Lagoon Neighborhood of Newport Beach, CA from $1,300 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Island Lagoon area of Newport Beach.


Total Monthly Price
Park Newport

Baywood Apartment Homes

Newport North Apartment Homes

1530 Miramar Dr

Newport Bluffs Apartment Village

Westcliff

Total Monthly Price
816 Amigos Way, Unit A

Promontory Point Apartment Homes
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.

926 W Balboa Blvd

915 E Balboa Blvd

4200 Shorecrest Ln

2101 E 15th St, Unit 8

Seaview Plaza

404 E Balboa Blvd

Bedford Apartments

Rutland Apartments

Westview Apartments
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.

1142 Rutland Rd

Bayshore Apartments

1069 Buckingham Ln

1601-1801 E 15th Street

1069 Buckingham Lane, 1601-1728 Bedford Lane

Eastside Apartments

393-395 Broadway

118 Magnolia St

Total Monthly Price
412 Esther St, Unit B
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Total Monthly Price
1765 Santa Ana Ave, Unit SI FL2-ID3381A

Total Monthly Price
1765 Santa Ana Ave, Unit SI FL2-ID10858A

Eastside Haven at 17th

1612 Orange Ave

Total Monthly Price
1765 Santa Ana Ave, Unit SI FL1-ID3459A

Total Monthly Price
609 Narcissus Ave, Unit 609.5 Narcissus Avenue

Total Monthly Price
1765 Santa Ana Ave, Unit SI FL1-ID7843A

145 E 18th St

Orange Bay Apartments
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.

Bayview Apartments

St. John's Manor

Leeward Apartments

AVA Newport

Newport 18th

The Courtyards Apartments

283 Knox St

Blue Sol

1947 Fullerton Ave
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.
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 | $2,511 | $1,968 | $3,560 |
| Island Lagoon 1 Bedroom Apartments | $3,251 | $2,148 | $6,585 |
| Island Lagoon 2 Bedroom Apartments | $4,303 | $2,671 | $8,170 |
| Island Lagoon 3 Bedroom Apartments | $7,733 | $3,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 45 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $2,075. Leeward Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,150. 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 | Harbor (E1B-N) | Studio,1BA | $2,075 |
| Leeward Apartments | 1 Bed 1 Bath | 1BR,1BA | $2,150 |
| AVA Newport | S1 | Studio,1BA | $2,255 |
| Park Newport | Balboa 2 | 1BR,1BA | $2,575 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $2,655 |
| Blue Sol | The Huntington | 1BR,1BA | $3,256 |
| Newport North Apartment Homes | Plan 5 | 2BR,2BA | $3,520 |
| 1601-1801 E 15th Street | 2x1 | 2BR,1BA | $3,650 |
| Eastside Haven at 17th | 2x1 A | 2BR,1BA | $3,850 |
Best Value Apartments for Rent in Island Lagoon, CA
As of June 08, 2026 the best value apartment in the Island Lagoon area is the $3.32 price per square foot Plan 2B Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $4,979. The second greatest value Island Lagoon apartment is the Plan 4 Model at Colony at Fashion Island starting at $5,515 with a $4.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fairway at Big Canyon | Plan 2B | 2BR,2BA | $3.32 |
| Colony at Fashion Island | Plan 4 | 2BR,2BA | $4.04 |
| Newport Bluffs Apartment Village | Rivoli - Plan 5 | 3BR,2.5BA | $4.28 |
| 816 Amigos Way, Unit A | 816 Amigos Way | 2BR,2BA | $2.71 |
| 609 Narcissus Ave, Unit 609.5 Narcissus Avenue | 609 Narcissus Ave | 2BR,1BA | $4.00 |
| Newport North Apartment Homes | Plan 4 | 2BR,2BA | $3.74 |
| Eastside Haven at 17th | 2x1 A | 2BR,1BA | $4.28 |
| Blue Sol | The Huntington | 1BR,1BA | $3.82 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.17 |
| Leeward Apartments | 1 Bed 1 Bath | 1BR,1BA | $3.41 |
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.
Best Local Schools in Island Lagoon, Newport Beach, CA
Harbor View Elementary
Corona del Mar High
Horace Ensign Intermediate
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 $2,075.
How much is rent for a Cheap One Bedroom Island Lagoon Apartment?
The lowest price for a Cheap One Bedroom Island Lagoon Apartment is $2,148 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 $2,671 at Eight 80 Newport Beach.
What is the most affordable Island Lagoon Three Bedroom Apartment?
The best deal on a cheap Island Lagoon Three Bedroom Apartment rental is at Newport Bluffs Apartment Village and starts from $5,050.
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

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.

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.