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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 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Laguna Lake area of San Luis Obispo.
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$1,250 - $2,000Studio Apartments Available Now
Wineman
849 Higuera StSan Luis Obispo, CA 93401
59 Chorro St, Unit Main
59 Chorro St
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.
1160 Murray Ave., Unit #201
1160 Murray Ave.
San Luis ObispoCA93405
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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
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.
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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 | $2,083 | $1,250 | $2,740 |
| Laguna Lake 1 Bedroom Apartments | $2,259 | $1,975 | $2,725 |
| Laguna Lake 2 Bedroom Apartments | $2,799 | $2,400 | $3,400 |
| Laguna Lake 3 Bedroom Apartments | $3,750 | $3,200 | $4,500 |
| Laguna Lake 4 Bedroom Apartments | $1,755 | $1,755 | $1,755 |
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 6 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 Avila Apartments in Downtown SLO priced from $875. Harvest Lofts has the second lowest priced unit, which is a Studio 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 |
| Harvest Lofts | Studio | Studio,1BA | $2,050 |
| Irish Hills Hamlet Apartments | 1BR/1.0BA | 1BR,1BA | $2,150 |
Best Value Apartments for Rent in Laguna Lake, CA
As of February 25, 2026 the best value apartment in the Laguna Lake area is the $1.56 price per square foot 4 beds / 2 baths Model at Montalban in the in the Valle Vista neighborhood starting from $1,650. The second greatest value Laguna Lake apartment is the 1BR/1.0BA Model at de Tolosa Ranch Apartments starting at $2,725 with a $3.39 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. |
|---|---|---|---|
| Montalban | 4 beds / 2 baths | 4BR,2BA | $1.56 |
| de Tolosa Ranch Apartments | 1BR/1.0BA | 1BR,1BA | $3.39 |
| Irish Hills Hamlet Apartments | 1BR/1.0BA | 1BR,1BA | $2.87 |
| 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 #2
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 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 $2,400 at Irish Hills Hamlet Apartments.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.