3121 Coast Hwy
Newport BeachCA92663
Cheap Homes for Rent in Balboa Peninsula Neighborhood of Newport Beach, CA from $3,400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Balboa Peninsula area of Newport Beach.
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Balboa Peninsula, Newport Beach, CA Local Guide
How much does it cost to rent a home in Balboa Peninsula?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Balboa Peninsula 2 Bedroom Homes for Rent | $5,656 | $3,450 | $10,000+ |
| Balboa Peninsula 3 Bedroom Homes for Rent | $8,100 | $5,000 | $10,000+ |
| Balboa Peninsula 4 Bedroom Homes for Rent | $16,348 | $6,195 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Balboa Peninsula Neighborhood of Newport Beach, CA.
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Balboa Peninsula, Newport Beach, CA Local Guide
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Best Value Apartments for Rent in Balboa Peninsula, CA
As of April 08, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 202 Agate Ave, Unit 202 Agate Balbo Island CA | 202 Agate Ave | 3BR,2BA | $4.81 |
| Colony at Fashion Island | Plan 1 | 1BR,1BA | $4.03 |
| The Collective | 2BR/1BA with balcony JR | 2BR,1BA | $3.67 |
| Newport Villa Apartments | 1 Bedroom | 1BR,1BA | $3.04 |
| Promontory Point Apartment Homes | Plan 1 | 1BR,1BA | $4.70 |
| Park Newport | Wedge | Studio ,1BA | $4.47 |
| Beach House Apartments | Studio | Studio ,1BA | $4.35 |
| Eight 80 Newport Beach | Balboa (E1A-N) | Studio ,1BA | $4.80 |
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Frequently Asked Questions about Balboa Peninsula
What type of rentals are currently available in Balboa Peninsula?
There are currently 134 Apartments for Rent in Balboa Peninsula, CA with pricing that ranges from $1,809 to $50,000. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Peninsula ranging from $3,400 to $32,000.
What is the current price range for Rental Homes in Balboa Peninsula?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Balboa Peninsula ranges from $3,400 to $32,000 with an average monthly rent of $7,450.
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.
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.