Cheap Apartments for Rent in the Island Lagoon Neighborhood of Newport Beach, CA from $1,300 (19 Rentals)

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

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Seaview Plaza
1 Bedroom Apartments

Seaview Plaza

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

404 E Balboa Blvd

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

Bedford Apartments

1731 Bedford LnNewport Beach, CA 92660

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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Rutland Apartments
2 Bedroom Apartments

Rutland Apartments

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

Westview Apartments

737-741 Amigos WayNewport Beach, CA 92660
  • Utilities Included
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1601 E 15th St
2 Bedroom Apartments

1601 E 15th St

1601 E 15th StNewport Beach, CA 92663
  • Utilities Included
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1142 Rutland Rd
2 Bedroom Apartments

1142 Rutland Rd

1142 Rutland RdNewport Beach, CA 92660
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Bayshore Apartments
1 to 2 Bedroom Apartments

Bayshore Apartments

2888 Bayshore DrNewport Beach, CA 92663
  • Utilities Included

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.

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145 East 18th
Studio to 2 Bedroom Apartments

145 East 18th

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

Bayview Apartments

1682 San Joaquin Hills RdCorona Del Mar, CA 92625

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.

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St. John's Manor
1 Bedroom Apartments

St. John's Manor

2031 Orange AveCosta Mesa, CA 92627
Senior Living

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 Studio unit found at AVA Newport priced from $1,940. Eight 80 Newport Beach has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,104. Here are the most affordable Island Lagoon apartments for rent in Newport Beach, CA:

Apartment ListingModel NameBed/BathPriced From
AVA NewportS1Studio,1BA$1,940
Eight 80 Newport BeachPeninsula (A1A-S)1BR,1BA$2,104
Park NewportWedgeStudio,1BA$2,525
Baywood Apartment HomesPlan 11BR,1BA$2,675
Newport Bluffs Apartment VillageResidencia - Plan 1Studio,1BA$2,695

Best Value Apartments for Rent in Island Lagoon, CA

As of October 28, 2025 the best value apartment in the Island Lagoon area is the $4.02 price per square foot Plan 5 Model at Colony at Fashion Island in the in the UC Irvine neighborhood starting from $6,210. The second greatest value Island Lagoon apartment is the 2 Bed 2 Bath Model at Fairway at Big Canyon starting at $4,919 with a $3.28 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.
Colony at Fashion IslandPlan 52BR,2BA$4.02
Fairway at Big Canyon2 Bed 2 Bath2BR,2BA$3.28
Blue SolThe San Clemente3BR,2BA$3.07
Newport North Apartment HomesPlan 42BR,2BA$3.68
Eastside Apartments21BL2BR,1BA$3.43
145 East 18thUnit #A 2Bed/1Ba2BR,1BA$3.24
Baywood Apartment HomesPlan 11BR,1BA$3.19
Promontory Point Apartment HomesPlan 41BR,1BA$4.86
Eight 80 Newport BeachPeninsula (A1A-S)1BR,1BA$3.16
Newport Bluffs Apartment VillageResidencia - Plan 1Studio ,1BA$4.91

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Pet Friendly Lifestyle
Island Lagoon, Newport Beach, CA

Ranked #30

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Island Lagoon Neighborhood in Newport Beach, CA

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

39 / 100

Some Transit

A few nearby public transportation options

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 AVA Newport listed at $1,940.

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

The lowest price for a Cheap One Bedroom Island Lagoon Apartment is $2,104 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 $2,750 at 145 East 18th.

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 $3,570.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.