
Cheap Apartments for Rent in the Rancho Penasquitos Neighborhood of San Diego, CA from $800 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rancho Penasquitos area of San Diego.

Rancho Penasquitos, San Diego, CA Local Guide

How much does it cost to rent an apartment in Rancho Penasquitos?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Rancho Penasquitos Studio Apartments | $2,656 | $2,590 | $2,743 |
Rancho Penasquitos 1 Bedroom Apartments | $2,965 | $2,183 | $4,132 |
Rancho Penasquitos 2 Bedroom Apartments | $3,757 | $2,234 | $5,020 |
Rancho Penasquitos 3 Bedroom Apartments | $4,605 | $2,629 | $5,740 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Rancho Penasquitos Neighborhood of San Diego, CA.
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Rancho Penasquitos, San Diego, CA Local Guide
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Cheapest Available Rancho Penasquitos Apartments for Rent
 The cheapest available apartment rental in the Rancho Penasquitos area of San Diego, CA is a 1 Bed unit found at Penasquitos Point priced from $2,174. The Hills has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,241. Here are the most affordable Rancho Penasquitos apartments for rent in San Diego, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Penasquitos Point | Cerritos | 1BR,1BA | $2,174 |
The Hills | The Sierras | 2BR,1BA | $2,241 |
The Villas at Camino Bernardo | Palmilla | 1BR,1BA | $2,471 |
Best Value Apartments for Rent in Rancho Penasquitos, CA
As of April 09, 2025 the best value apartment in the Rancho Penasquitos area is the $3.27 price per square foot C1 Model at Merge 56 in the in the Torrey Highlands neighborhood starting from $4,293. The second greatest value Rancho Penasquitos apartment is the Palomar Model at Montierra starting at $3,800 with a $2.98 price per square foot in the Mira Mesa neighborhood. Here is today’s list of the best values for Rancho Penasquitos apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Merge 56 | C1 | 3BR,2.5BA | $3.27 |
Montierra | Palomar | 3BR,2BA | $2.98 |
Sofi Westview | 2 Bedroom 2 Bath B Renovated | 2BR,2BA | $3.20 |
The Hills | The Cuyamacas | 3BR,2BA | $2.85 |
Sofi Canyon Hills | 2B2B-B (Upgraded) | 2BR,2BA | $3.06 |
Canyon Rim Apartments | C1 Market Rate | 3BR,2BA | $3.25 |
Ridgewood Village | Twin Oaks | 2BR,2BA | $3.06 |
Cresta Bella | Amalfi | 1BR,1BA | $3.22 |
Rancho Villas | Two Bedroom | 2BR,1BA | $3.13 |
Penasquitos Point | Cerritos | 1BR,1BA | $2.97 |
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Pet Friendly LifestyleRancho Penasquitos, San Diego, CA
Ranked #69
Among neighborhoods in San Diego, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Rancho Penasquitos, San Diego, CA
School data provided by Great Schools
Getting Around the Rancho Penasquitos Neighborhood in San Diego, CA
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
22 / 100
Minimal Transit
It may be possible to get on a bus
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 Rancho Penasquitos Apartments
How much is rent for a Cheap One Bedroom Rancho Penasquitos Apartment?
The lowest price for a Cheap One Bedroom Rancho Penasquitos Apartment is $2,174 at Penasquitos Point.
What is the lowest price for a Cheap Two Bedroom Rancho Penasquitos Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rancho Penasquitos is starting from $2,241 at The Hills.
What is the most affordable Rancho Penasquitos Three Bedroom Apartment?
The best deal on a cheap Rancho Penasquitos Three Bedroom Apartment rental is at The Hills and starts from $3,254.
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.