Cheap Apartments for Rent in Lake Balboa, CA from $500 (81 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Balboa.

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Mission Gateway
Studio to 4 Bedroom Apartments

Mission Gateway

8811 Sepulveda BlvdNorth Hills, CA 91343
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Malden Apartments
Studio to 1 Bedroom Apartments

Malden Apartments

18321 Malden StNorthridge, CA 91325
  • Smoke Free

Los Angeles's Best Affordable Neighborhoods

Learn about Los Angeles and the best places to live with original content written by our Los Angeles, CA Local Expert Rachel Presser

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5216 Kester Ave
1 to 2 Bedroom Apartments

5216 Kester Ave

5216 Kester AveSherman Oaks, CA 91411
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White Oak Apartments
Studio to 3 Bedroom Apartments

White Oak Apartments

5139 White Oak AveEncino, CA 91316
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Victoria Apartments
Studio to 3 Bedroom Apartments

Victoria Apartments

7817 Reseda BlvdReseda, CA 91335
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9232 Sepulveda Blvd
Studio to 1 Bedroom Apartments

9232 Sepulveda Blvd

9232 Sepulveda BlvdNorth Hills, CA 91343
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Encino Terrace
Studio to 3 Bedroom Apartments

Encino Terrace

5130 Yarmouth AveEncino, CA 91316
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6857 Haskell Ave
Studio to 3 Bedroom Apartments

6857 Haskell Ave

6857 Haskell AveVan Nuys, CA 91406
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14660 Delano St
1 Bedroom Apartments

14660 Delano St

14660 Delano StVan Nuys, CA 91411
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14603 Delano St
2 Bedroom Apartments

14603 Delano St

14603 Delano StVan Nuys, CA 91411
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Saticoy Manor
1 Bedroom Apartments

Saticoy Manor

18535 Saticoy StReseda, CA 91335
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Chase Apartments
Studio Apartments

Chase Apartments

15526 Chase StNorth Hills, CA 91343
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14632 Magnolia Blvd
1 Bedroom Apartments

14632 Magnolia Blvd

14632 Magnolia BlvdSherman Oaks, CA 91403
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16016 Vanowen St
1 Bedroom Apartments

16016 Vanowen St

16016 Vanowen StVan Nuys, CA 91406
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Crossings on Amigo
Studio to 1 Bedroom Apartments

Crossings on Amigo

7251 Amigo AveReseda, CA 91335
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8080 Langdon Ave
Studio to 2 Bedroom Apartments

8080 Langdon Ave

8080 Langdon AveVan Nuys, CA 91406
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18444 Collins St
1 to 2 Bedroom Apartments

18444 Collins St

18444 Collins StTarzana, CA 91356
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Villa Royale Apartments
1 to 3 Bedroom Apartments

Villa Royale Apartments

18543-18545 Clark StTarzana, CA 91356
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6701 Haskell Ave
1 to 2 Bedroom Apartments

6701 Haskell Ave

6701 Haskell AveVan Nuys, CA 91406
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Collins East Apartments
Studio to 1 Bedroom Apartments

Collins East Apartments

18433 Collins StTarzana, CA 91356
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Sun Pointe
Studio to 2 Bedroom Apartments

Sun Pointe

15234 Sunburst StSan Fernando, CA 91343
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Courtyard Apartments
Studio Apartments

Courtyard Apartments

15025 Saticoy StVan Nuys, CA 91405
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Vose apartments
1 Bedroom Apartments

Vose apartments

15705 Vose StVan Nuys, CA 91406
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The Aventine Apartments
Studio to 2 Bedroom Apartments

The Aventine Apartments

14400 Vose StVan Nuys, CA 91405
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Burbank Gardens
Studio to 1 Bedroom Apartments

Burbank Gardens

18545 Burbank BlvdTarzana, CA 91356
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7139 Hazeltine Ave
Studio Apartments

7139 Hazeltine Ave

7139 Hazeltine AveVan Nuys, CA 91405
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8743 Orion Ave
1 to 2 Bedroom Apartments

8743 Orion Ave

8743 Orion AveNorth Hills, CA 91343
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8719 Orion Ave
1 Bedroom Apartments

8719 Orion Ave

8719 Orion AveNorth Hills, CA 91343
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Tarzana Courtyard
Studio to 1 Bedroom Apartments

Tarzana Courtyard

5930 Reseda BlvdTarzana, CA 91356
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Lake Balboa, CA Local Guide

Cheapest Available Lake Balboa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Balboa, CA is a Studio unit found at Meridian Pointe Apartments in the North San Fernando Valley neighborhood priced from $1,175. 8742 Orion in the North Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here is today’s list of the most affordable Lake Balboa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meridian Pointe ApartmentsCSUN Student Studio Apartment with Shared BathroomStudio,1BA$1,175
8742 Orion0x1Studio,1BA$1,200
Tarzana CourtyardMedium StudioStudio,1BA$1,311
Van Nuys-9216STUDIOStudio,1BA$1,350
Diamond PointeStudioStudio,1BA$1,450
77 FortyfiveExecutive SingleStudio,1BA$1,495
Southoaks Pointe ApartmentsStudioStudio,1BA$1,500

Best Value Apartments for Rent in Lake Balboa, CA and Nearby

As of March 22, 2025 the best value apartment in the Lake Balboa area is the $1.11 price per square foot Large 2 Bedroom 2 Bath Model at 5810 Yolanda Ave in the in the Country Club Estates at Moorpark neighborhood starting from $2,200. The second greatest value Lake Balboa apartment is the 14248 Aetna St Model at 14248 Aetna St, Unit B starting at $1,995 with a $1.25 price per square foot in the Antelope Valley neighborhood. Here is today’s list of the best values for Lake Balboa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5810 Yolanda AveLarge 2 Bedroom 2 Bath2BR,2BA$1.11
14248 Aetna St, Unit B14248 Aetna St1BR,1BA$1.25
15755 Saticoy StThree Bedroom, Two Bath3BR,2BA$1.85
5235 Kester Ave2BR/2.0BA2BR,2BA$1.87
La Croix Apartments2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.84
6651 Haskell Ave2BR/2.0BA2BR,2BA$1.75
6643 Haskell Avenue2BR/2.0BA2BR,2BA$1.75
Gables East2 Bed 2 Bath2BR,2BA$2.00
14332 Riverside Drive,1x11BR,1BA$1.93
8530 Cedros Ave, Unit 3168530 Cedros Ave1BR,1BA$1.96

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Pet Friendly Lifestyle
Lake Balboa, CA

Ranked #49

Among cities in California for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Balboa, CA Rentals by Map

View MapLake Balboa, CA Apartments MapView MapLake Balboa, CA Rental Homes Map

Getting Around Lake Balboa, CA

Walk Score®

66 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

46 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Lake Balboa Apartments

What is the Cheapest Studio apartment in Lake Balboa?

Currently the most affordable Cheap Studio Apartment in Lake Balboa is at Meridian Pointe Apartments listed at $1,175.

How much is rent for a Cheap One Bedroom Lake Balboa Apartment?

The lowest price for a Cheap One Bedroom Lake Balboa Apartment is $1,525 at Sun Terrace.

What is the lowest price for a Cheap Two Bedroom Lake Balboa Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Balboa is starting from $1,750 at 8742 Orion.

What is the most affordable Lake Balboa Three Bedroom Apartment?

The best deal on a cheap Lake Balboa Three Bedroom Apartment rental is at Cabrito Apartments and starts from $2,800.

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.

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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.