
Cheap Apartments for Rent in the Tahoe Sierra Neighborhood of South Lake Tahoe, CA from $950 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Tahoe Sierra area of South Lake Tahoe.


3831 Pentagon Rd

3665 Spruce Ave

2975 Sacramento Ave, Unit 9

Sierra Vista

769 Modesto Ave

3101 Berkeley Ave

1069 Sierra Blvd

921 Macinaw Rd
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.

916 Merced Ave

842 Tahoe Keys Blvd

Heavenly Lakes

776 Tallac Apartments

969 Brockway

1040 Marjorie St

Fourth Street Apartments

Ski Run & Spruce

2581 Elwood Ave
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.

PMJ Apartments

Ski Run Apartments

Views of the Lake Apartments

Thompson Apartments

Pioneer Trail Apartments

2531 - 2535 Elwood Ave, South Lake Tahoe CA

3678 Larch Avenue

497 Tahoe Keys Blvd

3396 Freel St
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.

945 Alameda Ave

3305 Bruce Dr

1200 Wildwood Ave

950 Lakeview Ave

3327 Fir Ave

1168 Herbert Ave

3317 Fir Ave

552 Christie Dr

1083 Aspenwald Rd
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

How much does it cost to rent an apartment in Tahoe Sierra?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tahoe Sierra Studio Apartments | $1,395 | $1,395 | $1,395 |
| Tahoe Sierra 1 Bedroom Apartments | $1,995 | $1,475 | $3,496 |
| Tahoe Sierra 2 Bedroom Apartments | $2,983 | $1,864 | $6,031 |
| Tahoe Sierra 3 Bedroom Apartments | $3,390 | $2,500 | $4,120 |
| Tahoe Sierra 4 Bedroom Apartments | $6,893 | $5,368 | $8,418 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Tahoe Sierra Neighborhood of South Lake Tahoe, CA.
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Tahoe Sierra, South Lake Tahoe, CA Local Guide
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Cheapest Available Tahoe Sierra Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fourth Street Apartments | One Bedroom/One Bath | 1BR,1BA | $1,495 |
| 2581 Elwood Ave | 1BR/1.0BA | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2581 Elwood Ave | 1BR/1.0BA | 1BR,1BA | $2.63 |
| Fourth Street Apartments | One Bedroom/One Bath | 1BR,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.
Read ArticleReal 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.
Best Local Schools in Tahoe Sierra, South Lake Tahoe, CA
Tahoe Valley Elementary
South Tahoe Middle School
School data provided by Great Schools
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

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.

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.

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.

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.