Cheap Apartments for Rent in Lake Balboa, CA from $500 (115 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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
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5216 Kester Ave
1 to 2 Bedroom Apartments

5216 Kester Ave

5216 Kester AveSherman Oaks, CA 91411

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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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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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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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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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Showing Results 1-50, Page 1 of 3

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. Tarzana Courtyard in the Country Club Estates at Moorpark neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,311. 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
Tarzana CourtyardMedium StudioStudio,1BA$1,311
8742 Orion0x1Studio,1BA$1,350
Summer Breeze ApartmentsExecutive StudioStudio,1BA$1,395
Diamond PointeStudioStudio,1BA$1,450
Green Court ApartmentsSingleStudio,1BA$1,495
Southoaks Pointe ApartmentsStudioStudio,1BA$1,500

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

As of May 19, 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 2X2.5 Model at Kester View starting at $3,662 with a $1.93 price per square foot in the Woodley 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
Kester View2X2.52BR,2.5BA$1.93
Yaya Valerio2 Bedroom 2 Bathroom2BR,2BA$1.93
6643 Haskell Avenue3BR/2.0BA3BR,2BA$1.89
6651 Haskell Ave2BR/2.0BA2BR,2BA$1.75
14149 Vanowen St, Unit 514149 Vanowen St2BR,2BA$2.00
Encino Oakbrook1 Bed1BR,1BA$1.95
9204 Sepulveda Blvd, Unit 99204 Sepulveda Blvd2BR,1BA$1.95
8530 Cedros Ave, Unit 3168530 Cedros Ave1BR,1BA$1.96
Sun TerraceLarge Loft1BR,1BA$2.03

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lake Balboa, CA

Ranked #45

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

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See the most popular apartments and homes in Lake Balboa, CA

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,995 at Casa Bella Apartments.

What is the most affordable Lake Balboa Three Bedroom Apartment?

The best deal on a cheap Lake Balboa Three Bedroom Apartment rental is at 6633 Woodley Ave and starts from $2,400.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.