137 Corsica Dr
Newport BeachCA92660
Cheap Homes for Rent in Island Lagoon Neighborhood of Newport Beach, CA from $3,400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Island Lagoon area of Newport Beach.
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.
517 1/2 Marguerite Ave
Corona Del MarCA92625
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.
257 Chesterfield
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 | $7,225 | $3,499 | $10,000+ |
| Island Lagoon 3 Bedroom Homes for Rent | $13,749 | $4,450 | $10,000+ |
| Island Lagoon 4 Bedroom Homes for Rent | $19,557 | $6,200 | $10,000+ |
| Island Lagoon 5 Bedroom Homes for Rent | $16,898 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Island Lagoon, CA
As of July 26, 2025 the best value apartment in the Island Lagoon area is the $3.54 price per square foot 3 Bed 2 Bath Model at Fairway at Big Canyon in the in the UC Irvine neighborhood starting from $6,019. The second greatest value Island Lagoon apartment is the Plan 5 Model at Colony at Fashion Island starting at $6,380 with a $4.13 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 | 3 Bed 2 Bath | 3BR,2BA | $3.54 |
| Colony at Fashion Island | Plan 5 | 2BR,2BA | $4.13 |
| 1606 Westcliff Dr. | 2 Bed 1 3/4 Bath | 2BR,1.75BA | $3.70 |
| Eastside Apartments | 21B | 2BR,1BA | $3.47 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.26 |
| Blue Sol | The Sunset | 1BR,1BA | $3.93 |
| Newport North Apartment Homes | Plan 1 | 1BR,1BA | $4.13 |
| Eight 80 Newport Beach | Newport (A1B-S) | 1BR,1BA | $3.29 |
| AVA Newport | A1 | 1BR,1BA | $3.66 |
| 155 Rochester St, Unit 1/2 | 155 Rochester St | 1BR,1BA | $3.85 |
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Frequently Asked Questions about Island Lagoon
What type of rentals are currently available in Island Lagoon?
There are currently 354 Apartments for Rent in Island Lagoon, CA with pricing that ranges from $1,889 to $48,000. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Lagoon ranging from $3,499 to $40,900.
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 $3,499 to $40,900 with an average monthly rent of $12,285.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.