Cheap Apartments for Rent in the Balboa Island Neighborhood of Newport Beach, CA from $1,300 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Balboa Island area of Newport Beach.

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Seaview Plaza
1 Bedroom Apartments

Seaview Plaza

2800 Pacific View DrNewport Beach, CA 92660
Senior Living
  • Utilities Included
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404 E Balboa Blvd
Studio Apartments

404 E Balboa Blvd

404 E Balboa BlvdNewport Beach, CA 92661
  • Utilities Included
  • Smoke Free
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The Moana
1 to 3 Bedroom Apartments

The Moana

711 Lido Park DrNewport Beach, CA 92663
  • Utilities Included
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Bedford Apartments
2 to 3 Bedroom Apartments

Bedford Apartments

1731 Bedford LnNewport Beach, CA 92660
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Rutland Apartments
2 Bedroom Apartments

Rutland Apartments

1170 Rutland RdNewport Beach, CA 92660
  • Utilities Included
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Westview Apartments
2 Bedroom Apartments

Westview Apartments

737-741 Amigos WayNewport Beach, CA 92660
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1601 E 15th St
2 Bedroom Apartments

1601 E 15th St

1601 E 15th StNewport Beach, CA 92663
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1142 Rutland Rd
2 Bedroom Apartments

1142 Rutland Rd

1142 Rutland RdNewport Beach, CA 92660
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Bayshore Apartments
1 to 2 Bedroom Apartments

Bayshore Apartments

2888 Bayshore DrNewport Beach, CA 92663
  • Utilities Included

Balboa Island, Newport Beach, CA Local Guide

Cheapest Available Balboa Island Apartments for Rent

 

The cheapest available apartment rental in the Balboa Island area of Newport Beach, CA is a Studio unit found at Eight 80 Newport Beach priced from $1,728. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,450. Here are the most affordable Balboa Island apartments for rent in Newport Beach, CA:

Apartment ListingModel NameBed/BathPriced From
Eight 80 Newport BeachBalboa I (E1A-S)Studio,1BA$1,728
Park NewportWedgeStudio,1BA$2,450
Newport Bluffs Apartment VillageResidencia - Plan 1Studio,1BA$2,595
Newport North Apartment HomesPlan 21BR,1BA$2,795
Newport Palms Apartments2x2 C2BR,2BA$2,883

Best Value Apartments for Rent in Balboa Island, CA

As of March 25, 2025 the best value apartment in the Balboa Island area is the $2.82 price per square foot Plan 5 Model at Baywood Apartment Homes in the in the Turtle Ridge neighborhood starting from $4,595. The second greatest value Balboa Island apartment is the 2 Bed 2 Bath Model at Fairway at Big Canyon starting at $4,729 with a $3.15 price per square foot in the Spyglass Hill neighborhood. Here is today’s list of the best values for Balboa Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Baywood Apartment HomesPlan 53BR,2.5BA$2.82
Fairway at Big Canyon2 Bed 2 Bath2BR,2BA$3.15
296 16th Pl, Unit B296 16th Pl2BR,1.5BA$2.80
Colony at Fashion IslandPlan 21BR,1BA$3.88
The Collective2BR/1BA with balcony JR2BR,1BA$3.67
Newport Palms Apartments2x2 C2BR,2BA$3.03
Newport North Apartment HomesPlan 21BR,1BA$3.93
Newport Bluffs Apartment VillageResidencia - Plan 1Studio ,1BA$4.73
Park NewportWedgeStudio ,1BA$4.78
Eight 80 Newport BeachDune I (E1B-S)Studio ,1BA$4.52

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Pet Friendly Lifestyle
Balboa Island, Newport Beach, CA

Ranked #39

Among neighborhoods in Newport Beach, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Balboa Island Neighborhood in Newport Beach, CA

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Balboa Island Apartments

What is the Cheapest Studio apartment in Balboa Island?

Currently the most affordable Cheap Studio Apartment in Balboa Island is at Eight 80 Newport Beach listed at $1,728.

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

The lowest price for a Cheap One Bedroom Balboa Island Apartment is $1,970 at Eight 80 Newport Beach.

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

Today's best deal for a Cheap Two Bedroom Apartment in Balboa Island is starting from $2,630 at Eight 80 Newport Beach.

What is the most affordable Balboa Island Three Bedroom Apartment?

The best deal on a cheap Balboa Island Three Bedroom Apartment rental is at Baywood Apartment Homes and starts from $4,595.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.