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from $1,691Studio to 2 Bedroom Apartments Available Now
Eight 80 Newport Beach
880 Irvine AveNewport Beach, CA 92663
Cheap Apartments for Rent in the Balboa Peninsula Neighborhood of Newport Beach, CA from $1,300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Balboa Peninsula area of Newport Beach.
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from $2,100Studio to 3 Bedroom Apartments Available Now
Park Newport
1 Park NewportNewport Beach, CA 92660
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $2,275Studio to 1 Bedroom Apartments Available Now
Beach House Apartments
1433 Superior AveNewport Beach, CA 92663
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from $2,4951 to 2 Bedroom Apartments Available Now
Newport Villa Apartments
1549 Placentia AveNewport Beach, CA 92663
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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from $2,170Studio to 3 Bedroom Apartments Available Now
AVA Newport
1765-1765 Santa Ana AveCosta Mesa, CA 92627
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Balboa Peninsula, Newport Beach, CA Local Guide
How much does it cost to rent an apartment in Balboa Peninsula?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balboa Peninsula Studio Apartments | $2,086 | $1,691 | $2,550 |
| Balboa Peninsula 1 Bedroom Apartments | $3,134 | $2,004 | $7,335 |
| Balboa Peninsula 2 Bedroom Apartments | $4,002 | $2,705 | $8,955 |
| Balboa Peninsula 3 Bedroom Apartments | $9,579 | $3,645 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Balboa Peninsula Neighborhood of Newport Beach, CA.
See all Apartments in Newport BeachExplore Newport Beach
Balboa Peninsula, Newport Beach, CA Local Guide
- Nearby Newport Beach neighborhoods
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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 $1,728. Park Newport has the second lowest priced unit, which is a Studio apartment currently listed from $2,100. Here are the most affordable Balboa Peninsula apartments for rent in Newport Beach, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eight 80 Newport Beach | Balboa (E1A-N) | Studio,1BA | $1,728 |
| Park Newport | Wedge | Studio,1BA | $2,100 |
| AVA Newport | S1 | Studio,1BA | $2,170 |
Best Value Apartments for Rent in Balboa Peninsula, CA
As of May 11, 2025 the best value apartment in the Balboa Peninsula area is the $3.90 price per square foot Plan 2 Model at Colony at Fashion Island in the in the Spyglass Hill neighborhood starting from $4,240. The second greatest value Balboa Peninsula apartment is the Plan 4 Model at Promontory Point Apartment Homes starting at $3,935 with a $4.79 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colony at Fashion Island | Plan 2 | 1BR,1BA | $3.90 |
| Promontory Point Apartment Homes | Plan 4 | 1BR,1BA | $4.79 |
| Newport Villa Apartments | 1 Bedroom | 1BR,1BA | $3.04 |
| Park Newport | Newport 1 Renovated | 1BR,1BA | $5.03 |
| Beach House Apartments | One Bedroom | 1BR,1BA | $3.85 |
| Eight 80 Newport Beach | Dune I (E1B-S) | Studio ,1BA | $4.62 |
| AVA Newport | S1 | Studio ,1BA | $6.78 |
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Pet Friendly LifestyleBalboa Peninsula, Newport Beach, CA
Ranked #42
Among neighborhoods in Newport Beach, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $1,728.
How much is rent for a Cheap One Bedroom Balboa Peninsula Apartment?
The lowest price for a Cheap One Bedroom Balboa Peninsula Apartment is $2,112 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 $2,795 at Newport Villa Apartments.
What is the most affordable Balboa Peninsula Three Bedroom Apartment?
The best deal on a cheap Balboa Peninsula Three Bedroom Apartment rental is at AVA Newport and starts from $4,450.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.