Cheap Apartments for Rent in the Tahoe Sierra Neighborhood of South Lake Tahoe, CA from $950 (36 Rentals)

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

property at 769 Modesto Ave

$2,000

1 Bedroom Rentals

Available Now

769 Modesto Ave

South Lake TahoeCA96150
property at 3101 Berkeley Ave

$2,090

Total Monthly Price

Total Monthly Price

Base Rent
$2,090

Total Monthly Price
$2,090

2 Bedroom, 1 Bath Home for Rent

Available Now

3101 Berkeley Ave

South Lake TahoeCA96150

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 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
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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
  • Utilities Included
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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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1040 Marjorie St
1 to 4 Bedroom Apartments

1040 Marjorie St

1040 Marjorie StSouth Lake Tahoe, CA 96150
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Ski Run & Spruce
Studio to 3 Bedroom Apartments

Ski Run & Spruce

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

2581 Elwood Ave

2581 Elwood AveSouth Lake Tahoe, CA 96150

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.

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PMJ Apartments
1 Bedroom Apartments

PMJ Apartments

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

Ski Run Apartments

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

Thompson Apartments

1088 4th StSouth Lake Tahoe, CA 96150
  • Utilities Included
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3678 Larch Avenue
2 to 3 Bedroom Apartments

3678 Larch Avenue

3678 Larch AveSouth 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.

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.

Tahoe Sierra, South Lake Tahoe, CA Local Guide

Cheapest Available Tahoe Sierra Apartments for Rent

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

Best Value Apartments for Rent in Tahoe Sierra, CA

As of August 24, 2026 the best value apartment in the Tahoe Sierra 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 Tahoe Sierra 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 Tahoe Sierra 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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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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Frequently Asked Questions about Cheap Tahoe Sierra Apartments

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

The lowest price for a Cheap One Bedroom Tahoe Sierra Apartment is $1,495 at Fourth Street Apartments.

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.