Cheap Apartments for Rent in the Island Lagoon Neighborhood of Newport Beach, CA from $1,300 (43 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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Park Newport
Rent Specials
$2,453 - $5,250
Total Monthly Price

Total Monthly Price

Base Rent
$2,453 - $5,250
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Park Newport

1 Park NewportNewport Beach, CA 92660
Corporate Housing
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  • Utilities Included
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816 Amigos Way, Unit A
$3,250
Total Monthly Price

Total Monthly Price

Base Rent
$3,250
Total Monthly Price
$3,250
2 Bedroom Apartment Available Now

816 Amigos Way, Unit A

816 Amigos WayNewport Beach, CA 92660
Cost Per Sq.Ft.
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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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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
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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
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Westview Apartments
2 Bedroom Apartments

Westview Apartments

737-741 Amigos WayNewport Beach, CA 92660
  • 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
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1069 Buckingham Ln
2 Bedroom Apartments

1069 Buckingham Ln

1069 Buckingham LnNewport Beach, CA 92660
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1606 Westcliff Dr.
1 to 2 Bedroom Apartments

1606 Westcliff Dr.

1606-1674 Westcliff DrNewport Beach, CA 92660

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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1584 Redlands Pl, Unit C
$3,600
Total Monthly Price

Total Monthly Price

Base Rent
$3,600
Total Monthly Price
$3,600
2 Bedroom Apartment Available Now

1584 Redlands Pl, Unit C

1584 Redlands PlCosta Mesa, CA 92627
Cost Per Sq.Ft.

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 E 18th St
Studio to 2 Bedroom Apartments

145 E 18th St

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
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St. John's Manor
1 Bedroom Apartments

St. John's Manor

2031 Orange AveCosta Mesa, CA 92627
Senior Living
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Leeward Apartments
1 Bedroom Apartments

Leeward Apartments

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

Newport 18th

147 E 18th StCosta Mesa, CA 92627
  • Utilities Included

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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283 Knox St
2 to 3 Bedroom Apartments

283 Knox St

283 Knox StCosta Mesa, CA 92627
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Blue Sol
1 to 3 Bedroom Apartments

Blue Sol

421 Bernard StCosta Mesa, CA 92627
Showing Results 1-43, 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 Studio unit found at Eight 80 Newport Beach priced from $1,761. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,453. Here are the most affordable Island Lagoon apartments for rent in Newport Beach, CA:

Apartment ListingModel NameBed/BathPriced From
Eight 80 Newport BeachDune I (E1B-S)Studio,1BA$1,761
Park NewportWedgeStudio,1BA$2,453
Baywood Apartment HomesPlan 11BR,1BA$2,775
Newport North Apartment HomesPlan 11BR,1BA$3,140
Eastside Haven at 17th1x11BR,1BA$3,300
Newport Bluffs Apartment VillageLoggia - Plan 11BR,1BA$3,350
Blue SolThe Balboa2BR,2BA$3,645
Promontory Point Apartment HomesPlan 21BR,1BA$3,675

Best Value Apartments for Rent in Island Lagoon, CA

As of June 25, 2026 the best value apartment in the Island Lagoon area is the $3.39 price per square foot Plan 2B Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $5,079. The second greatest value Island Lagoon apartment is the Plan 4 Model at Colony at Fashion Island starting at $5,565 with a $4.08 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$3.39
Colony at Fashion IslandPlan 42BR,2BA$4.08
1584 Redlands Pl, Unit Unit C1584 Redlands Pl2BR,2.5BA$2.90
816 Amigos Way, Unit A816 Amigos Way2BR,2BA$2.71
Blue SolThe Balboa2BR,2BA$3.41
1069 Buckingham Lane, 1601-1728 Bedford Lane2 Bed 1 Bath Plan A2BR,1BA$3.77
Baywood Apartment HomesPlan 11BR,1BA$3.31
Newport North Apartment HomesPlan 11BR,1BA$4.25
Newport Bluffs Apartment VillageLoggia - Plan 11BR,1BA$4.86
Eight 80 Newport BeachBalboa (E1A-N)Studio ,1BA$4.46

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

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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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 $1,761.

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

The lowest price for a Cheap One Bedroom Island Lagoon Apartment is $2,004 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 $2,583 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 $4,995.

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 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.

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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.

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.

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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.