Dream lucidity, or being aware that one is dreaming while dreaming, is not an all-or-none phenomenon. Often, subjects report being some variant of “a little lucid” as opposed to completely or not at all. As recent neuroimaging work begins to elucidate the neural underpinnings of lucid experience, understanding subtle phenomenological variation within lucid dreams is essential. Here, we focus on the variability of lucid experience by asking participants to report their awareness of the dream on a 5-point Likert scale (from not at all to very much). Participants implemented a combination of mnemonic training lucid dream induction methods at home for one week and provided detailed reports about their dream experiences each morning. Consistent with previous research, cognitive induction methods led to about half of participants reporting at least one lucid dream and about half of all dreams including some level of lucidity. However, we also show that induction success rate varies significantly depending on the minimum criteria for lucidity. Participants also reported how much they adhered to specific components of each induction method, and the amount of mnemonic rehearsal during a brief early awake period was predictive of lucidity level. Furthermore, lucidity levels were positively correlated with dream control, dream bizarreness, and next-morning positive affect. Lastly, we asked participants open-ended questions about why they chose particular levels of lucidity. We focus a qualitative discussion on responses to those “semi-lucid” dreams (rated just a little, moderately, or pretty much lucid) to explore why participants rate their dreams as having intermediate levels of awareness. Together, the present study explores the frequency of semi-lucid dreams, what they are, why they might arise, their correlates, and how they impact methodological concerns in lucid dreaming research.