
Cheap Homes for Rent in Lake Merced Neighborhood of Daly City, CA from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Merced area of Daly City.


187 Ralston St

116 Broad St

125 Hillside Blvd

825 Geneva Ave

707 Plymouth Ave

363 Wellington Ave

263 Vernon St

124 Ellington Ave
San Francisco's Best Affordable Neighborhoods
Learn about San Francisco and the best places to live with original content written by our San Francisco, CA Local Expert Shannon Hilson
Lake Merced, Daly City, CA Local Guide

How much does it cost to rent a home in Lake Merced?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Merced 2 Bedroom Homes for Rent | $3,454 | $2,000 | $4,150 |
Lake Merced 3 Bedroom Homes for Rent | $3,938 | $1,050 | $5,200 |
Lake Merced 4 Bedroom Homes for Rent | $5,800 | $5,600 | $6,200 |
Lake Merced 5 Bedroom Homes for Rent | $6,000 | $5,500 | $6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Lake Merced Neighborhood of Daly City, CA.
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Lake Merced, Daly City, CA Local Guide
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Cheapest Available Lake Merced Apartments for Rent
 The cheapest available apartment rental in the Lake Merced area of San Francisco, CA is a Studio unit found at Peninsula Pines Apartments priced from $1,895. Westlake Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,980. Here are the most affordable Lake Merced apartments for rent in San Francisco, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Peninsula Pines Apartments | The Beach Pine | Studio,1BA | $1,895 |
Westlake Apartments | S2-C | Studio,1BA | $1,980 |
Lakewood Apartments At Lake Merced | Studio X | Studio,1BA | $2,199 |
Best Value Apartments for Rent in Lake Merced, CA
As of March 28, 2025 the best value apartment in the Lake Merced area is the $3.09 price per square foot 185 Broad St Model at 185 Broad St, Unit OceanView Treasure in the in the Lake Shore neighborhood starting from $4,950. The second greatest value Lake Merced apartment is the 3 Bed 2.5 Bath Townhome Model at Parkmerced starting at $5,736 with a $4.09 price per square foot in the Sunnyside neighborhood. Here is today’s list of the best values for Lake Merced apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
185 Broad St, Unit OceanView Treasure | 185 Broad St | 4BR,2BA | $3.09 |
Parkmerced | 3 Bed 2.5 Bath Townhome | 3BR,2.5BA | $4.09 |
Nine88 Apartments | Gateway | 2BR,2BA | $4.48 |
South City Station | 1 Bedroom C | 1BR,1BA | $3.72 |
Avalon Ocean Avenue | A4 | 1BR,1BA | $3.96 |
Serramonte Ridge | 1X1 LG | 1BR,1BA | $3.75 |
Amberwood Apartments | 1 Bed, 1 bath | 1BR,1BA | $3.74 |
Lakewood Apartments At Lake Merced | 1Bed 1 Bath #1 | 1BR,1BA | $4.63 |
OceanAire Apartment Homes | Rockaway | 1BR,1BA | $5.34 |
Westlake Apartments | S1-E | Studio ,1BA | $4.88 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Lake Merced
What type of rentals are currently available in Lake Merced?
There are currently 563 Apartments for Rent in Lake Merced, CA with pricing that ranges from $900 to $9,200. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Merced ranging from $1,000 to $6,500.
What is the current price range for Rental Homes in Lake Merced?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Merced ranges from $1,000 to $6,500 with an average monthly rent of $3,689.
How much are larger Three and Four Bedroom Rentals in Lake Merced?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Merced range from $3,000 to $7,418, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $5,200. Four Bedroom Single-Family rentals are also available starting from $5,600 and Four Bedroom Apartments start at $4,950.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent
Written by: Shannon Hilson
If you’re anything like me, the thought of San Francisco is synonymous with concepts like creativity, character, and quirky local style.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.