
Cheap Apartments for Rent in the Laguna Lake Neighborhood of San Luis Obispo, CA from $1,200 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Laguna Lake area of San Luis Obispo.


de Tolosa Ranch Apartments

Irish Hills Hamlet Apartments

1271 Murray Ave, Unit #D
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 | $2,614 | $1,250 | $2,855 |
Laguna Lake 1 Bedroom Apartments | $3,121 | $2,200 | $3,720 |
Laguna Lake 2 Bedroom Apartments | $3,128 | $2,400 | $6,310 |
Laguna Lake 3 Bedroom Apartments | $3,400 | $3,400 | $3,400 |
Laguna Lake 4 Bedroom Apartments | $1,720 | $1,720 | $1,720 |
Browse Apartments in this Neighborhood
There are currently 17 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
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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 1 Bed unit found at Avila Senior Living at Downtown SLO priced from $1,975. Wineman has the second lowest priced unit, which is a Studio apartment currently listed from $2,000. Here are the most affordable Laguna Lake apartments for rent in San Luis Obispo, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Avila Senior Living at Downtown SLO | Avila Studio | 1BR,1BA | $1,975 |
Wineman | Pent House | Studio,2BA | $2,000 |
Harvest Lofts | Studio | Studio,1BA | $2,255 |
Artisan Apartments | Studio | Studio,1BA | $2,620 |
Best Value Apartments for Rent in Laguna Lake, CA
As of June 28, 2025 the best value apartment in the Laguna Lake area is the $2.73 price per square foot 1271 Murray Ave Model at 1271 Murray Ave, Unit #D in the in the Valle Vista neighborhood starting from $3,000. The second greatest value Laguna Lake apartment is the Pent House Model at Wineman starting at $2,000 with a $2.93 price per square foot in the Valle Vista 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. |
---|---|---|---|
1271 Murray Ave, Unit #D | 1271 Murray Ave | 2BR,1.5BA | $2.73 |
Wineman | Pent House | Studio ,2BA | $2.93 |
Artisan Apartments | Studio | Studio ,1BA | $6.06 |
Harvest Lofts | Plan A | 1BR,1BA | $5.86 |
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Pet Friendly LifestyleLaguna Lake, San Luis Obispo, CA
Ranked #3
Among neighborhoods in San Luis Obispo, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Laguna Lake Apartments
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 Senior Living at 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 $3,995 at Avila Senior Living at Downtown SLO.
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.