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$1,099 - $3,720Studio to 1 Bedroom Apartments Available Now
Artisan Apartments
564 Higuera StSan Luis Obispo, CA 93401
Cheap Apartments for Rent in the Laguna Lake Neighborhood of San Luis Obispo, CA from $1,000 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Laguna Lake area of San Luis Obispo.
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$1,200 - $2,200Studio to 1 Bedroom Apartments Available Now
Avila Apartments in Downtown SLO
475-497 Marsh StSan Luis Obispo, CA 93401
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$1,250Studio Apartments Available Now
Wineman
849 Higuera StSan Luis Obispo, CA 93401
59 Chorro St, Unit Main
59 Chorro St
San Luis ObispoCA93405
66 Chorro St
San Luis ObispoCA93405
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$1,850 - $2,850Studio to 2 Bedroom Apartments Available Now
Peach Street
660 Peach StSan Luis Obispo, CA 93401
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$2,000
Total Monthly Price
2 Bedroom Apartment Available Aug 8Total Monthly Price
Base Rent
$2,000
Total Monthly Price
$2,000
3140 Alicita Ct
3140 Alicita CtSan Luis Obispo, CA 93401
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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$2,100
Total Monthly Price
Studio Apartment Available NowTotal Monthly Price
Base Rent
$2,100
Total Monthly Price
$2,100
1004 Forest St, Unit A
1004 Forest StSan Luis Obispo, CA 93405
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$2,1501 Bedroom Apartments Available Aug 7
1533 El Tigre Ct, Unit M
1533 El Tigre CtSan Luis Obispo, CA 93405
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$2,200 - $3,2001 to 3 Bedroom Apartments Available Now
Irish Hills Hamlet Apartments
11343 Los Osos Valley RdSan Luis Obispo, CA 93405
269-273 High St
San Luis ObispoCA93401
687 Lincoln St
San Luis ObispoCA93405
1312 Broad St
San Luis ObispoCA93401
1613-1613 Garden St
San Luis ObispoCA93401
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.
673 Santa Rosa St
San Luis ObispoCA93401
1278-1280 Phillips Ln
San Luis ObispoCA93401
1351 Royal Way
San Luis ObispoCA93405
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$2,775 - $3,9501 to 2 Bedroom Apartments Available Now
de Tolosa Ranch Apartments
1704 Tonini DrSan Luis Obispo, CA 93405
586 Pacific St
San Luis ObispoCA93401
199 Chorro St
San Luis ObispoCA93405
680 Chorro St
San Luis ObispoCA93401
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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1 to 2 Bedroom Apartments
Murray Street Station Apartments
1262 Murray StSan Luis Obispo, CA 93405
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1 Bedroom Apartments
Sheri Apartments
721 Johnson AveSan Luis Obispo, CA 93401
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Studio to 1 Bedroom Apartments
Harvest Lofts
845 Madonna RdSan Luis Obispo, CA 93405
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1 to 3 Bedroom Apartments
1290 Murray Avenue
1290 Murray AveSan Luis Obispo, CA 93405
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1 to 2 Bedroom Apartments
421 Dana St
421 Dana StSan Luis Obispo, CA 93401
815 Madonna Rd
San Luis ObispoCA93405
2250 King Ct
San Luis ObispoCA93401
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.
11295 Los Osos Valley Rd
San Luis ObispoCA93405
123 Casa St
San Luis ObispoCA93405
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Laguna Lake, San Luis Obispo, CA Local Guide
How much does it cost to rent an apartment in Laguna Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Laguna Lake Studio Apartments | $2,398 | $1,099 | $2,855 |
| Laguna Lake 1 Bedroom Apartments | $2,827 | $1,850 | $3,720 |
| Laguna Lake 2 Bedroom Apartments | $2,862 | $2,000 | $3,950 |
| Laguna Lake 3 Bedroom Apartments | $3,916 | $3,200 | $4,800 |
| Laguna Lake 4 Bedroom Apartments | $3,552 | $1,415 | $5,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Laguna Lake Neighborhood of San Luis Obispo, CA.
See all Apartments in San Luis ObispoExplore San Luis Obispo
Laguna Lake, San Luis Obispo, CA Local Guide
- Nearby San Luis Obispo neighborhoods
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Cheapest Available Laguna Lake Apartments for Rent
The cheapest available apartment rental in the Laguna Lake area of San Luis Obispo, CA is a Studio unit found at Peach Street priced from $1,850. Irish Hills Hamlet Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,200. Here are the most affordable Laguna Lake apartments for rent in San Luis Obispo, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Peach Street | STUDIO | Studio,1BA | $1,850 |
| Irish Hills Hamlet Apartments | 1BR/1.0BA | 1BR,1BA | $2,200 |
| Artisan Apartments | Studio | Studio,1BA | $2,740 |
| de Tolosa Ranch Apartments | 1BR/1.0BA | 1BR,1BA | $2,775 |
Best Value Apartments for Rent in Laguna Lake, CA
As of July 16, 2026 the best value apartment in the Laguna Lake area is the $2.93 price per square foot 1BR/1.0BA Model at Irish Hills Hamlet Apartments in the in the San Luis Obispo neighborhood starting from $2,200. The second greatest value Laguna Lake apartment is the 1BR/1.0BA Model at de Tolosa Ranch Apartments starting at $2,775 with a $3.96 price per square foot in the San Luis Obispo neighborhood. Here is today’s list of the best values for Laguna Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Irish Hills Hamlet Apartments | 1BR/1.0BA | 1BR,1BA | $2.93 |
| de Tolosa Ranch Apartments | 1BR/1.0BA | 1BR,1BA | $3.96 |
| Artisan Apartments | Studio | Studio ,1BA | $5.67 |
| Peach Street | STUDIO | Studio ,1BA | $4.28 |
| 1004 Forest St, Unit A | 1004 Forest St | Studio ,1BA | $6.56 |
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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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 LifestyleLaguna Lake, San Luis Obispo, CA
Ranked #3
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Laguna Lake Apartments
What is the Cheapest Studio apartment in Laguna Lake?
Currently the most affordable Cheap Studio Apartment in Laguna Lake is at Peach Street listed at $1,850.
How much is rent for a Cheap One Bedroom Laguna Lake Apartment?
The lowest price for a Cheap One Bedroom Laguna Lake Apartment is $2,200 at Irish Hills Hamlet Apartments.
What is the lowest price for a Cheap Two Bedroom Laguna Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Laguna Lake is starting from $2,400 at Irish Hills Hamlet Apartments.
What is the most affordable Laguna Lake Three Bedroom Apartment?
The best deal on a cheap Laguna Lake Three Bedroom Apartment rental is at Irish Hills Hamlet Apartments and starts from $3,200.
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
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.
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.
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.
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.