Cheap Apartments for Rent in South Lake Tahoe, CA from $1,150 (48 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 648 Roger Ave
$1,950

Total Monthly Price

Base Rent$1,950

Total Monthly Price$1,950
2 Bedroom, 1.5 Bath Townhome for Rent
Available Sep 19
Affordability

648 Roger Ave

South Lake TahoeCA96150
close
View Me
3391 S Upper Truckee Rd
$1,950

Total Monthly Price

Base Rent$1,950

Total Monthly Price$1,950
2 Bedroom Apartment Available Now

3391 S Upper Truckee Rd

3391 S Upper Truckee RdSouth Lake Tahoe, CA 96150
Affordability
  • Smoke Free
property at 769 Modesto Ave
$2,000
1 Bedroom Rentals
Available Now
Affordability

769 Modesto Ave

South Lake TahoeCA96150

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

close
View Me
Heavenly Lakes
1 to 2 Bedroom Apartments

Heavenly Lakes

3640-3646 Pioneer TrailSouth Lake Tahoe, CA 96150
  • Utilities Included
close
View Me
1031 Moss Rd
Studio to 2 Bedroom Apartments

1031 Moss Rd

1031 Moss RdSouth Lake Tahoe, CA 96150
close
View Me
776 Tallac Apartments
Studio to 2 Bedroom Apartments

776 Tallac Apartments

772-776 Tallac AveSouth Lake Tahoe, CA 96150
  • Utilities Included
close
View Me
969 Brockway
Studio to 2 Bedroom Apartments

969 Brockway

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

Tahoe Village Apartments

3999 Cedar AveSouth Lake Tahoe, CA 96150
  • Utilities Included
close
View Me
1040 Marjorie St
1 to 4 Bedroom Apartments

1040 Marjorie St

1040 Marjorie StSouth Lake Tahoe, CA 96150

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

close
View Me
Ski Run & Spruce
Studio to 3 Bedroom Apartments

Ski Run & Spruce

3671 Spruce AveSouth Lake Tahoe, CA 96150
close
View Me
2581 Elwood Ave
1 Bedroom Apartments

2581 Elwood Ave

2581 Elwood AveSouth Lake Tahoe, CA 96150
close
View Me
PMJ Apartments
1 Bedroom Apartments

PMJ Apartments

2013 12th StSouth Lake Tahoe, CA 96150
  • Utilities Included
close
View Me
Ski Run Apartments
Studio to 3 Bedroom Apartments

Ski Run Apartments

1224 Ski Run BlvdSouth Lake Tahoe, CA 96150
  • Utilities Included
close
View Me
Thompson Apartments
Studio to 2 Bedroom Apartments

Thompson Apartments

1088 4th StSouth Lake Tahoe, CA 96150
  • Utilities Included

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.

close
View Me
3678 Larch Avenue
2 to 3 Bedroom Apartments

3678 Larch Avenue

3678 Larch AveSouth Lake Tahoe, CA 96150
property at 166 Ponderosa Dr
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
Studio, 1 Bath Home for Rent
Available Now

166 Ponderosa Dr

StatelineNV89449
property at 132 Kahle Dr
$1,950 - $3,300

Total Monthly Price

Base Rent$1,950

Total Monthly Price$1,950
Studio To 3 Bedroom Rentals
Available Now

132 Kahle Dr

StatelineNV89449
  • Smoke Free
close
View Me
North Lodge
Studio to 1 Bedroom Apartments

North Lodge

137 Kahle DrStateline, NV 89449
  • Utilities Included

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.

property at 1261 Crestmore Dr
$1,960

Total Monthly Price

Base Rent$1,960

Total Monthly Price$1,960
2 Bedroom, 1 Bath Home for Rent
Available Now

1261 Crestmore Dr

GardnervilleNV89410
close
View Me
84 McFaul Way
1 to 3 Bedroom Apartments

84 McFaul Way

84 McFaul WayZephyr Cove, NV 89448

South Lake Tahoe, CA Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in South Lake Tahoe, CA

Pricing Updated: 09/11/2026

Current apartment rentals in the South Lake Tahoe, CA area range in price from $1,500 to $5,000 with an overall median price of $2,881. The three South Lake Tahoe neighborhoods with the lowest median rent pricing are Tahoe Valley Apartments at $2,450, Tahoe Valley Center at $2,450, and Lakeside Park at $2,750. 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
Tahoe Valley Apartments$2,450$1,5001
Tahoe Valley Center$2,450$1,6001
Lakeside Park$2,750$2,5001
American Legion$2,825$1,8009
Heather Lake Road$2,825$1,80011
Bijou Park Acres$2,850$1,80011
Heavenly View$2,900$1,80013
Tahoe Sierra$2,900$1,50018
Pioneer Village$3,000$1,80016

Cheapest Available South Lake Tahoe Apartments for Rent

 

The cheapest available apartment rental in South Lake Tahoe, CA is a 1 Bed unit found at 3728 Primrose Rd in the Pioneer Village neighborhood priced from $1,495. 2581 Elwood Ave in the Pioneer Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,575. Here is today’s list of the most affordable South Lake Tahoe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
3728 Primrose RdOne Bedroom1BR,1BA$1,495
2581 Elwood Ave1BR/1.0BA1BR,1BA$1,575
Sierra VistaAlpine1BR,1BA$1,789
Aspen Grove Apartments2BR/1.0BA2BR,1BA$1,848

Best Value Apartments for Rent in South Lake Tahoe, CA

As of September 11, 2026 the best value apartment in the South Lake Tahoe area is the $1.95 price per square foot 3391 S Upper Truckee Rd Model at 3391 S Upper Truckee Rd in the in the El Dorado County neighborhood starting from $1,950. The second greatest value South Lake Tahoe apartment is the Alpine Model at Sierra Vista starting at $1,789 with a $2.86 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.
3391 S Upper Truckee Rd3391 S Upper Truckee Rd2BR,1BA$1.95
Sierra VistaAlpine1BR,1BA$2.86
2581 Elwood Ave1BR/1.0BA1BR,1BA$2.63

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.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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!

Explore South Lake Tahoe, CA Rentals by Map

View Map
South Lake Tahoe, CA Apartments Map
View Map
South Lake Tahoe, CA Rental Homes Map

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 $1,495 at 3728 Primrose Rd.

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 $1,695 at 3728 Primrose Rd.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.