3121 Coast Hwy
Newport BeachCA92663
Cheap Homes for Rent in Balboa Island Neighborhood of Newport Beach, CA from $3,400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Balboa Island area of Newport Beach.
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Balboa Island, Newport Beach, CA Local Guide
How much does it cost to rent a home in Balboa Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balboa Island 2 Bedroom Homes for Rent | $7,183 | $3,450 | $10,000+ |
| Balboa Island 3 Bedroom Homes for Rent | $13,231 | $5,000 | $10,000+ |
| Balboa Island 4 Bedroom Homes for Rent | $19,275 | $6,195 | $10,000+ |
| Balboa Island 5 Bedroom Homes for Rent | $19,950 | $9,900 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Balboa Island Neighborhood of Newport Beach, CA.
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Balboa Island, Newport Beach, CA Local Guide
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Best Value Apartments for Rent in Balboa Island, CA
As of April 08, 2025 the best value apartment in the Balboa Island area is the $3.09 price per square foot 2 Bed 2 Bath Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $4,629. The second greatest value Balboa Island apartment is the 2 Bed 1 3/4 Bath Model at 1606 Westcliff Dr. starting at $3,845 with a $3.70 price per square foot in the Upper Newport Bay neighborhood. Here is today’s list of the best values for Balboa Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fairway at Big Canyon | 2 Bed 2 Bath | 2BR,2BA | $3.09 |
| 1606 Westcliff Dr. | 2 Bed 1 3/4 Bath | 2BR,1.75BA | $3.70 |
| Colony at Fashion Island | Plan 1 | 1BR,1BA | $4.03 |
| The Collective | 2BR/1BA with balcony JR | 2BR,1BA | $3.67 |
| Newport Palms Apartments | 2x2 C | 2BR,2BA | $3.13 |
| Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.17 |
| 474 Cabrillo St, Unit B | 474 Cabrillo St | 1BR,1BA | $3.63 |
| Newport North Apartment Homes | Plan 2 | 1BR,1BA | $4.06 |
| Park Newport | Wedge | Studio ,1BA | $4.47 |
| Beach House Apartments | Studio | Studio ,1BA | $4.35 |
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Frequently Asked Questions about Balboa Island
What type of rentals are currently available in Balboa Island?
There are currently 307 Apartments for Rent in Balboa Island, CA with pricing that ranges from $1,809 to $50,000. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Island ranging from $3,400 to $45,000.
What is the current price range for Rental Homes in Balboa Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Balboa Island ranges from $3,400 to $45,000 with an average monthly rent of $11,131.
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.
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.
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.
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.
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.