Cheap Apartments for Rent in the Balboa Peninsula Neighborhood of Newport Beach, CA from $1,300 (9 Rentals)

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

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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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Bayshore Apartments
1 to 2 Bedroom Apartments

Bayshore Apartments

2888 Bayshore DrNewport Beach, CA 92663
  • Utilities Included

Balboa Peninsula, Newport Beach, CA Local Guide

Cheapest Available Balboa Peninsula Apartments for Rent

 

The cheapest available apartment rental in the Balboa Peninsula area of Newport Beach, CA is a Studio unit found at Eight 80 Newport Beach priced from $1,804. AVA Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,065. Here are the most affordable Balboa Peninsula apartments for rent in Newport Beach, CA:

Apartment ListingModel NameBed/BathPriced From
Eight 80 Newport BeachDune I (E1B-S)Studio,1BA$1,804
AVA NewportS1Studio,1BA$2,065
Beach House ApartmentsStudioStudio,1BA$2,175

Best Value Apartments for Rent in Balboa Peninsula, CA

As of April 05, 2025 the best value apartment in the Balboa Peninsula area is the $4.81 price per square foot 202 Agate Ave Model at 202 Agate Ave, Unit 202 Agate Balbo Island CA in the in the Balboa Island neighborhood starting from $6,250. The second greatest value Balboa Peninsula apartment is the Plan 1 Model at Colony at Fashion Island starting at $4,065 with a $4.03 price per square foot in the Spyglass Hill neighborhood. Here is today’s list of the best values for Balboa Peninsula apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
202 Agate Ave, Unit 202 Agate Balbo Island CA202 Agate Ave3BR,2BA$4.81
Colony at Fashion IslandPlan 11BR,1BA$4.03
The Collective2BR/1BA with balcony JR2BR,1BA$3.67
Newport Villa Apartments1 Bedroom1BR,1BA$3.04
Promontory Point Apartment HomesPlan 11BR,1BA$4.70
Park NewportWedgeStudio ,1BA$4.47
Beach House ApartmentsStudioStudio ,1BA$4.35
Eight 80 Newport BeachBalboa (E1A-N)Studio ,1BA$4.95
AVA NewportS1Studio ,1BA$6.45

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Pet Friendly Lifestyle
Balboa Peninsula, Newport Beach, CA

Ranked #42

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Balboa Peninsula Apartments

What is the Cheapest Studio apartment in Balboa Peninsula?

Currently the most affordable Cheap Studio Apartment in Balboa Peninsula is at Eight 80 Newport Beach listed at $1,804.

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

The lowest price for a Cheap One Bedroom Balboa Peninsula Apartment is $1,999 at Eight 80 Newport Beach.

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

Today's best deal for a Cheap Two Bedroom Apartment in Balboa Peninsula is starting from $2,613 at Eight 80 Newport Beach.

What is the most affordable Balboa Peninsula Three Bedroom Apartment?

The best deal on a cheap Balboa Peninsula Three Bedroom Apartment rental is at Park Newport and starts from $5,258.

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.