Cheap Homes for Rent in Balboa Park Neighborhood of San Diego, CA from $1,100 (75 Rentals)

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Search the lowest-cost Homes available for rent right now in the Balboa Park area of San Diego.

property at 3003 1st Ave

3003 1st Ave, Unit 7

3003 1st Ave
San DiegoCA92103
property at 3742 6th Ave

3742 6th Ave

San DiegoCA92103

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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property at 1646 Brookes Ave

1646 Brookes Ave

San DiegoCA92103

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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property at 1150 J St

1150 J St

San DiegoCA92101

Balboa Park - One of the Best Affordable Neighborhoods in San Diego

Named as one of the Best Affordable Neighborhoods to rent in San Diego by our , Local Expert Hayden Goldberg. See how it ranks!

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property at 1435 India St

1435 India St

San DiegoCA92101

San Diego's Best Affordable Neighborhoods

Learn about San Diego and the best places to live with original content written by our , Local Expert Hayden Goldberg

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property at 3602 Louisiana St

3602 Louisiana St

San DiegoCA92104
property at 4287 Fifth Ave

4287 Fifth Ave

San DiegoCA92103

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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Showing Results 1-50, Page 1 of 2

Balboa Park, San Diego, CA Local Guide

Cheapest Available Balboa Park Apartments for Rent

 

The cheapest available apartment rental in the Balboa Park area of San Diego, CA is a Studio unit found at 3942 8th Ave priced from $1,050. Peachtree Inn has the second lowest priced unit, which is a Studio apartment currently listed from $1,062. Here are the most affordable Balboa Park apartments for rent in San Diego, CA:

Apartment ListingModel NameBed/BathPriced From
3942 8th AveStudioStudio,$1,050
Peachtree InnStandardStudio,1BA$1,062
Vantaggio Little ItalySmall full size bedStudio,1BA$1,450
Golden Glen ApartmentsStudioStudio,1BA$1,495
WLA Windsor0BR/1.0BAStudio,1BA$1,500
WLA 509 Park0BR/1.0BAStudio,1BA$1,550
Luther Tower - 55+ Affordable CommunityStudioStudio,1BA$1,551
Union GrantvilleB102BR,2BA$1,595
Windsor ApartmentsStudioStudio,1BA$1,595
The Marquis at HillcrestThe UniversityStudio,1BA$1,600

Best Value Apartments for Rent in Balboa Park, CA

As of May 14, 2025 the best value apartment in the Balboa Park area is the $2.27 price per square foot Huge Loft Units Model at Lofts at 734 University Ave in the in the Balboa Park neighborhood starting from $3,000. The second greatest value Balboa Park apartment is the 2/2 Loft Model at Greystone Lofts starting at $2,750 with a $2.62 price per square foot in the Balboa Park neighborhood. Here is today’s list of the best values for Balboa Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts at 734 University AveHuge Loft Units1BR,1BA$2.27
Greystone Lofts2/2 Loft1BR,2BA$2.62
Talmadge Canyon ParkPlan 12BR,2BA$2.55
Cornerstone Lofts1BR/1.0BA1BR,1BA$2.48
1840 30th St, Unit 18401840 30th St1BR,1BA$2.68
Viridian LoftsOne Bedroom One Bath1BR,1BA$2.27
Pacific Vu ApartmentsOne Bedroom1BR,1BA$2.26
4052 Oregon2BR/1.0BA2BR,1BA$2.59
1231 Robinson Avenue1BR/1.0BA1BR,1BA$2.69
Hillside ApartmentsStandard1BR,1BA$2.40

Quick Rent Budget Calculator

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Frequently Asked Questions about Balboa Park

What type of rentals are currently available in Balboa Park?

There are currently 5246 Apartments for Rent in Balboa Park, CA with pricing that ranges from $850 to $27,295. There are also 412 Single Family Homes for rent, Condos, and Townhome rentals currently available in Balboa Park ranging from $1,100 to $27,000.

What is the current price range for Rental Homes in Balboa Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Balboa Park ranges from $1,100 to $27,000 with an average monthly rent of $7,337.

How much are larger Three and Four Bedroom Rentals in Balboa Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Balboa Park range from $3,200 to $27,295, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,695 to $18,110. Four Bedroom Single-Family rentals are also available starting from $3,995 and Four Bedroom Apartments start at $850.

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 Top 10 Most Affordable Neighborhoods in San Diego: A Local Real Estate Expert Guide article

Top 10 Most Affordable Neighborhoods in San Diego: A Local Real Estate Expert Guide

Written by: Hayden Goldberg

Aloha! I’m Hayden, your local San Diego Realtor and relocation expert with ApartmentHomeLiving.com.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

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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.