Cheap Homes for Rent in Laguna Lake Neighborhood of San Luis Obispo, CA from $1,500 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the Laguna Lake area of San Luis Obispo.

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Laguna Lake, San Luis Obispo, CA Local Guide

Best Value Apartments for Rent in Laguna Lake, CA

As of November 13, 2025 the best value apartment in the Laguna Lake area is the $2.94 price per square foot 2BR/1.0BA Model at Irish Hills Hamlet Apartments in the in the Laguna Lake neighborhood starting from $2,500. The second greatest value Laguna Lake apartment is the Studio Model at Artisan Apartments starting at $2,498 with a $5.26 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Irish Hills Hamlet Apartments2BR/1.0BA2BR,1BA$2.94
Artisan ApartmentsStudioStudio ,1BA$5.26
Harvest LoftsPlan A1BR,1BA$5.86
Peach StreetSTUDIOStudio ,1BA$4.28
WinemanThird FloorStudio ,1BA$5.84

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Pet Friendly Lifestyle
Laguna Lake, San Luis Obispo, CA

Ranked #3

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Laguna Lake

What type of rentals are currently available in Laguna Lake?

There are currently 78 Apartments for Rent in Laguna Lake, CA with pricing that ranges from $1,250 to $13,000. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Laguna Lake ranging from $1,500 to $7,400.

What is the current price range for Rental Homes in Laguna Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Laguna Lake ranges from $1,500 to $7,400 with an average monthly rent of $3,596.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.