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$1,6001 Bedroom Apartments Available Aug 1
377 Sage St, Unit Room 1
377 Sage StSan Luis Obispo, CA 93401
Cheap Homes for Rent in Laguna Lake Neighborhood of San Luis Obispo, CA from $1,600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Laguna Lake area of San Luis Obispo.
377 Sage St
San Luis ObispoCA93401
59 Chorro St, Unit Main
59 Chorro St
San Luis ObispoCA93405
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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
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.
1886 San Luis Rnch Rd
San Luis ObispoCA93405
1176 Seaward St
San Luis ObispoCA93405
815 Madonna Rd
San Luis ObispoCA93405
750 Chorro 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.
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Laguna Lake, San Luis Obispo, CA Local Guide
How much does it cost to rent a home in Laguna Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Laguna Lake 2 Bedroom Homes for Rent | $3,320 | $2,750 | $4,200 |
| Laguna Lake 3 Bedroom Homes for Rent | $4,090 | $1,700 | $5,800 |
| Laguna Lake 4 Bedroom Homes for Rent | $4,075 | $3,950 | $4,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Laguna Lake Neighborhood of San Luis Obispo, CA.
Explore 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 $1,500. Irish Hills Hamlet 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 |
|---|---|---|---|
| Avila Apartments in Downtown SLO | Avila Studio | Studio,1BA | $1,500 |
| Irish Hills Hamlet | 1BR/1.0BA | 1BR,1BA | $2,200 |
| De Tolosa Ranch | 2BR/2.5BA | 2BR,2BA | $3,445 |
Best Value Apartments for Rent in Laguna Lake, CA
As of June 11, 2026 the best value apartment in the Laguna Lake area is the $2.65 price per square foot 2BR/2.5BA Model at De Tolosa Ranch in the in the Laguna Lake neighborhood starting from $3,445. The second greatest value Laguna Lake apartment is the 680 Morro St Model at 680 Morro St starting at $3,500 with a $2.92 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. |
|---|---|---|---|
| De Tolosa Ranch | 2BR/2.5BA | 2BR,2.5BA | $2.65 |
| 680 Morro St | 680 Morro St | 2BR,1.5BA | $2.92 |
| Irish Hills Hamlet | 1BR/1.0BA | 1BR,1BA | $2.93 |
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.
Read ArticleQuick Rent Budget Calculator
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
4.0Pet Friendly
Frequently Asked Questions about Laguna Lake
What type of rentals are currently available in Laguna Lake?
There are currently 87 Apartments for Rent in Laguna Lake, CA with pricing that ranges from $989 to $5,700. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Laguna Lake ranging from $1,600 to $5,800.
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 $1,600 to $5,800 with an average monthly rent of $3,271.
How much are larger Three and Four Bedroom Rentals in Laguna Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Laguna Lake range from $3,200 to $4,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $5,800. Four Bedroom Single-Family rentals are also available starting from $3,950 and Four Bedroom Apartments start at $1,680.
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 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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.