10062 Paseo Montril
San DiegoCA92129
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.
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Penasquitos Point
12760 Rancho Penasquitos BlvdSan Diego, CA 92129
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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Rancho Penasquitos, San Diego, CA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Rancho Penasquitos?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rancho Penasquitos Studio Apartments | $2,405 | $2,350 | $2,489 |
| Rancho Penasquitos 1 Bedroom Apartments | $2,930 | $2,010 | $4,122 |
| Rancho Penasquitos 2 Bedroom Apartments | $3,627 | $2,234 | $4,862 |
| Rancho Penasquitos 3 Bedroom Apartments | $4,636 | $2,629 | $5,662 |
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
- Nearby San Diego neighborhoods
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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. Windsor Rancho PQ has the second lowest priced unit, which is a Studio apartment currently listed from $2,350. 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 |
| Windsor Rancho PQ | S1 | Studio,1BA | $2,350 |
| eaves Rancho Penasquitos | A1 | 1BR,1BA | $2,394 |
Best Value Apartments for Rent in Rancho Penasquitos, CA
As of April 29, 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 2 Bedroom 2 Bath B Renovated Model at Sofi Westview starting at $3,625 with a $3.15 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 |
| Sofi Westview | 2 Bedroom 2 Bath B Renovated | 2BR,2BA | $3.15 |
| The Hills | The Cuyamacas | 3BR,2BA | $2.82 |
| Sofi Canyon Hills | 2B2B-B (Upgraded) | 2BR,2BA | $2.86 |
| Montierra | Laguna | 2BR,2BA | $3.06 |
| Canyon Rim Apartments | C1 Market Rate | 3BR,2BA | $3.17 |
| Ridgewood Village | Twin Oaks | 2BR,2BA | $3.12 |
| Cresta Bella | Amalfi | 1BR,1BA | $3.25 |
| 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 #76
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
What is the price of a cheap apartment in Rancho Penasquitos?
The cheapest apartment in Rancho Penasquitos is Penasquitos Point which is listed at $2,174, while the average apartment in Rancho Penasquitos costs $6,000.
What types of apartments are the cheapest in Rancho Penasquitos?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Rancho Penasquitos that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Rancho Penasquitos?
Cheap apartments in Rancho Penasquitos have an average cost of $142 which is $5,858 cheaper than the average rent for all rentals in Rancho Penasquitos.
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.
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.
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.
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.