Updated 1 Day Ago
Highlights
- Washer/dryer hook-ups
- No smoking
- Spacious living area and kitchen
Location
1040 Blue Lake Ave, South Lake Tahoe, CA 96150, USA
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Property Overview
1040 offers a spacious living area and kitchen, washer/dryer hook-ups, and a no-smoking environment. It also stands out for strong value, with high rankings for value for money and value per square foot, while nearby public transit and a top-rated middle school are both within reasonable distance.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 600 sqft | $1,250 /mo | 1 unit available | 1 bedroom, 1 bath in a clean and quiet complex - convenient location in town, and walking distance to the summer Farmer's Market. 1 designated parking space included. Tenant pays for gas. Electric (with a cap of $125 per month), water/sewer and garbage are included in the rent. 1 year lease. This is not a seasonal/winter rental. Sorry, no pets and no smoking. Contact Lake Valley Properties for more details and viewing information CADRE#02181841 |
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Amenities for 1040
Appliances
| Electric |
Other
| Water, Sewer and Garbage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 8 |
|---|
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About 1040
1 bedroom, 1 bath in a clean and quiet complex - convenient location in town, and walking distance to the summer Farmer's Market. 1 designated parking space included. Tenant pays for gas. Electric (with a cap of $125 per month), water/sewer and garbage are included in the rent. 1 year lease. This is not a seasonal/winter rental. Sorry, no pets and no smoking. Contact Lake Valley Properties for more details and viewing information CADRE#02181841
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.7
/10
Very Good1040 is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 1040 is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 1040 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1040 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1040 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
1040 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1040 compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.4 mile away
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Rent trends in South Lake Tahoe
1-bedroom apartments at 1040 cost about 22% less than the average rent price for 1-bedroom apartments in South Lake Tahoe.
Median rents as of Sep 19 2026.
South Lake Tahoe
| Month | Median Rent |
|---|---|
| October 2024 | $1,284 |
| November 2024 | $1,215 |
| December 2024 | $1,166 |
| January 2025 | $1,088 |
| February 2025 | $1,089 |
| March 2025 | $1,198 |
| April 2025 | $1,223 |
| May 2025 | $1,186 |
| June 2025 | $1,222 |
| July 2025 | $1,260 |
| August 2025 | $1,181 |
| September 2025 | $1,272 |
| October 2025 | $1,241 |
| November 2025 | $1,213 |
| December 2025 | $1,222 |
| January 2026 | $1,189 |
| February 2026 | $1,163 |
| March 2026 | $1,178 |
| April 2026 | $1,200 |
| May 2026 | $1,195 |
| June 2026 | $1,200 |
| July 2026 | $1,090 |
| August 2026 | $1,208 |
| September 2026 | $1,216 |
Affordability calculator
Can I afford to live at 1040 Blue Lake Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$50,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 1-bedroom monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.
Schools near 1040
Elevated Digital Learning Academy
1201 lyons ave
south lake tahoe, CA, 96150
K-12Public
Tahoe Valley Elementary School
943 tahoe island dr
south lake tahoe, CA, 96150
K-5Public
B-
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Internet available near 1040
Getting around South Lake Tahoe near 1040 Blue Lake Ave
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1040 Blue Lake Ave, South Lake Tahoe
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Nightlife
3/10
Few or no bars within walking distance
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