Cheap Homes for Rent in South Lake Tahoe, CA from $1,495 (15 Rentals)

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Search the lowest-cost Homes 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 1261 Crestmore Dr

$1,960

Total Monthly Price

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

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.

property at 842 Tahoe Keys Blvd

$2,700 - $3,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,700 - $3,400

Total Monthly Price
$2,700 - $3,400

1 To 2 Bedroom Homes for Rent

Available Now

842 Tahoe Keys Blvd

South Lake TahoeCA96150

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.

South Lake Tahoe, CA Local Guide

Cheapest Neighborhoods for Apartments in South Lake Tahoe, CA

Pricing Updated: 08/24/2026

Current apartment rentals in the South Lake Tahoe, CA area range in price from $1,150 to $8,418 with an overall median price of $2,021. The three South Lake Tahoe neighborhoods with the lowest median rent pricing are Heather Lake Road at $1,985, Heavenly View at $1,985, and Lakeside Park at $1,985. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for South Lake Tahoe Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Heather Lake Road$1,985$1,4757
Heavenly View$1,985$1,4757
Lakeside Park$1,985$1,1508
Pioneer Village$2,000$1,39511
Tahoe Valley Apartments$2,068$1,3952
Tahoe Valley Center$2,068$1,3952
American Legion$2,100$1,3952
Tahoe Sierra$2,153$1,3955

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 Fourth Street Apartments in the Pioneer Village neighborhood priced from $1,495. 3728 Primrose Rd in the Pioneer Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here is today’s list of the most affordable South Lake Tahoe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fourth Street ApartmentsOne Bedroom/One Bath1BR,1BA$1,495
3728 Primrose RdOne Bedroom1BR,1BA$1,495
2581 Elwood Ave1BR/1.0BA1BR,1BA$1,575

Best Value Apartments for Rent in South Lake Tahoe, CA

As of August 24, 2026 the best value apartment in the South Lake Tahoe area is the $2.63 price per square foot 1BR/1.0BA Model at 2581 Elwood Ave in the in the Pioneer Village neighborhood starting from $1,575. The second greatest value South Lake Tahoe apartment is the One Bedroom/One Bath Model at Fourth Street Apartments starting at $1,495 with a $3.32 price per square foot in the Pioneer Village 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.
2581 Elwood Ave1BR/1.0BA1BR,1BA$2.63
Fourth Street ApartmentsOne Bedroom/One Bath1BR,1BA$3.32

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.

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

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Frequently Asked Questions about South Lake Tahoe

What type of rentals are currently available in South Lake Tahoe?

There are currently 145 Apartments for Rent in South Lake Tahoe, CA with pricing that ranges from $1,150 to $8,418. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Lake Tahoe ranging from $1,495 to $5,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Lake Tahoe ranges from $1,495 to $5,000 with an average monthly rent of $3,150.

How much are larger Three and Four Bedroom Rentals in South Lake Tahoe?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Lake Tahoe range from $2,095 to $4,276, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $4,700. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $5,368.

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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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.

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.