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$875 - $2,200Studio to 1 Bedroom Apartments Available Now
Avila Apartments in Downtown SLO
475-497 Marsh StSan Luis Obispo, CA 93401
Cheap Apartments for Rent in the Laguna Lake Neighborhood of San Luis Obispo, CA from $800 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Laguna Lake area of San Luis Obispo.
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905 Madonna Rd
San Luis ObispoCA93405
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.
59 Chorro St, Unit Main
59 Chorro St
San Luis ObispoCA93405
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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.
815 Mirada Dr
San Luis ObispoCA93405
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Laguna Lake, San Luis Obispo, CA Local Guide
Los Osos Valley Sunset by Jesse Palmer is licensed under CC BY 2.0
How much does it cost to rent an apartment in Laguna Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Laguna Lake Studio Apartments | $2,062 | $1,250 | $2,740 |
| Laguna Lake 1 Bedroom Apartments | $2,057 | $1,500 | $2,400 |
| Laguna Lake 2 Bedroom Apartments | $2,813 | $2,400 | $3,795 |
| Laguna Lake 3 Bedroom Apartments | $3,300 | $3,300 | $3,300 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Laguna Lake Neighborhood of San Luis Obispo, CA.
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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 Avila Apartments in Downtown SLO priced from $875. Irish Hills Hamlet Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,050. Here are the most affordable Laguna Lake apartments for rent in San Luis Obispo, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Avila Apartments in Downtown SLO | Avila Studio | Studio,1BA | $875 |
| Irish Hills Hamlet Apartments | 1BR/1.0BA | 1BR,1BA | $2,050 |
| Harvest Lofts | Studio | Studio,1BA | $2,050 |
Best Value Apartments for Rent in Laguna Lake, CA
As of January 05, 2026 the best value apartment in the Laguna Lake area is the $2.60 price per square foot 2x1.5 Model at Peach Street in the in the Valle Vista neighborhood starting from $2,600. The second greatest value Laguna Lake apartment is the 1BR/1.0BA Model at Irish Hills Hamlet Apartments starting at $2,050 with a $2.73 price per square foot in the Laguna Lake 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. |
|---|---|---|---|
| Peach Street | 2x1.5 | 2BR,1.5BA | $2.60 |
| Irish Hills Hamlet Apartments | 1BR/1.0BA | 1BR,1BA | $2.73 |
| Artisan Apartments | Studio | Studio ,1BA | $5.67 |
| Harvest Lofts | Plan A | 1BR,1BA | $5.86 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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
3.0Pet 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 Avila Apartments in Downtown SLO listed at $875.
How much is rent for a Cheap One Bedroom Laguna Lake Apartment?
The lowest price for a Cheap One Bedroom Laguna Lake Apartment is $1,975 at Avila Apartments in Downtown SLO.
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 $2,200 at 421 Dana St.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!