
Cheap Apartments for Rent in the Balboa Peninsula Point Neighborhood of Newport Beach, CA from $1,300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Balboa Peninsula Point area of Newport Beach.


Park Newport

Beach House Apartments

311 E Bay Ave

AVA Newport
Balboa Peninsula Point, Newport Beach, CA Local Guide

How much does it cost to rent an apartment in Balboa Peninsula Point?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Balboa Peninsula Point Studio Apartments | $2,254 | $1,799 | $3,925 |
Balboa Peninsula Point 1 Bedroom Apartments | $3,373 | $2,052 | $8,480 |
Balboa Peninsula Point 2 Bedroom Apartments | $4,324 | $2,659 | $10,000+ |
Balboa Peninsula Point 3 Bedroom Apartments | $8,718 | $4,225 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Balboa Peninsula Point Neighborhood of Newport Beach, CA.
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Balboa Peninsula Point, Newport Beach, CA Local Guide
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Cheapest Available Balboa Peninsula Point Apartments for Rent
 The cheapest available apartment rental in the Balboa Peninsula Point area of Newport Beach, CA is a Studio unit found at Eight 80 Newport Beach priced from $1,799. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,000. Here are the most affordable Balboa Peninsula Point apartments for rent in Newport Beach, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Eight 80 Newport Beach | Dune I (E1B-S) | Studio,1BA | $1,799 |
Park Newport | Wedge | Studio,1BA | $2,000 |
AVA Newport | S1 | Studio,1BA | $2,070 |
Beach House Apartments | Studio | Studio,1BA | $2,175 |
Newport Bluffs Apartment Village | Residencia - Plan 1 | Studio,1BA | $2,595 |
Best Value Apartments for Rent in Balboa Peninsula Point, CA
As of April 12, 2025 the best value apartment in the Balboa Peninsula Point area is the $3.05 price per square foot 2 Bed 2 Bath Model at Fairway at Big Canyon in the in the Spyglass Hill neighborhood starting from $4,579. The second greatest value Balboa Peninsula Point 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 Peninsula Point 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 | $3.05 |
1606 Westcliff Dr. | 2 Bed 1 3/4 Bath | 2BR,1.75BA | $3.70 |
Colony at Fashion Island | Plan 1 | 1BR,1BA | $3.95 |
The Collective | 2BR/1BA with balcony JR | 2BR,1BA | $3.67 |
Baywood Apartment Homes | Plan 1 | 1BR,1BA | $3.17 |
Promontory Point Apartment Homes | Plan 1 | 1BR,1BA | $4.70 |
Park Newport | Balboa 2 | 1BR,1BA | $3.90 |
Newport Bluffs Apartment Village | Residencia - Plan 1 | Studio ,1BA | $4.73 |
Beach House Apartments | Studio | Studio ,1BA | $4.35 |
Eight 80 Newport Beach | Balboa I (E1A-S) | Studio ,1BA | $4.74 |
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Pet Friendly LifestyleBalboa Peninsula Point, Newport Beach, CA
Ranked #41
Among neighborhoods in Newport Beach, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Balboa Peninsula Point, Newport Beach, CA
Harbor View Elementary
Newport Harbor High
Horace Ensign Intermediate
School data provided by Great Schools
Getting Around the Balboa Peninsula Point Neighborhood in Newport Beach, CA
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
70 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
32 / 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 Balboa Peninsula Point Apartments
What is the Cheapest Studio apartment in Balboa Peninsula Point?
Currently the most affordable Cheap Studio Apartment in Balboa Peninsula Point is at Eight 80 Newport Beach listed at $1,799.
How much is rent for a Cheap One Bedroom Balboa Peninsula Point Apartment?
The lowest price for a Cheap One Bedroom Balboa Peninsula Point Apartment is $2,052 at Eight 80 Newport Beach.
What is the lowest price for a Cheap Two Bedroom Balboa Peninsula Point Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Balboa Peninsula Point is starting from $2,535 at Eight 80 Newport Beach.
What is the most affordable Balboa Peninsula Point Three Bedroom Apartment?
The best deal on a cheap Balboa Peninsula Point Three Bedroom Apartment rental is at Baywood Apartment Homes and starts from $4,225.
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.