Cheap Apartments for Rent in the Rancho Penasquitos Neighborhood of San Diego, CA from $800 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Rancho Penasquitos area of San Diego.

Showing Results 1-8, Page 1 of 1

Rancho Penasquitos, San Diego, CA Local Guide

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 $2,215. Here are the most affordable Rancho Penasquitos apartments for rent in San Diego, CA:

Apartment ListingModel NameBed/BathPriced From
Penasquitos PointCerritos1BR,1BA$2,174
The HillsThe Sierras2BR,1BA$2,215
Canyon Rim ApartmentsB1 Market Rate2BR,1BA$2,280

Best Value Apartments for Rent in Rancho Penasquitos, CA

As of March 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 The Cuyamacas Model at The Hills starting at $3,473 with a $3.04 price per square foot in the Rancho Bernardo neighborhood. Here is today’s list of the best values for Rancho Penasquitos apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Merge 56C13BR,2.5BA$3.27
The HillsThe Cuyamacas3BR,2BA$3.04
Cresta BellaBergamo2BR,2BA$3.01
Sofi Canyon Hills2B2B-B (Upgraded)2BR,2BA$3.23
10796 Sabre Hill Dr10796 Sabre Hill Dr2BR,2BA$3.04
Sofi Westview2 Bedroom 2 Bath A Renovated2BR,2BA$3.23
Canyon Rim ApartmentsB1 Market Rate2BR,1BA$2.69
MontierraSoladad1BR,1BA$3.54
Penasquitos PointCerritos1BR,1BA$2.97
The Villas at Camino BernardoPalmilla1BR,1BA$3.34

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Rancho Penasquitos, San Diego, CA

Ranked #53

Among neighborhoods in San Diego, CA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Rancho Penasquitos, San Diego, CA

School data provided by Great Schools

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

What is the Cheapest Studio apartment in Rancho Penasquitos?

Currently the most affordable Cheap Studio Apartment in Rancho Penasquitos is at Windsor Rancho PQ listed at $2,355.

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 $2,215 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 $3,473.

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.