Cheap Homes for Rent in Lake Balboa, CA from $1,000 (35 Rentals)

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

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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property at 6640 Woodley Ave

6640 Woodley Ave

Los AngelesCA91406
property at 8108 Langdon Ave

8108 Langdon Ave

Los AngelesCA91406
property at 15286 Sutton St

15286 Sutton St

Los AngelesCA91403
property at 5730 Yolanda Ave

5730 Yolanda Ave

Los AngelesCA91356
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Lake Balboa, CA Local Guide

Cheapest Neighborhoods for Apartments in Lake Balboa, CA

Pricing Updated: 03/20/2025

Current apartment rentals in the Lake Balboa, CA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lake Balboa Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

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

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

As of March 21, 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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Frequently Asked Questions about Lake Balboa

What type of rentals are currently available in Lake Balboa?

There are currently 2986 Apartments for Rent in Lake Balboa, CA with pricing that ranges from $900 to $4,584. There are also 313 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Balboa ranging from $1,050 to $79,000.

What is the current price range for Rental Homes in Lake Balboa?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Balboa ranges from $1,050 to $79,000 with an average monthly rent of $16,997.

How much are larger Three and Four Bedroom Rentals in Lake Balboa?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Balboa range from $2,648 to $4,584, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,475 to $20,000. Four Bedroom Single-Family rentals are also available starting from $3,595 and Four Bedroom Apartments start at $3,200.

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.