279 E 20th St
Costa MesaCA92627
Cheap Homes for Rent in the Island Lagoon Neighborhood of Newport Beach, CA from $2,250 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Island Lagoon area of Newport Beach.
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$3,730
Total Monthly Price
Base Rent$3,730
Total Monthly Price$3,730
1765 Santa Ana Ave, Unit GO FL1-ID10242A
1765 Santa Ana AveCosta Mesa, CA 92627
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$3,800
Total Monthly Price
Base Rent$3,800
Total Monthly Price$3,800
1765 Santa Ana Ave, Unit SI FL1-ID3459A
1765 Santa Ana AveCosta Mesa, CA 92627
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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$4,150
Total Monthly Price
Base Rent$4,150
Total Monthly Price$4,150
1765 Santa Ana Ave, Unit SI FL2-ID3500A
1765 Santa Ana AveCosta Mesa, CA 92627
221 Pearl Ave
Newport BeachCA92662
257 Chesterfield
Newport BeachCA92660
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.
1051 Dover Dr
Newport BeachCA92660
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Island Lagoon, Newport Beach, CA Local Guide
How much does it cost to rent a home in Island Lagoon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Lagoon 2 Bedroom Homes for Rent | $6,666 | $4,500 | $10,000+ |
| Island Lagoon 3 Bedroom Homes for Rent | $10,570 | $6,900 | $10,000+ |
| Island Lagoon 4 Bedroom Homes for Rent | $24,200 | $10,000 | $10,000+ |
| Island Lagoon 5 Bedroom Homes for Rent | $44,500 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Island Lagoon Neighborhood of Newport Beach, CA.
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Island Lagoon, Newport Beach, CA Local Guide
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Cheapest Available Island Lagoon Homes for Rent
The cheapest available rental home in the Island Lagoon area of Newport Beach, CA is a 3 Beds home found at 1966 Vista Caudal priced from $8,100. 2112 Vista Dorado has the second lowest priced home, which is a 3 Beds rental home currently listed from $8,500. Here are the most affordable Island Lagoon homes for rent in Newport Beach, CA:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1966 Vista Caudal | 1966 Vista Caudal | 3BR, 2BA | $8,100 |
| 2112 Vista Dorado | 2112 Vista Dorado | 3BR, 3BA | $8,500 |
| 2105 E Balboa Blvd | 2105 E Balboa Blvd | 4BR, 5BA | $21,000 |
Best Value Homes for Rent in Island Lagoon, CA
As of September 22, 2026 the best value rental home in the Island Lagoon area is the $17.29 price per square foot 2266 Channel Rd Model at 2266 Channel Rd in the Balboa Island neighborhood starting from $75,000. The second greatest value Island Lagoon rental home is the 222 Iris Ave Model at 222 Iris Ave in the Corona Del Mar neighborhood starting at $22,950 with a $5.44 price per square foot. Here is today’s list of the best values for Island Lagoon homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2266 Channel Rd | 2266 Channel Rd | 5BR, 8BA | $17.29 |
| 222 Iris Ave | 222 Iris Ave | 4BR, 4.5BA | $5.44 |
| 2105 E Balboa Blvd | 2105 E Balboa Blvd | 4BR, 5BA | $7.04 |
| 421 Edgewater Pl | 421 Edgewater Pl | 4BR, 4BA | $10.07 |
| 31 Ocean 27 | 31 Ocean 27 | 2BR, 2.5BA | $4.42 |
| 1115 Granville Dr | 1115 Granville Dr | 2BR, 2BA | $4.53 |
| 200 Grand Canal | 200 Grand Canal | 4BR, 3BA | $5.34 |
| 1966 Vista Caudal | 1966 Vista Caudal | 3BR, 2BA | $4.11 |
| 2112 Vista Dorado | 2112 Vista Dorado | 3BR, 3BA | $4.52 |
| 411 Goldenrod Ave, Unit A | 411 Goldenrod Ave | 3BR, 2BA | $5.17 |
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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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 Island Lagoon
What type of rentals are currently available in Island Lagoon?
There are currently 356 Apartments for Rent in Island Lagoon, CA with pricing that ranges from $1,898 to $16,000. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Lagoon ranging from $2,250 to $75,000.
What is the current price range for Rental Homes in Island Lagoon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Island Lagoon ranges from $2,250 to $75,000 with an average monthly rent of $16,880.
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.