Cheap Apartments for Rent in South Lake Tahoe, CA from $900 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in South Lake Tahoe.

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1031 Moss Rd
Studio to 2 Bedroom Apartments

1031 Moss Rd

1031 Moss RdSouth Lake Tahoe, CA 96150
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Heavenly Lakes
1 to 2 Bedroom Apartments

Heavenly Lakes

3640-3646 Pioneer TrailSouth Lake Tahoe, CA 96150
  • Utilities Included
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776 Tallac Apartments
Studio to 2 Bedroom Apartments

776 Tallac Apartments

772-776 Tallac AveSouth Lake Tahoe, CA 96150
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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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969 Brockway
Studio to 2 Bedroom Apartments

969 Brockway

969 Brockway AveSouth Lake Tahoe, CA 96150
  • Utilities Included
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Tahoe Village Apartments
Studio to 1 Bedroom Apartments

Tahoe Village Apartments

3999 Cedar AveSouth Lake Tahoe, CA 96150
  • Utilities Included

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.

South Lake Tahoe, CA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in South Lake Tahoe, CA

Pricing Updated: 01/27/2026

Current apartment rentals in the South Lake Tahoe, CA area range in price from $1,150 to $3,600 with an overall median price of $2,705. The three South Lake Tahoe neighborhoods with the lowest median rent pricing are American Legion at $1,800, Lakeside Park at $1,150, and Bijou Park Acres at $1,375. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for South Lake Tahoe Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
American Legion$1,900$1,8002
Lakeside Park$2,095$1,15011
Bijou Park Acres$2,200$1,3754
Heather Lake Road$2,200$1,3757
Pioneer Village$2,200$1,3758
Heavenly View$2,950$1,3758
Tahoe Sierra$3,600$1,37511
Tahoe Valley Apartments$3,600$1,8986
Tahoe Valley Center$3,600$1,8985

Cheapest Available South Lake Tahoe Apartments for Rent

 

The cheapest available apartment rental in South Lake Tahoe, CA is a 2 Beds unit found at Aspen Grove Tahoe in the Lakeside Park neighborhood priced from $1,800. Affordable Living at Aspen Grove Apartments in the Lakeside Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,850. Here is today’s list of the most affordable South Lake Tahoe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aspen Grove Tahoe2BR/1.0BA2BR,1BA$1,800
Affordable Living at Aspen Grove Apartments2BR/1.0BA2BR,1BA$1,850
Sierra VistaNorthStar2BR,1BA$1,898

Best Value Apartments for Rent in South Lake Tahoe, CA

As of January 27, 2026 the best value apartment in the South Lake Tahoe area is the $1.82 price per square foot 2BR/1.0BA Model at Aspen Grove Tahoe in the in the Lakeside Park neighborhood starting from $1,800. The second greatest value South Lake Tahoe apartment is the 1223 Bonanza Ave Model at 1223 Bonanza Ave, Unit 12 starting at $1,995 with a $2.22 price per square foot in the Tahoe Sierra neighborhood. Here is today’s list of the best values for South Lake Tahoe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aspen Grove Tahoe2BR/1.0BA2BR,1BA$1.82
1223 Bonanza Ave, Unit 121223 Bonanza Ave2BR,1BA$2.22
3314 Treehaven Dr, Unit 23314 Treehaven Dr1BR,1BA$2.35
Sierra VistaAlpine1BR,1BA$3.14

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.

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Cash 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.

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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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South Lake Tahoe Overview

South Lake Tahoe, California is a beautiful area with plenty of apartments spread throughout the city. There are activities throughout the year if you love outdoor recreation, and plenty of opportunities for dining and shopping within a short distance. It is an area that is more affordable than most parts of California, and offers beautiful scenery. The weather is comfortable during the summer, and perfect for those that love snow during the winter. It is close enough to area cities, that you can work in a place like Reno, but come home to the quiet of South Lake Tahoe each night.

Why live in South Lake Tahoe, CA?

Living in apartments in South Lake Tahoe is an excellent option for those that love the natural beauty of the area. It is a unique setting, right on the edge of an Alpine lake. It's not far from the action of Reno and casinos, while offering residents plenty of outdoor activity options. For those that love to ski in the winter and swim, fish or boat in the summer, this area is popular throughout the year. The area is described as quiet, beautiful and serene, making this city a good option for those that love nature. 

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap South Lake Tahoe Apartments

How much is rent for a Cheap One Bedroom South Lake Tahoe Apartment?

The lowest price for a Cheap One Bedroom South Lake Tahoe Apartment is $1,964 at Sierra Vista.

What is the lowest price for a Cheap Two Bedroom South Lake Tahoe Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Lake Tahoe is starting from $1,800 at Aspen Grove Tahoe.

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

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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.

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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.

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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.

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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.