Cheap Homes for Rent in the Island Lagoon Neighborhood of Newport Beach, CA from $4,500 (9 Rentals)

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

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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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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property at 1682 Grand Vw

$5,600

Total Monthly Price

Total Monthly Price

Base Rent
$5,600
Total Monthly Price
$5,600

2 Bedroom, 3 Bath Condo for Rent

Available Now

1682 Grand Vw

Costa MesaCA92627
Showing Results 1-9, 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 1 Bed unit found at Eight 80 Newport Beach priced from $2,219. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,503. Here are the most affordable Island Lagoon apartments for rent in Newport Beach, CA:

Apartment ListingModel NameBed/BathPriced From
Eight 80 Newport BeachPennisula (A1A-S)1BR,1BA$2,219
Park NewportWedgeStudio,1BA$2,503
AVA NewportA11BR,1BA$2,715

Best Value Apartments for Rent in Island Lagoon, CA

As of August 08, 2026 the best value apartment in the Island Lagoon area is the $3.25 price per square foot Plan 2B Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $4,877. The second greatest value Island Lagoon apartment is the Plan 3 Model at Colony at Fashion Island starting at $5,356 with a $4.21 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$3.25
Colony at Fashion IslandPlan 32BR,2BA$4.21
Eastside Haven at 17th2x1 A2BR,1BA$4.39
Baywood Apartment HomesPlan 11BR,1BA$3.71
AVA NewportB22BR,1BA$3.83
Promontory Point Apartment HomesPlan 11BR,1BA$4.97
Blue SolThe Sunset1BR,1BA$3.84
1601-1801 E 15th Street2x12BR,1BA$4.83
Newport North Apartment HomesPlan 11BR,1BA$3.80
Eight 80 Newport BeachOne Bed (A1F-N23)Studio ,1BA$4.32

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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Island Lagoon, Newport Beach, CA

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Frequently Asked Questions about Island Lagoon

What type of rentals are currently available in Island Lagoon?

There are currently 358 Apartments for Rent in Island Lagoon, CA with pricing that ranges from $1,976 to $20,000. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Lagoon ranging from $4,500 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 $4,500 to $75,000 with an average monthly rent of $18,177.

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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.