Cheap Homes for Rent in Lake Balboa, CA from $1,200 (93 Rentals)

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

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

property at 15537 Nordhoff St

15537 Nordhoff St

Los AngelesCA91343

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 7947 Reseda Blvd

7947 Reseda Blvd

Los AngelesCA91335
property at 14719 Hartsook St

14719 Hartsook St

Sherman OaksCA91403

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 8108 Langdon Ave

8108 Langdon Ave

Los AngelesCA91406
property at 15286 Sutton St

15286 Sutton St

Los AngelesCA91403
property at 8614 Woodley Ave

8614 Woodley Ave

Los AngelesCA91343

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 6825 Haskell Ave

6825 Haskell Ave

Los AngelesCA91406

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 The Rose Apartments in the North San Fernando Valley neighborhood priced from $1,175. Haskell Apartments in the Woodley 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
The Rose ApartmentsCSUN Student Studio Apartment with Shared BathroomStudio,1BA$1,175
Haskell ApartmentsStudioStudio,1BA$1,200
8742 Orion0x1Studio,1BA$1,350
Tarzana CourtyardMedium StudioStudio,1BA$1,371
Valley Oasis ApartmentsExecutive StudioStudio,1BA$1,395
Diamond PointeStudioStudio,1BA$1,450
Southoaks Pointe ApartmentsStudioStudio,1BA$1,475
Reseda ApartmentsStudioStudio,1BA$1,483
Sepulveda Manhattan ApartmentsStudioStudio,1BA$1,495

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

As of September 20, 2025 the best value apartment in the Lake Balboa area is the $1.55 price per square foot 2 bed 2 bath Model at 15121 Rayen St in the in the Stonebridge Place in Sylmar neighborhood starting from $2,895. The second greatest value Lake Balboa apartment is the 1x2 Model at 14459 Benefit St starting at $2,900 with a $1.93 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.
15121 Rayen St2 bed 2 bath2BR,2BA$1.55
14459 Benefit St1x21BR,2BA$1.93
Jacaranda Apartments2 + 22BR,2BA$1.71
5235 Kester Ave2BR/2.0BA2BR,2BA$1.80
La Croix Apartments2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.69
6310 Sylmar Ave2BR/2.0BA2BR,2BA$1.63
4378 Sepulveda Blvd2BR/2.0BA2BR,2BA$1.96
The Benezra Family Limited Partnership 2 LP1Bd, 1BA - 1025 sqft (Top Fl)1BR,1BA$1.90
14149 Vanowen St, Unit 514149 Vanowen St1BR,1BA$1.99
Cedros ApartmentsExecutive 1 Bedroom1BR,1BA$1.93

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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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Frequently Asked Questions about Lake Balboa

What type of rentals are currently available in Lake Balboa?

There are currently 2956 Apartments for Rent in Lake Balboa, CA with pricing that ranges from $850 to $6,400. There are also 475 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Balboa ranging from $1,200 to $69,995.

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 $1,200 to $69,995 with an average monthly rent of $15,904.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.